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The coronavirus (COVID-19) pandemic is causing economic hardship for many people and businesses in the United States. On March 27, the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law by President Trump. A key […]

Economic impact payment paper check mailing dates. When will you get yours?

Paycheck Protection Program Loan Forgiveness Application

In Notice 2020-32, the IRS has clarified that deductions for income tax purposes aren’t allowed for expenses that are otherwise deductible if the payment of the expense results in forgiveness of a covered loan.

Pandemic Unemployment Assistance for individuals who are unemployed due to COVID-19 but who do not qualify for traditional unemployment benefits.

The just-passed $484 billion Interim Stimulus Plan, among other things, replenishes Paycheck Protection Program funds.

Save Small Business Grant Fund Launches Today at 3pm! The U.S. Chamber of Commerce Foundation is launching the Save Small Business Grant Fund, an initiative to provide relief to small businesses when they need it most. Funded by corporate and […]

Where's My Stimulus Check? Find the IRS tracking tool here.

High-deductible health plans (HDHPs) can cover coronavirus (COVID-19) costs. The IRS announced that HDHPs can pay for COVID-19-related testing and treatment, without jeopardizing their status. And an individual with an HDHP that covers these costs may continue to contribute to […]

The coronavirus (COVID-19) outbreak has had a crippling effect on the global economy. This is clearly uncharted territory. As millions around the globe do their best to minimize their exposure to the virus, business owners and managers face an uncertain […]

The coronavirus (COVID-19) pandemic has already had widespread effects on the U.S. economy. Demand for many goods and services has stalled. Unemployment claims have skyrocketed. And many schools and businesses are operating online — if at all. Life has changed […]

EMPLOYEE BENEFITS written on note and marker pen. Business Concept. By now, most employers have presumably read up on the basic tax relief and financial assistance aspects of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. What you may […]