Resources

Archive for the ‘COVID-19’ Category

Thursday 04/30/2020

What Employers Need to Know: Expanded Unemployment Benefits & Recalling Employees

Under the CARES Act, individuals have the benefit of additional administrative funding and expanded unemployment insurance. While these benefits can provide much needed support to individuals who have been affected by the pandemic, it also poses a variety of questions for employers. Expanded Benefits The CARES Act expands the scope of individuals who are eligible […]

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Friday 04/24/2020

What to do now that you’ve received funding?

Over the past couple of weeks, our team has helped many clients apply for the Paycheck Protection Program and some have started to receive funding. On April 16, the SBA announced it is no longer accepting applications because all of the approved $349 billion had been distributed. But as of today, April 24, President Donald […]

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More Relief On The Way

The CARES Act was signed into law on March 27, and swiftly distributed all $350 billion of funding allocated to the Paycheck Protection Program within a couple short weeks. With many small businesses left without funding, the second round of relief is critical to keep many small businesses afloat. More relief is on the way. […]

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Wednesday 04/15/2020

Economic Impact Payments – Frequently Asked Questions

The IRS announced over the weekend that they started direct depositing the first wave of Economic Impact Payments (stimulus checks) to those who qualify. A treasury spokesperson said that up to 70 million people will receive their payments via direct deposit by today, Wednesday, April 15th. The Economic Impact Payments provides a $1,200 refundable tax […]

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Monday 04/13/2020

The Impact of the CARES Act on Your Retirement Plan

COVID-19 has sparked many changes nationally and caused a large amount of uncertainty. Our mission as trusted advisors is to provide our clients with the proper resources to make the best decisions for their company. One of the most frightening issues during any recession revolves around an individual’s plan to retire and the balance of […]

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