Employee Retention Credit Available for Many Businesses Financially Impacted by COVID-19

This article was published by the IRS. The Treasury Department and the Internal Revenue Service have launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by …

Webinar: Business Resources for Making It Through COVID-19

In case you missed yesterday's webinar, "Business Resources for Making It Through COVID-19," you can watch the recorded version here. Click here to download the PowerPoint slides from the presentation. This webinar was presented by Bruno P.C. on April 2, 2020. The speakers were CPAs Christine Bruno, Amy Rumrill, and Russell Stamm (all of Bruno …

Has Your Small Business Been Impacted by COVID-19? Apply for an Economic Injury Disaster Loan Today.

The following was published by the SBA. Small business owners in all U.S. states, Washington D.C., and territories are currently eligible to apply for a long term low-interest loan due to Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide …

Register Now for Our Important Webinar on Surviving COVID-19

All our clients and friends are invited to a Zoom webinar. When: April 2, 2020 11:00AM Eastern Time (U.S. and Canada) Topic: Business Resources, Making It Through COVID-19 Description: This live presentation will assist business owners in getting through the next few weeks and months during these unprecedented times. We will discuss the following items: …

Economic Impact Payments: What You Need to Know

This article was published by the IRS. Check IRS.gov for the latest information: No action needed by most people at this time. The Treasury Department and the Internal Revenue Service announced Monday that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for …

SBA Disaster Loan Assistance

The Small Business Administration has set up a webpage for disaster loan assistance. Federal disaster loans can be a lifeline for businesses, private nonprofits, homeowners, and renters. Click the graphic below to access the page, then find out if you qualify and can apply.  

Steps to Take to Stay Financially Sound During the Coronavirus Pandemic

"Shark Tank" co-host Barbara Corcoran recently appeared on "Good Morning America" to explain steps we need to take to stay financially sound during these unprecedented times. With the global economy quickly approaching a recession, many people are fearful about losing their homes or ruining their credit. If you're financially smart, don't panic, and pay attention …