Articles
Not-for-Profit Loan Assistance Under the CARES Act
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) (the Act) includes provisions that provide loan funds to businesses, including not-for-profits (NFPs), to assist them with urgent and immediate financial needs caused by the pandemic.
The CARES Act – Relief for Nonprofit Organizations
On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a $2.2 trillion economic stimulus package legislated to provide immediate relief for nonprofits, businesses, individuals and state and local governments in response to the COVID-19 pandemic.
GFOA’s CARES Act Economic Relief Plan Summary
Dear Municipal Clients: In the event you have not already seen the GFOA’s CARES Act Economic Relief Plan Summary, we are […]
States Continue to Update Guidance on Income, Sales and Other Tax Deadline Extensions
This article is part of a continuing series updating our clients regarding the effects on tax filings due to COVID-19.
How to Conserve Cash and Create Liquidity in Light of COVID-19
In the short time the coronavirus has spanned the globe, cash has become the coveted asset of choice.
Deadlines Extended for 403(b) Plans and Pre-Approved Defined Benefit Plans
This Alert provides recently-issued information issue by the IRS which effects and extends the timing of when retirement plan documents need to adopted.
CARES Act includes Payroll Tax Deferral and Employee Retention Credit
This article addresses the payroll tax provisions, specifically the payroll tax deferral and the employee retention credits.
Managing Through COVID-19 — Best Practices for Enterprising Families
The COVID-19 pandemic has turned everyone’s world upside down. Our families, our businesses, our wealth, life as we knew it has changed.
COVID-19 Update – Excerpt from Notice 2020-18 — Relating to IRAs, Work-based Retirement Plans, Health Savings Accounts (HSAs) and Archer Medical Savings Accounts (MSAs)
By Louis F. LiBrandi, EA, CEBS, ChFC, TGPC, Principal This Alert includes recently-issued information in Notice 2020-18, which the IRS developed […]
CARES Act ‒ Finally Some Relief to the Hospitality Industry
The reduction of revenues or lack thereof has caused enormous strain on the owners of hotels, restaurants, and catering facilities.
Loan Financing Alternatives and Structuring Considerations in Light of COVID-19
In light of the pandemic, there are borrowing alternatives and loan structuring considerations to improve your organization’s financial position.
President Signs CARES Act
On Friday, March 27, 2020, the President signed H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or Act).