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
Why You Should File Your 2019 Tax Returns ASAP!
Why You Should File Your 2019 Tax Returns ASAP? Many individuals, couples, and businesses are putting off filing their 2019 tax returns because; they can. Others, because they qualify for stimulus checks in 2018 but not 2019; it’s not 100% clear yet that this is a good idea. Either way, April 15th and many other…
COVID – 19 Relief Status Update 04.06.20
‘Phase 4’ stimulus wish lists floated
https://ne…
Corona Virus Relief (CARES ACT)
Today we’re talking all about the Corona Virus Re…
Economic Impact Payments: What you need to know?
No action needed by most people at this time! IR-2020-61, March 30, 2020 WASHINGTON — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some seniors and others…