W&D Coronavirus Resource Center

The coronavirus (COVID-19) is causing challenges for businesses across the U.S. We have compiled a list of resources to help business owners, management and individuals navigate this unprecedented situation. 

This list will be updated regularly as the situation evolves and new relief initiatives are announced. Last Updated January 9, 2021 at 12:00 p.m.

Consolidated Appropriations Act of 2021 (CAA 2021) – “Economic Aid Act”

The nearly 5,600-page Consolidated Appropriations Act of 2021, which is now law, expands and extends several critical provisions of the CARES Act enacted in the spring of 2020 to deal with the emerging financial and health care crisis. It also includes welcomed additions, clarifications, and changes to the PPP. 

Federal Coronavirus Relief

PPP Forgiveness Forms and Instructions

Revised PPP Application Forms

PPP Loan Forgiveness Forms

Loan Programs

COVID-19 Webinars 

Upcoming Live Events

On-Demand

  • Navigating the PPP Loan Forgiveness Process. December 10, 2020.  ON-DEMAND – VIEW LIVE RECORDING
  • How to Achieve PPP Loan Forgiveness & Updates. ON-DEMAND – VIEW LIVE RECORDING
  • The Paycheck Protection Flexibility Act and New Loan Forgiveness Applications and Guidance.  6.24.2020.  VIEW SLIDES
  • The SBA Paycheck Protection Program Loan Forgiveness Application and New Guidance. 5.27.2020 VIEW LIVE RECORDING.
  • PPP Loan Forgiveness Updates and Best Practices.  5.6.2020. VIEW LIVE RECORDING
  • COVID-19 Stimulus and Other Options for Not-for-Profits.  4.23.2020. VIEW LIVE RECORDING
  • COVID-19 STIMULUS – WHAT’S AVAILABLE FOR YOU?> CARES Act Individual Provisions for You and Your Employees.  4.9.2020  VIEW LIVE RECORDING
  • COVID-19 Business Loans & Disaster Relief – New CARES Act Paycheck Protection Info and How to Apply. 4.1.2020 VIEW LIVE RECORDING

Executive Orders

What’s in the Recent Executive Orders?  8.11.2020

The Coronavirus Aid, Relief and Economic Security Act (CARES)

The Families First Coronavirus Response Act (FFCRA)

FFCRA was signed into law on March 18, 2020 and responds to the growing health and economic crises with provisions for paid sick leave, free testing, expanded unemployment benefits and more.  

Financial Resources and Loan Assistance

We have compiled a comprehensive, summarized list of COVID-19 emergency business loan assistance and disaster relief assistance at the Federal, State and City level.  VIEW HERE.

Loan & Disaster Relief Programs

Lay-offs and Business Continuity Planning

State Level Assistance

Since each state’s plan to assist businesses varies, the best thing business owners can do is check with their local governor’s office for the latest on state specific assistance, resources and updates. You can also check in with local small business organizations and agencies. Here is a list of state- and local-level small business resources to consult:

Tax Resources

Resources for Employers

Unemployment

Responding to Coronavirus

Preparing Workplaces for Coronavirus (COVID-19)

Midwest State Health Resources

 

Legal Notice: The materials communicated in this transmission are for informational purposes only and not for the purpose of providing accounting, legal or investment advice. You should contact your accountant or advisor to obtain advice with respect to any particular issue or problem. Use of and access to this Web site or any of the e-mail links contained within the site do not create an accountant-client relationship between Warady & Davis and the user or browser. You should not act upon any such information without first seeking qualified professional counsel on your specific matter. Any accounting, business or tax advice contained in this communication is not a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, Warady & Davis would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.  © 2020  All Rights Reserved.

 

 

»

    Publications »

      More Publications »

      Highlights of Consolidated Appropriations Act of 2021

      The nearly 5,600-page Consolidated Appropriations Act of 2021, which is now law, expands and extends several critical provisions of the CARES Act enacted in the spring of 2020 to deal with the emerging financial and health care crisis. Key provisions for individuals, businesses and employers Here’s a broad overview of some of the provisions that … Read More »

      Important PPP Changes and Guidance

      IMPORTANT NOTE: On January 6, 2020 the SBA issued approximately 120 pages of new regulations regarding PPP loans.  We have updated the below article on PPP Changes with significant new details, including: New methods to calculate a 25% reduction in gross receipts Clarifications regarding eligibility for second draw PPP loans Denial of loan eligibility for … Read More »

      Ready to file for PPP Forgiveness?

      There is no question that PPP loan borrowers who wish to apply for forgiveness and release the burden of their PPP loan are eager to move forward.  Uncertainty, however, remains. Although there is much talk about automatic forgiveness for PPP loans under a certain dollar amount, several rounds of stimulus legislation containing PPP modifications have … Read More »

      Who’s subject to PPP Owner-Employee Forgiveness Limits?

      The U.S. Small Business Administration (SBA) and Treasury issued an interim final rule Monday addressing Paycheck Protection Program (PPP) forgiveness issues related to owner-employee compensation and the eligibility of nonpayroll costs.  Specifically, the interim final rule establishes that owner-employees with less than a 5% stake in a C or S corporation are exempted from the … Read More »

      Are you eligible for unemployment insurance? Here’s what to know

      Laid off or furloughed because of COVID-19? We answer your questions about unemployment benefits. Unemployment claims are soaring across the United States due to coronavirus-related layoffs and closures.  Americans are increasingly worried about how they are going to pay their bills as coronavirus forces businesses to close and costs millions of people their jobs. To … Read More »

      Covid-19 Financial Relief: Families First Coronavirus Response Act

      Families First Coronavirus Response Act (FFCRA) The Families First Coronavirus Response Act (FFCRA; “The Act”) was signed into law on March 18, 2020 and responds to the growing health and economic crises with provisions for paid sick leave, free testing, expanded unemployment benefits and more. FFCRA also generally requires employers with less than 500 employees … Read More »