Good Morning Sunshine!

New - IRS Clarifies Stance On No Deductibility Of Expenses Paid With PPP Funds - The IRS recently released a Revenue Ruling and a Revenue Procedure which formalized its prior position in Notice 2020-32 that expenses funded with forgiven Paycheck Protection Program (“PPP”) loan funds are not deductible. Read more here from Katz Bosch accounting firm.

Funding - Are you looking for capital to grow or start a business?  Connecting to reliable funding sources isn't easy, particularly during a pandemic. With a new year just around the corner, now is a good time to start thinking outside the box. Free webinar from the Governor's Office of Small, Minority & Women Business Affairs and the Dept of Housing and Community Development (DHCD). Tuesday, December 15, 2020, 10 a.m. - 12 p.m. Click here to register.

Increase Business - 5 Ways to Thank Your Customersarticle from SCORE

Holiday Fun

A little something to help celebrate this season of Thanksgiving.

·        The Gratitude Scavenger Hunt - perfect for kids and adults. Gratitude is about being thankful and focusing on the good around us. When we learn to be thankful for everything and have an attitude of gratitude, we feel more positive, peaceful and happy. Try it. You won’t be disappointed. Bonus: The Grateful (phone) Challenge – have family members find photos on their phone of things they are grateful for. Both exercises attached (pdf)

·        Caroline County Holiday Things To DoSee attached PDF 

·        Looking for unique holiday gifts?  Try holiday shopping in Kent County MD this year.  Click here for directory of unique businesses.

I am thankful for each reader of this post. For your desire to learn and grow, and to help others.  Your perseverance and hope inspires many, including me. Thank you! You are amazing! May you enjoy a safe and Happy Thanksgiving! Just follow Miss Piggy’s wise advice … “Don’t eat more than you can carry!”

Md. Dept. of Commerce Updates: 11/25/2020