Payment Protection Plan Update

Payment Protection Plan Update

As we approach year end for many of you, tax planning still has some uncertainties. Many business clients received financial assistance through the Paycheck Protection Program (PPP). The PPP is essentially a government loan that can be forgiven if the proceeds are used to pay certain qualifying expenses, mainly compensation to employees. There has been

Mask with Money

Paycheck Protection Program (PPP)

The Paycheck Protection Program (PPP) has been touted as relief for small businesses, giving small businesses cash to survive during this unprecedented time. The program features a component of forgiveness for payroll costs paid within eight weeks of funding. The program is clear that this forgiveness will not be taxable to the borrower. While the

CARES Act

CARES Act

On Friday, March 27, 2020, the President signed phase three of the COVID-19 relief acts, also known as the CARES Act , in order to assist Americans with the current pandemic. The CARES Act provides much needed stimulus to small businesses, families, individuals, and hospitals in response to the economic distress caused by COVID-19. The CARES Act provides

covid virus

COVID-19 Response

We recognize that with the constantly changing COVID 19 situation, this is an unprecedented time for everyone. The team at cHb Advisors is here to help navigate you through these difficult times. We are working diligently to gather and disseminate valuable information for your business. Please monitor your inbox tomorrow, Thursday, March 26, 2020 for

Tracks Merging

cHb Expansion

We are pleased to announce that effective January 1, 2020, cHb Advisors, LLC acquired Advanced Tax Strategies, PC (ATS). By combining forces, this expanded level of expertise allows us to offer a wider array of services, specifically in our tax department. cHb’s steady growth over the past 20 years has stemmed from the hard-work of

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