Corona Virus Relief (CARES ACT)

Today we’re talking all about the Corona Virus Relief (The Cares Act)
Tax and loan issues summary article from Forbes:
https://www.forbes.com/sites/anthonynitti/2020/03/25/congress-reaches-agreement-on-a-coronavirus-relief-package-tax-aspects-of-the-cares-act/#3d3a762f5f99
Other issues article from Forbes:
https://www.forbes.com/sites/kellyphillipserb/2020/03/25/senate-passes-coronavirus-stimulus-bill-house-expected-to-follow-suit/#29cd2bb94475
Here is an article on how Enhanced Unemployment Benefits will work: https://www.americanactionforum.org/insight/enhanced-unemployment-benefits-in-the-coronavirus-aid-relief-and-economic-security-cares-act/
More detailed information on the Paycheck Protection Program:
https://bench.co/blog/operations/paycheck-protection-program/
Text of Bill (Scroll down in the link)
https://www.congress.gov/bill/116th-congress/house-bill/748/text
SBA rules for PPP loans (4/4/2020)
https://www.sba.gov/sites/default/files/2020-04/PPP–IFRN%20FINAL_0.pdf
Steps to Prepare for Retirement
Steps to Prepare for Retirement U.S. Companies Can’t Continue Offering Adequate Pensions, AICPA Survey Reveals by Joel Allegretti April 27, 2006 The vast majority of CPAs serving as corporate CEOs, CFOs, Controllers and in other executive positions believe American companies can’t continue providing pensions that adequately cover their employees’ retirement years, according to the results…
Understanding the Importance of Time Management
Understanding the Importance of Time Management By Victor Ghebre Updated: 12/12/12 One of the most non-renewable resources most of us have in our lives is time. No matter how hard we work or how much we strive to accomplish time is always our enemy. However, learning to get a handle on time can be one…
Valuations
A business valuation determines the estimated market value of a business entity. A valuation estimates the complex economic benefits that arise from combining a group of physical assets with a group of intangible assets of the business as a going concern. The valuation, which is part art and part science, estimates the price that hypothetical…
Disclaimer
Disclaimer The information made available through this site is provided for informational purposes only and should not be construed as rendering financial, tax, accounting, legal, consulting, investment or other professional advice on any matter. Your use of the site does not create a client, advisory, fiduciary or professional services relationship between you and Greenstein, Rogoff,…