Banner Image

COVID-19 and Retirement Plans: How the CARES Act Affects Your Retirement Plan

Posted by Sweeney Conrad on May 5, 2020 3:50:20 PM

The Coronavirus Aid, Relief, and Economic Security (CARES) Act that was signed into law in late March is a massive piece of legislation that’s more than 880 pages long and carries a price tag of at least $2 trillion.

Read More

Topics: Audit & Assurance, COVID-19

The Paycheck Protection Program and Health Care Enhancement Act

Posted by Sweeney Conrad on Apr 24, 2020 5:37:49 PM

On April 24, the President signed the Paycheck Protection Program and Health Care Enhancement Act, providing $310 billion in additional funding for the Paycheck Protection Program (PPP), $10 billion for the Economic Injury Disaster Loan program (EIDL), as well as funding for other critical healthcare needs.

Read More

Topics: Tax, News, COVID-19

The SBA Provides Additional Guidance on the Paycheck Protection Program

Posted by Sweeney Conrad on Apr 15, 2020 6:26:08 PM

The Paycheck Protection Program (PPP) was created as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide cash to businesses impacted by the COVID-19 pandemic. These funds can be used to pay employees, along with other expenses such as health insurance premiums, rent or mortgage payments, and utilities. Loans under the PPP will be 100% guaranteed by U.S. Small Business Administration (SBA), and the full amount of the loans and any accrued interest may qualify for loan forgiveness.

Read More

Topics: Tax, News, COVID-19

Answers to 14 of the Most Commonly Asked Filing and Payment Deadline Questions

Posted by Sweeney Conrad, PS on Apr 7, 2020 8:04:00 PM

The IRS recently announced special Federal income tax return filing and payment relief in response to the COVID-19 pandemic. According to the IRS, these are some of the most common questions taxpayers are asking in regards to these recent changes.*

Read More

Topics: Tax, News, COVID-19

Beware of Stimulus Payment Scams

Posted by Sweeney Conrad on Mar 31, 2020 6:03:19 PM

The recently released CARES Act stimulus package will be providing relief for individuals and small businesses, in light of the COVID-19 pandemic. However, individuals and businesses should be aware of an increased number of scams targeting them related to the package.

Read More

Topics: COVID-19

Highlights from the Stimulus Package – CARES Act

Posted by Emily Taibl on Mar 27, 2020 8:42:36 PM

March 27, 2020

Read More

Topics: Tax, News, COVID-19

Families First Coronavirus Response Act- What Employers Need to Know

Posted by Emily Taibl on Mar 25, 2020 7:58:33 PM

Last week, President Trump signed the Families First Coronavirus Response Act, to provide relief for families amidst the global COVID-19 outbreak. The Act will be effective on April 2nd and as an employer, there are things you should consider for business planning and compliance in this evolving situation.

Read More

Topics: Tax, COVID-19

Learn more about the services Sweeney Conrad offers