COVID-19 UPDATES

We’re Staying On Top Of The Latest

A QUICK MESSAGE FROM

OUR MANAGING PARTNER

To our valued clients and friends:

I want to provide some important assurances.

We are closely monitoring all aspects of the unprecedented events affecting our nation and the world related to Coronavirus and will keep you continuously updated as more information becomes available. This is a very fluid situation.

Here are a few important general points about our operations:

  1. We are all taking the prescribed precautions: avoiding social gatherings, staying home if not feeling well, washing hands frequently, and cleaning surfaces regularly.
  2. Our office is open, but we have been set up to work remotely for a long time. So even if an order comes to shelter in place we can keep providing needed services.
  3. We have the ability to securely receive and deliver information online.
  4. If you are within a 25-mile radius of our office and do not feel safe getting out, call our to arrange free pickup and delivery.
  5. If you want to drop off and pickup papers from your car, let us know.
  6. We can exchange information by mail, Fedex, or UPS if you like.

We will e-mail explanations of new laws and relief opportunities.

If you have any questions or concerns please contact our office. Finally, we are praying for those afflicted and suffering from this global disaster.

Stay safe and healthy!

– Steve McNeely

FINAL RULES FROM THE SBA 4/16

FINAL RULES FROM THE SBA 4/16

Some clarifications today – some not so good, some okay, some good. Possibly bad: SBA EIDL grant is limited to $1,000 per employee, up to $10,000. This is a new invention—you probably got the e-mail. “The Advance is available as part of the full EIDL application and...

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CALCULATING PPP LOAN AMOUNTS FOR SOLE PROPRIETORS

CALCULATING PPP LOAN AMOUNTS FOR SOLE PROPRIETORS

HOW SOLE PROPRIETORS CALCULATE PPP LOAN AMOUNTS  AS OF 11:00 A.M., FRIDAY, APRIL 10, 2020  How am I sleeping? Like a baby. I wake up every three hours looking for Treasury guidance. As I write there is none for contractors and sole proprietors who can begin filing for...

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COVID-19 UPDATE: MARCH 30

COVID-19 UPDATE: MARCH 30

Hi everyone, First, prayers continue for all impacted by the Coronavirus and any other severe trial. The stories of people helping each other are amazing! Here is a quick hit of our suggested strategy for small businesses and self-employed individuals we covered in...

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BANKS WE KNOW TO ACCEPT
PPP APPLICATIONS:

Austin Bank

City National Bank

Chase Bank*

Lamar National*

Regions Bank

Southside Bank*

Texas Bank & Trust*

*Banks who have let us know via representative they should be participating, although no information has been released on the website. If you bank at one of these please contact your bank representative as soon as possible.

READY TO GET STARTED?

McNeely & McNeely CPA Newsletter

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