Articles
CARES Act – Provider Relief Fund
The U.S. Department of Health & Human Services (HHS) expects to distribute $15 billion to eligible providers through the CARES Act Provider Relief Fund (PRF).
Grantmaking in a Remote Environment – Risk Mitigation
The COVID-19 pandemic has necessitated one of the most pervasive adjustments that a business has to face: operating in a remote environment.
Cyber Roundup – August 2020
As you can see, cybercrimes go on ‒ pandemic or no pandemic. It’s way too early to start opining on what the historical, economic, cultural and social effects it will have on our lives.
Deadline to Rollover 2020 Required Mandatory Distributions Is Quickly Approaching
Not only has the Corona Aid, Relief, and Economic Security (CARES) Act passed last March injected trillions of dollars into the economy via the Paycheck Protection Program and the economic stimulus payments, it has also made an important, and very beneficial, change to the required mandatory distribution (RMD) law in 2020 for IRAs and defined contribution plans. In June, IRS Notice 2020-51 clarified some open issues.
Final FDII Regulations Released: Is This a Deduction You Can Use?
The Treasury recently released final regulations regarding the application of the deduction for foreign derived intangible income (FDII).
Direct-to-Consumer – the Fastest Growing Segment in Retail
Direct-to-consumer (DTC) brands have flourished in recent years. Many companies, including both well established and insurgent brands, are choosing to bypass intermediary channels and take their product directly to the customer.
President Issues Four Executive Orders
Today, President Trump signed four executive orders aimed at extending COVID-19 relief provisions as lawmakers continue to be unable to reach an agreement.
Employees Telecommuting Due to COVID-19 Create Potential NYC Unincorporated Business Tax Savings Opportunity
New York City (NYC) imposes unique taxes that often surprise NYC business owners. These include the Commercial Rent Tax and Real Property Transfer Tax.
FEMA Funding for Costs of Emergency Protective Measures for COVID-19
Under emergency declarations, FEMA’s Public Assistance program is available to reimburse certain Private Non-Profit (PNP) Organizations for eligible emergency protective measures carried out under the direction or guidance of public health officials.
Additional Loan Forgiveness FAQs: Some Re-Hashed, Some New Nuggets, More Needed
The U.S. Small Business Administration (SBA) released a series of Frequently Asked Questions (FAQs) on loan forgiveness. Issued on August 4, 2020, there are 23 FAQs in all, broken down into four sections.
RESTORE RI Small Business Grants
Rhode Island has targeted help for its small businesses that have been impacted by the COVID-19 pandemic.
Localities Set Up Recovery Loan and Grant Programs
In addition to the various federal and state loan programs that were created in response to the COVID-19 pandemic, some local jurisdictions have established their own loan and grant programs.