Our COVID-19 / coronavirus resource center offers solutions for closely-held businesses as they navigate this crisis. We will continue to update this as the situation evolves. If you have questions you would like answered regarding recent legislation and the effects on your business.
News & Blogs:
- Individual Federal Tax Deadline Extended
- Specific Relief For Restaurant Industry
- 2020 Unemployment Benefits Receive Federal Tax Break
- EIDL Deferment Period Extended
- Senate Passes Its Version of Third Stimulus Bill
- Self-Employed Individuals May Use Gross Income to Calculate Maximum PPP Amount
- Guidance Issued on Employee Retention Credit, PPP
- House Passes Third Stimulus Bill
- PPP Applications Open Exclusively For 2 Weeks For Small Businesses With Less Than 20 Employees
- SBA Releases 1-page Simplified PPP Forgiveness Application
- Specifics on Round 2 PPP Funds
- EIDL application deadline extended
- Exactly What's In The New Stimulus Bill
- Potential Relief for NC Small Businesses Shuttered During Pandemic
- Guidance Issued on Payroll Tax Deferral
- Executive Order Delays Payroll Tax Payments
- Greater Access to Credit for Nonprofits Through Main Street Lending Program
- How To Report Coronavirus Paid Sick Leave, Family Leave
- Relief for Opportunity Zone Investors, New Markets Tax Credit
- PPP Application Deadline Extended To August 8, 2020
- IRS Will Not Extend Federal Tax and Payment Deadlines Again
- New PPP Loan Forgiveness Applications Are Here
- Fed Expands Main Street Lending Program
- PPP Forgiveness Act Passes Both Houses of Congress, Increases Chances For 100% Loan Forgiveness
- Business Interruption Insurance Claims Due To Coronavirus
- Update to the Employee Retention Credit – PPP loans and health insurance to furloughed workers
- SBA Allows Increases in PPP Loans to Partnerships and Seasonal Employers
- NC’s $1.6B Coronavirus Relief Package Includes Help for Small Businesses
- Relief for Individuals and Businesses Whose Tax Residence Affected By Coronavirus Travel Disruptions
- Additional Funding Approved For PPP
- Payroll Tax Deferral Provided By CARES Act
- Main Street Lending Program Will Aid Mid-Sized Companies
- Running List of Extended Federal Tax Deadlines
- Wells Fargo To Resume Lending Through Paycheck Protection Program
- IRS Waives Failure To Deposit Penalties
- Partnerships Can File Amended Returns to Get CARES Act Benefits
- Mecklenburg County, NC Offers Small Business Loans for Coronavirus-Impacted Companies
- Wells Fargo Bows Out of Paycheck Protection Program
- IRS Issues Informal Guidance on Employee Retention Credit
- IRS Postpones Date for Filing Gift, Generation-Skipping Transfer Tax
- Applications for the Paycheck Protection Program Available 4/3/20.
- Paycheck Protection Program Offers Employers Ability To Prevent Layoffs
- What The Stimulus Package Offers Small Businesses
- Senate Bill Recap
- Details of Stimulus Package Emerge as Bill Passes Senate, Moves to House
- SBA Disaster Assistance Loans For Companies Affected by Coronavirus
- High Deductible Health Plans to Cover Coronavirus Testing
- NC, SC now available for the application on SBA site.
- President signs Coronavirus Response Act
- Final Changes to Coronavirus Response Act, Paid Leave
- Tax Filing Deadline Extended To July 15, 2020
- State Tax Deadlines Moved In Response To Coronavirus
Forms & Documents:
- PPP Forgiveness Calculator (UPDATED February 2021)
- PPP Forgiveness Calculator 3508S (UPDATED February 2021)
- PPP Forgiveness v. Aug. 2020
- PPP Loan Forgiveness Application Revised June 16, 2020
- PPP Loan Forgiveness Application Form 3508EZ
- Cash Flow Post PPP Examples
- SBA Loan Forgiveness Calculator
- CARES Act Document Preparation Checklist
- PPP Loan Sample
- CARES Act Small Business Webinar Recap
- BGW CPA COVID-19 Small Business Update 3/24/2020
- Mecklenburg County Stay at Home Order –Frequently Asked Questions
- FMLA Form 2020
Helpful Videos:
Please visit our Youtube Playlist for the full library of our videos containing CARES Act content and other relevant information.