Coronavirus Resources & Beyond
SBA Issues PPP Guidance for Partners and Sole Proprietors
On April 14, the Small Business Administration (SBA) released new guidance regarding the Paycheck Protection Program (PPP), a $350 billion program that targets aid to small businesses dealing with losses…
CARES Act FAQ: Retirement Plan Withdrawals
On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus bill includes an allowance for penalty-free early withdrawals from retirement…
Watch Out for Coronavirus-Related Scams
On Thursday, April 2, the Internal Revenue Service (IRS) issued a warning concerning the development of new scams related to the coronavirus, particularly the recovery rebates legislated by the CARES…
CARES Act FAQ: Employee Retention Credit
On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus bill includes a wide range of business tax provisions, including…
CARES Act FAQ: Net Operating Loss & Other Tax Modifications
On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus bill contains a variety of modifications to key business tax…
CARES Act FAQ: Recovery Rebate
On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus bill includes an estimated $300 billion in direct payments to…
CARES Act FAQ: Emergency Economic Injury Grants
On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The historic $2.2 trillion stimulus bill includes $10 billion in funding to provide emergency grants…
CARES Act FAQ: Paycheck Protection Program
On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economics Security (CARES) Act. The historic $2.2 trillion stimulus bill includes a $349 billion paycheck protection program (PPP) that…
CARES Act Summary Coronavirus Relief: Phase Three
As of March 27, 2020, both the United States House and Senate have voted to pass a sweeping $2.2 trillion stimulus package designed to abate the economic damages caused by…
Resources for Small Businesses
Many small businesses are reeling from the impact of the COVID-19 pandemic. De Boer, Baumann & Company is here to help. We have gathered a list of helpful resources for…