Any information on this site is for informational purposes only and should not be considered tax, legal, or investment advice. Prior to submitting for any stimulus loan or tax credit make sure you review the information and calculation with your financial or tax professional as well as your lender. Our calculators are meant to be general in nature and are not intended or meant to be definitive or authoritative. Make sure you review your final calculations with a qualified professional.
We assume no liability whatsoever in connection with the use of our calculators or other information contained on our site. We assume no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein. Tax laws and guidance from the Small Business Administration are constantly changing and any information provided herein may not be updated to reflect current guidance as issued by the IRS, Treasury Department or Small Business Administration. Make sure you review your situation with a qualified tax, legal or financial professional in addition to your lender.
To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this communication is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein.
Our calculators are based on interpretations of the CARES Act and U.S. Treasury guidance released March 31, 2020 and April 2, 2020 as well as FAQs released April 6, 2020. There are areas of the Act where additional clarification from the Treasury and SBA is needed. Your judgement and interpretations of the Act may be necessary.