• Summit Bookkeeping

August 2021 | Important Dates & What's New

Happy August! Check out the list below to see important dates that you may want to jot down:

Important Dates

August 25, 2021

  • Monthly DOR Filers: Excise Tax Return — DOR

August 30, 2021

  • Monthly City of Bellingham Filers: B&O Tax Return — City of Bellingham

What's New

Paycheck Protection Program Direct Forgiveness Portal

Starting August 4, 2021

The SBA is launching an online portal that allows small businesses who borrowed a PPP loan of $150,000 or less through participating lenders to apply for forgiveness. Learn more here.

Businesses that are not eligible to apply for forgiveness through the portal must use a form, SBA Form 3508S or similar, provided by their lender. Learn more here.

Summer Activation Grant

September application period: August 6 - August 27, 2021

The Summer Activation Grant provides businesses in Downtown Bellingham micro-grants to engage the community when activities and experiences. This may include musical performances, DJs, classes temporary installations, or other creative experiences. Learn more here.

Expanded Paid Leave Credits

Available for leave taken beginning April 1, 2021, through September 30, 2021

Paid leave credits are now available to employees who take time off to care for a family or household member or certain other individuals obtaining or recovering from a COVID-19 immunization. Self-employed individuals may claim comparable credits on their return. Learn more here.

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