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Business Still Confused About Expenses

As the deadline to file third quarter estimated taxes looms, many small businesses are still uncertain how to treat expenses related to the PPP forgivable loan, reports CNBC. 

A key tax deadline is just around the corner, and small-business owners who are in distress are still uncertain of what they’ll owe the IRS.

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Additional Help Needed for Small Business

Small business kept afloat by PPP money from earlier this spring could go under this fall if no further measures are taken by the government, reports the Chicago Tribune.

For six months, small businesses have relied on Paycheck Protection Program loans, operational pivots and no small measure of hope to keep their doors open during the pandemic.

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Beyonce's Foundation Offers Grants

Beyonce’s BeyGOOD foundation is offering another round of grants to Black-owned small businesses, reports Billboard. 

Beyonce is continuing to give back. The superstar announced via her BeyGOOD foundation on Wednesday (Sept. 2), that she is donating $1 million in additional funds to help Black-owned small businesses.

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