03.30.2021President Biden Signs the “COVID-19 Bankruptcy Relief Extension Act” On March 27, 2021, President Biden signed the “COVID-19 Bankruptcy Relief Extension Act”. The Legislation will extend personal and small business bankruptcy relief provisions that were part of last year’s CARES Act through March 27, 2022.
04.24.2020COVID-19 Payroll Protection Update: SBA Adds Liquidity Requirement to QualifyAnnouncement – The Treasury Department updated its FAQS regarding the economic uncertainty and need certification to be made by PPP applicants/borrowers, requiring that borrowers take into account their current business activity and their ability to access other sources of liquidity sufficient to support their ongoing operations.
04.09.2020COVID-19 Update: CARES Act Tax Implications for IndividualsMany may be wondering about some of the recent tax changes meant to help everyone coping with the economic fallout from the COVID-19 pandemic. This article delves into the important tax-related provisions for individuals in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress’s unprecedented economic stimulus package that the President signed into law on March 27, 2020.
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