COVID-19 Guides for Businesses & Individuals
We are dedicated to the financial success of every client.
Nichols, Cauley, & Associates offers a diverse range of financial services.
Seeking growth and opportunity for your business – together.
WE’RE HERE TO HELP YOU TACKLE AN EVER-CHANGING FINANCIAL ENVIRONMENT WITH PRECISION, EXPERIENCE AND WISDOM.
Accounting is the language of business. It is the communication between business people who may desire different goals and outcomes. By becoming an active member of your financial team, we are able to identify what you desire in life or business, design a plan that helps you achieve your goals, and help you measure performance throughout the process.
Latest News
PPP SBA Form 3508D
On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021 (the Act) into law. The Act provides for significant changes to the Paycheck Protection Program (PPP) and establishes a second round of additional funding for the PPP. Over the past several weeks, the SBA has issued numerous guidance documents and forms to implement…
Continue ReadingSBA PPP Round 2 Guidance
On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021 (CAA) into law. A significant revision in this law involves extending and expanding an existing provision from prior 2020 Federal COVID-19 legislation regarding the employee retention credit and paycheck protection program. The CARES Act passed in March 2020 established the following two incentive…
Continue ReadingEmployee Retention Credit Updates
On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021 (CAA) into law. A significant revision in this law involves extending and expanding an existing provision from prior 2020 Federal COVID-19 legislation regarding the employee retention credit. The CARES Act passed in March 2020 established the following two incentive programs that provide funds…
Continue ReadingConsolidated Appropriations Act, 2021
On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021 into law. The major tax-related provisions are summarized below: COVID-19-related Tax Relief Act of 2020: Additional Recovery Rebate Credit $600 per individual (including dependents) Phase out begins at Adjusted Gross Income of $150,000/$112,500/$75,000 (Married Filing Joint/Head of Household/Others) Advance payments will be based…
Continue ReadingSBA Paycheck Protection Program Forgiveness
On Friday, May 15, 2020 the SBA and Treasury released the Paycheck Protection Program (PPP) Loan Forgiveness Application, SBA Form 3508. This application package includes: • Form of application and supporting schedules required to be submitted to lenders by those seeking forgiveness of PPP loans • Detailed instructions, including documentation required by SBA and optional…
Continue ReadingCOVID Q&A with NCA Partners
Three of our Partners were featured on North Fulton Business Radio to discuss the Economic Injury Disaster Loan and Payroll Protection Program. You can hear Keith Daniel, Tim Veal, and William Sammons talk to John Ray from North Fulton Business Radio here: https://businessradiox.com/podcast/north-fulton-studio/nichols-cauley-roundtable-on-sba-coronavirus-relief-programs/ Please visit Nicholscauley.com or call us at 800-823-0117 for additional guidance.
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