IMPORTANT NOTE: The PPP and EIDL programs are now replenished for round two. We encourage all eligible small businesses to apply now through their financial institution or through an online lender as the funds will quickly run out. Here’s what…
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As banks start accepting and processing applications, and businesses and their advisors race to apply, all have struggled with limited PPP guidance and unanswered questions. Late Monday night, April 6, 2020, the US Treasury and the SBA released FAQs on…
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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…
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As we all try to keep ourselves, our loved ones, and our communities safe from the coronavirus (COVID-19) pandemic, you may be wondering about some of the recent tax changes that were part of the CARES Act. The Coronavirus Aid,…
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To help mitigate the financial and health crises related to the coronavirus (COVID-19), on Friday, March 27, 2020, President Trump signed into law the largest economic relief package in modern U.S. history. The $2 trillion Coronavirus Aid, Relief, and Economic…
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UPDATE 4/4/20: The SBA has Issued a Second Round of Guidance – 13 CFR Part 121. This guidance primarily focuses on affiliation rules for businesses, not-for-profits and faith-based organizations. See updated information below. Despite not being ready on April 3rd…
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Applications for the Paycheck Protection Program Are Scheduled to Begin on April 3, 2020. Check With Your Bank For When You Can Begin to Apply and Application Process. UPDATE: 4.3.2020 – the SBA issued much needed guidance on the PPP…
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The US Department of The Treasury issued late today a first round of guidance for the Paycheck Protection Program. You can begin to apply as early as April 3rd. See information HERE. **IMPORTANT NOTE: Please be cautious of potential scammers…
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Coronavirus Aid, Relief, and Economic Security Act (CARES): Critical Information for You and Your Business < Business Loans < Business Tax Changes < FFCRA Changes < Individual Benefits < Additional Provisions The Coronavirus Aid, Relief, and Economic Security Act…
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Coronavirus Aid, Relief, and Economic Security Act (CARES): What You Need to Know for Your Nonprofit The CARES Act includes a number of provisions of relevance to non-profit organizations, including: (1) expanded eligibility for non-profits to apply for Small…
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Whether your not-for-profit is newly deluged with demand for services or you’ve closed doors temporarily, it’s important to keep up with legislation responding to the coronavirus (COVID-19) crisis. On March 18, the Families First Coronavirus Response Act was signed into…
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Businesses have been hit hard by mandatory closures and safety measures required to slow the spread of the coronavirus (COVID-19). Many of our clients are asking for guidance on loan assistance and disaster relief. But businesses have a growing number…
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Highlights of the Coronavirus Aid, Relief and Economic Security Act (CARES) The House has passed and the President is expected to sign the CARES Act, which includes thousands of dollars in direct payments to most Americans, and significant loan packages…
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