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Articles worth reading. Advisory letters worth re-reading.

March 31 2020

Coronavirus Update 3/31/20

EMERGENCY UPDATE — Tuesday, March 31 — To our clients: As some of you are already aware, as part of the CARES Act signed into law on Friday, March 27, 2020, the Small Business Administration (SBA) is offering two programs to provide financial assistance to small businesses. The first program is a disaster assistance loan, […]

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March 31 2020

SBA Loans — Link to Official Information

EMERGENCY UPDATE — Tuesday, March 31 — Pennsylvania’s disaster declaration has been approved by SBA and businesses are able to apply for an SBA Economic Injury Disaster Loan (EIDL) online at https://disasterloan.sba.gov/ela.

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March 31 2020

Coronavirus Emergency Loans — Link to Official Information

EMERGENCY UPDATE — Tuesday, March 31 — From the introduction to the guide: “The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses. Importantly, these loans may be forgiven […]

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March 26 2020

Coronavirus Update 3/26/20

EMERGENCY UPDATE — Thursday, March 26 — To our clients: At long last, the Senate has passed a $2.2 trillion economic stimulus bill. The Coronavirus Aid, Relief, and Economic Security Act (CARES) is the most expensive piece of tax legislation ever passed. The House now has the opportunity to modify the bill and the President […]

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March 23 2020

Coronavirus Update 3/23/20

EMERGENCY UPDATE — Monday, March 23 — To Our Clients: In our Coronavirus Update on March 21, 2020, it was still uncertain whether Pennsylvania would extend the due date for 2019 income tax returns and tax payments beyond the normal April 15 deadline. Not long after that email was sent, it was announced that the […]

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