WebJust received a sum of money in my small business bank account today, it was titled with SBAD TREAS 310 MISC PAY. What can this money be used for? Is it specifically for payroll, or is it different that PPP? This appears to be the EIDL grant/advance 1k per employee... It can be used however you like. Just discovered i received the SBAD TREAS 310. WebJul 9, 2024 · According to the Illinois Credit Union League, credit unions have reported members receiving ACH deposits representing SBA disaster relief payments to inactive or non-business accounts. The payments are …
SBA Releases Guidance Regarding Reporting Suspicious Activity in …
WebI also got a deposit yesterday with the "SBAD TREAS 310 MISC PAY RMT*CT" heading. Called SBA and was informed that this money was a loan and the grant portion should … WebSBAD TREAS 310 MISC PAY or CREDIT FOR SBAD TREAS 310 MISC PAY. You'll want to create a new Other Income Account and title it "Nontaxable Income". This is how the deposit should be categorized. Here's a quick video on where to go to set that account up. If you have any questions, reach out to your accounting advisor or tax pro. hot water heater thermostat stones hardware
If the financial institution (FI) receiving the funds determines …
WebAug 20, 2024 · IRS Treas 310 Tax Ref 2024 Starting from the third week of August, the Internal Revenue Service and the Department of Treasury are sending the interest payments to about 13.9 million active taxpayers. This refund is averaged at $18 and your share might depend on the amount of tax you paid. WebMysterious "DOEP TREAS 310 MISC PAY" deposit appeared in my bank account. Anyone know what this is? I magically received a few hundred dollars in my bank account one day, which is awesome, except that I have no idea where it came from or why I received it. It's an ACH Credit and the description in my statement just says "DOEP TREAS 310 MISC PAY ... http://resources.gabankers.com/PDFs/2024/CARES%20FAB-updated%2007222024.pdf linguistic shortcuts