UPDATE: SMALL BUSINESS PPP & SBA EIDL (April 22, 2020)

April 22, 2020 Dear Clients and Friends, The Senate on Tuesday approved additional funding of $310 billion to replenish the Paycheck Protection Program (PPP), which provides forgivable loans to certain types of businesses struggling as a result of the pandemic. It is expected to be passed by the House Thursday and signed by the President.  …

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CARES Act Tax Provisions Aim to Stabilize Pandemic-ravaged Economy

By Alistair M. Nevius, J.D. Journal of Accountancy March 25, 2020 The Coronavirus Aid, Relief, and Economic Security (CARES) Act, H.R. 748, which passed the Senate by a 96-0 vote late on Wednesday, contains a host of tax measures as part of a $2 trillion aid package designed to help the economy as it suffers …

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Stimulus package word cloud on a tablet

Financial Update on Coronavirus (COVID 19)

Dear Clients and Friends, As the coronavirus Covid-19 crisis continues to affect us, our local communities and global economies, you may have concerns about your financial well-being.  Or you may be wondering about how recently passed legislation impacts you and your business enterprise.  I’m providing a high-level summary of some of the key highlights from …

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