FOR IMMEDIATE RELEASE
April 30, 2020
Boise, Idaho – Governor Brad Little announced plans today for more than 30,000 Idaho small businesses to receive Idaho Rebound cash grants, a $300 million investment in Idaho’s small business employers.
On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). Among many other provisions, the CARES Act allows participants affected by the2020 coronavirus pandemic to have greater access to retirement funds. The new law loosens the in-service distribution restrictions that apply to many […]
Where do I post this notice? Since most of my workforce is teleworking, where do I electronically “post” this notice?
Each covered employer must post a notice of the Families First Coronavirus Response Act (FFCRA) requirements in a conspicuous place on its premises. An employer may satisfy this requirement by emailing or direct mailing this notice to employees, or posting this […]
The distribution of economic impact payments is expected to begin in the next three weeks and be available throughout the rest of 2020. With so much news circulating, it can be difficult to keep tabs on the latest updates. We also recognize […]
There are many tax scams out there with the purpose of stealing your identity, stealing your money, or filing fraudulent tax returns using your private information. Tax scammers work year-round, not just during tax season, and target virtually everyone. Stay alert to the ways criminals pose as the IRS to trick you out of your money or […]
Recent legislation, such as the Families First Coronavirus Response Act and the Coronavirus, Aid, Relief, and Economic Security (CARES) Act, has provided some financial and tax relief for certain taxpayers. The following is a summary of some of the provisions.
The April 15, 2020 due date for a C corporation federal income […]
The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law on March 27 provides $349 billion in funding for the Small Business Administration (SBA) in an effort to provide assistance and relief to America’s small businesses struggling under the weight of COVID-19. The Act included a paycheck protection provision for […]
Small businesses are now eligible for up to $2 million in Economic Injury Disaster Loans from the Small Business Administration (SBA) after President Trump called for an additional $50 billion in funding to the SBA’s lending program from Congress in response to COVID-19. While the $50 billion has not yet been […]
The U.S. Small Business Administration (SBA) is offering low-interest Federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the coronavirus (COVID-19). Here are some facts about the loans:
• Small business owners in all U.S. states and territories are currently eligible to apply for such […]
Families First Coronavirus Response Act
FFCRA?
The FFCRA is the Families First Coronavirus Response Act and it was established to help employers of small and mid-size businesses and their employees during the COVID-19 outbreak. Employers with over 500 employees are exempt from the FFCRA. President Trump signed the bill March 18th, 2020 and the […]