IMPORTANT – Summary of Tax and Loan Provisions in CARES Act Signed on Friday, March 27!

Some Good News for Many Individuals and Organizations Resulting from COVID-19 On Friday, March 27, the President signed the $2.2. trillion “Coronavirus Aid, Relief, and Economic Security Act” also called the “CARES Act”.   This is a huge, new spending bill that will provide relief to individuals, businesses, certain not-for-profit organizations, the health care system and […]

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CARES Act and SBA Lending for Small Businesses

Late in the night on Wednesday, March 25th, the Senate voted unanimously (96-0) to pass The Coronavirus Aid, Relief, and Economic Security Act (CARES).  It is to be voted upon by the House of Representatives on Friday, March 27th, where it is expected to pass and then be signed into law shortly thereafter.  While there […]

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Families First Coronavirus Response Act

On March 18, 2020 the Coronavirus relief package was signed into law. Titled the “Families First Coronavirus Response Act”, the act has created a temporary sick paid leave program and a temporary expansion to family/medical leave act. The law goes into effect April 2, 2020 and is effective until December 31, 2020. The law requires […]

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