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CARES Act Rebate Calculator
Curious to find out exactly how much stimulus money is coming your way, or even if you are getting any? Use the calculator below to determine your rebate through the CARES Act. The Tax [...]
Answers to Questions about the CARES Act Employee Retention Tax Credit
The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act provides a refundable payroll tax credit for 50% of wages paid by eligible employers to certain employees during the COVID-19 pandemic. The employee [...]
Student Loan Relief for Many
A great sigh of relief for many individuals wondering how they are going to pay their student loans during this time. The new CARES act includes a deferral for six months on federally backed [...]
CARES Act Provides Option to Delay CECL Reporting
The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27. Among other economic relief measures, the new law allows large public banks to temporarily postpone the controversial current expected [...]
CARES Act Creates Relief and Opportunity for American Taxpayers
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, a sweeping economic stimulus package designed to provide financial relief for American individuals and families. Here [...]
The SBA EIDL and PPP Loans and Their Tax Implications
Among the many relief provisions passed by Congress in recent days are loans focused on small businesses. This isn't entirely new to the SBA, which has long been in the loan business, but recently [...]
IRS warns of COVID-19 stimulus scams
The IRS is warning individuals about potential fraud related to the COVID-19 stimulus checks or deposits. Scammers could try to make people sign over a check to them or get people to "verify" filing [...]
The CARES Act: Retirement Provisions
The COVID-19 pandemic is affecting all aspects of finances, including retirement savings. The CARES Act contains provisions affecting these plans that will remain in effect for 2020. They include the following: The act specifically [...]
The CARES Act: Getting a Small Business Loan
The CARES Act — a collection of pandemic-related provisions — has good news for small businesses struggling to stay afloat during the COVID-19 pandemic: The act provides relief to U.S.-based businesses with (1) 500 [...]
New CARES Act Provides Businesses with More Relief
On March 27, President Trump signed into law another coronavirus (COVID-19) law, which provides extensive relief for businesses and employers. Here are some of the tax-related provisions in the Coronavirus Aid, Relief, and Economic [...]
Lloyd Bronson says:
Lloyd Bronson says:
Lloyd Bronson says: