UPDATE: UNEMPLOYMENT BENEFITS FOR SELF EMPLOYED & CARES ACT RELIEF (May 15, 2020)

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May 15, 2020 Dear Clients and Friends, The new $3 trillion coronavirus relief bill titled The Heroes Act is expected to pass the House of Representatives today.  However, it’s fate will be determined in the Senate.  The Act is expected to ultimately pass but with significant modifications.  It includes funding for additional economic Impact/stimulus payments, …

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

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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

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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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Financial Update on Coronavirus (COVID 19)

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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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