The Paycheck Protection Program (“PPP”) was established under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The PPP authorizes up to $349 billion in forgivable loans to small businesses and charitable nonprofit organizations to pay their employees during the COVID-19 crisis.
All businesses and charitable nonprofit organizations, sole proprietorships, self-employed individuals, and independent contractors with ... Read More ›
In an Updated Advisory on Public Disclosure Reporting in Areas Affected by the Coronavirus (COVID-19), the OLMS released the following update on March 25, 2020:
Due to the ongoing disruptions caused by the Coronavirus (COVID-19), the Department of Labor’s Office of Labor-Management Standards (OLMS) updated its March 17, 2020 advisory concerning Title II of the Labor-Management ... Read More ›
Treasury Secretary Steven Mnuchin just announced that the filing deadline has also been moved from April 15th to July 15th for individual and business returns.