IRS Issues Informal Guidance on Employee Retention Credit

The IRS has issued its first informal guidance on the employee retention credit, which passed as part of the CARES Act last week. The credit…

Paycheck Protection Program Applications Available This Week — Link Provided

Small businesses and sole proprietorships that have been negatively impacted by the coronavirus pandemic can apply for federal loans under the federal Paycheck Protection Program…

Paycheck Protection Program Offers Employers Ability To Prevent Layoffs

The CARES Act passed both houses of Congress and met the president’s signature this evening. Its primary item for small business aid is a $349…

What The Stimulus Package Offers Small Businesses

The $2 trillion stimulus package that passed the Senate on Wednesday and just now passed the House earmarks $350 billion for small businesses affected by…

Details On Stimulus Bill Emerge As It Passes Senate, Moves To House

UPDATE: March 27, 2020, 1:45 p.m. This bill has now passed the House and met the president’s signature. Late last night, the Senate unanimously approved…

Stimulus Deal Reached, Vote Expected Today

The White House and Senate leaders reached an agreement early this morning on a $2 trillion coronavirus spending bill. The bill has not yet passed.…

Final Changes to Coronavirus Relief Act, Paid Leave

Yesterday, the House of Representatives scaled back the paid-leave portion of the Families First Coronavirus Response Act that it attempted to enact days earlier following…

Tax Deadline Extension Applies to Payments, Not Filing

UPDATE: March 20, 2020, 3:15 p.m. — The deadline to file taxes has now been extended to July 15, 2020. For more information, click here. …

SBA Disaster Assistance Loans For Companies Affected by Coronavirus

UPDATED: March 23, 2020, 8:15 a.m. South Carolina now appears on the official disaster declaration list. UPDATED: March 19, 2020, 6:45 a.m. North Carolina now…

Changes To FMLA In Response To Coronavirus: Families First Coronavirus Response Act

Updated: March 19, 2020, 7:45 a.m. – The final version of this bill has passed the Senate and has been signed by President Trump. It…