July Newsletter

“Look around, look around at how lucky we are to be alive right now”

How I feel about having an extra day off this week

Hi all!

Wow! Can you believe we’re halfway through the year already?

I hope that before you read the updates below, you take a moment to give yourself a pat on the back. Honestly, we all deserve a bit of self-care for persevering through 2020. 

In celebration of the holiday weekend (which also includes my husband’s birthday), I’ll be taking a few days off to relax with my family. We’re going to watch Hamilton’s release on Disney+ and hopefully enjoy some (socially distant) time outside – is there a better way to spend the 4th of July than with family!? 

And now, for the updates you need to know:

Updates:

Your Drive folder location has changed!

Check your email inbox for a note from ‘hello@bloomsbs.com’.

As we phase out the use of ZP Associates emails and Google Drive folders, we moved all your documents over to our Bloom Google Drive. If you have a Drive folder with us, we sent you an email on either Monday or Tuesday. Be sure to check your emails to ensure that you have access to the new Drive folders. We’re doing an audit to ensure all documents made the migration – no file will be left behind!

If you don’t have an email from us with your new Drive folder, send us an email and we’ll get you set up!

*NOTE: you will still have access to your folder in ZP’s Google Drive through next March when ZP’s domain registration expires*

 
We’re now scheduling mid-year tax reviews!

You can schedule yours with this link.

This is for everyone – even those of you who don’t want to make quarterly estimated payments but DO want to check up on your business and tax liability! We can also do a review of your QuickBooks to make sure everything is in tippy top shape. Please choose a time that works for you at the end of July or early August. 

 
We’re having so much fun on social media!

Check out our new Instagram and Facebook pages!

Taco the Tax cat makes cameos with helpful tax tips, and we plan to share pressing updates on those platforms as well. We also have a ‘Follow Friday’ feature in the works where we will be giving a shout-out to one of our rock star clients. DM us if you want to be one of the first clients highlighted!

PPP Loan Applications have been extended!


At the risk of sounding like a broken record…if you haven’t applied for a PPP loan, you now have some extra time to get that money. The SBA announced on June 30th that they’ll be accepting applications through August 8th. 

YES, you can have both EIDL and PPP. YES, you can have PPP and unemployment. YES, it can be 100% forgiven! 

“Raise a glass to freedom
Something they can never take away
No matter what they tell you”

Tax return preparation is still chugging along. If you’ve submitted your tax documents already but haven’t heard from me lately, you will very soon! The tax filing deadline for individual returns is July 15th and I will be filing automatic 3 month extensions for anyone who hasn’t gotten me all of their tax “stuff” by Friday 7/3. Partnership & S-corp tax returns are due 9/15. 

At this point, I’m just grateful to have made it halfway through 2020 and feeling very, very lucky to have all of you along with me. What a wild ride this year has been (and perhaps it’s time to get off the crazy train). Let’s hope July behaves themselves…although Mercury is still retrograde (tends to mess with communication and electronics) and Mars moved into Aries (sh*t is gonna get REAL, yo). If you follow this sort of thing — it’s kind of a big deal in the cosmos. 

Sending good vibes to you all!

Stephanie