One of the most anticipated and popular provisions in the CARES Act is the expansion of Small Business Administration (SBA) 7(a) Loans with new Paycheck Protection Program loans. These loans are non-recourse to owners, 100% Federally guaranteed and can be used to pay...
Telecommuting is a trend that has grown in popularity among businesses in recent years. In times of personal or unexpected need, remote work plans provide a great “Plan B” to keep things running as smoothly as possible. With something as sudden as COVID-19, however,...
Late on March 25, 2020, the US Senate released the final tax of the CARES Act, the third Coronavirus related Bill and much needed stimulus package. The Bill passed the House and signed into law by the President on March 27th. At this time, we want to stress to our...
Late on March 25, 2020, the US Senate released the final tax of the CARES Act, the third Coronavirus related Bill and much needed stimulus package. The Bill passed the House and signed into law by the President on March 27th. At this time, we want to stress to our...
Late on March 25, 2020, the US Senate released the final tax of the CARES Act, the third Coronavirus related Bill and much needed stimulus package. The Bill passed the House and signed into law by the President on March 27th. At this time, we want to stress to our...
These are most certainly very strange and difficult times. The novel coronavirus (COVID-19) has forced many businesses to make very tough decisions recently. Some have had to shutter their doors as the virus continues to spread across the State while others have had...
While we wait for the 3rd and largest stimulus package from congressional leaders, hopefully coming soon, there are currently a few different relief programs for businesses and nonprofits. The majority of these are currently in the form of loans from different...
The first (but certainly not last) Federal package designed to help employers (both businesses and nonprofits) with the impact of the COVID-19 outbreak is the Families First Coronavirus Response Act (FFCRA), which was signed into law on March 18, 2020. The FFCRA was...
Latest information as of March 25, 2020 After announcing on Tuesday, March 17, with guidance provided on March 18, that the tax return payment dates were pushed to July 15, 2020 (90 days) while leaving the filing deadline untouched, Treasury Secretary Mnuchin...
