Additional guidance released pursuant to the Protection Program Flexibility Act
Payroll Protection Program funds are still available
View the Paycheck Protection Program FAQs at treasury.gov: Paycheck Protection Loans FAQs
Governor’s Abbott has released a plan to safely and strategically restart and revitalize all aspects of the Lone Star State—work, school, entertainment, and culture. Read more at the Open Texas website.
As one can expect, this is going to be a busy year for insurance carriers. One of the factors is the sheer number of their ensured businesses trying to figure out what exactly their policies entail. All the major medical carriers are providing material–on a daily basis–with regards to COVID-19 and its impact on their […]
The bill is aimed at mitigating the financial havoc from coronavirus, which includes the shuttering of business across industries, and massive layoffs nationwide. The measure is a combination of direct payments to individuals, bailouts for businesses, and expansions to unemployment insurance.
As politicians and pundits attempt to put a timeframe on the economic impact of coronavirus, the reality, according to the Federal Reserve chairman, is anyone’s guess. “The first order of business will be to get the spread of the virus under control and then resume economic activity.” Reuters
Due to widespread hardship from coronavirus, funding has been allocated for disaster loans for small businesses. SBA partner organizations have come on board to help manage the application process.
Be sure and check the IRS website to learn all the updates to filing and payment deadlines. And talk to your CPA if you have any questions or concerns!