COVID-19 Resources
$300 MILLION IN CASH GRANTS TO IDAHO SMALL BUSINESSES
FOR IMMEDIATE RELEASE April 30, 2020 Gov. Little plans to distribute $300 million in cash grants to small businesses as state enters Stage 1 of reopening 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. “No other [...]
How Does The CARES Act Affect Retirement Plans
CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY (CARES) ACT 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 [...]
Families First Coronavirus Response Act (FFCRA or Act)
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 [...]
What To Expect With Your Stimulus Check
Financial Relief for Families Tax Credit - What to Expect with Your Check. (information updated as of April 15, 2020) 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. [...]
Tax Scams – Protect Yourself
Tax Scams— Protect Yourself 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 [...]
Coronavirus (COVID-19) Legislation—Businesses
Coronavirus (COVID-19) Legislation— Businesses 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. Filing and Payment Deadline The April 15, 2020 due date for a [...]