INFORMATION REGARDING THE IMPACTS OF COVID-19

Copeland Buhl Operations: We are currently serving our clients through a virtual work environment, however our office is open for drop off and pick up of documents. Copeland Buhl adheres to  COVID-19 hygiene protocols, including 6 foot social distancing, frequent and thorough hand washing, and no entry to the office for anyone having symptoms of illness. The wearing of a mask is suggested.

MN Small Business Relief Grants – Applications Accepted Starting June 23, 2020

MN Small Business Relief Grants – Applications Accepted Starting June 23rd

New Law: Paycheck Protection Program Flexibility Act

https://www.copelandbuhl.com/new-law-paycheck-protection-program-flexibility-act/

 

SBA releases Paycheck Protection Program Loan Forgiveness Application

SBA Issues the Paycheck Protection Plan Loan Forgiveness Application

Newly Released SBA Guidelines on Review of PPP Good-Faith Certifications

Newly Released SBA Guidelines on Review of PPP Good-Faith Certifications

No Deduction for PPP Payments to the Extent that the Loan is Forgiven

No Deduction for PPP Payments to the Extent that the Loan is Forgiven

Hennepin County Small Business Relief Program-Due Date to Apply is May 8, 2020

Hennepin County Small Business Relief Program

Deferral of Employer Social Security Tax Payments

Deferral of Employer Social Security Tax Payments

Layoffs and Furloughs: Best Practices and Compliance Considerations by Sarah Fowles, JD (4/10/2020):

This interesting article was posted on the Associated Benefits and Risk Consulting blog. It was written by Sarah Fowles, a Compliance and Workplace Consultant with Associated Benefits and Risk Consulting:

https://www.associatedbrc.com/Resources/Resource-Library/Resource-Library-Article/ArtMid/666/ArticleID/942

6 Technology Tips to Reduce the Impact of COVID-19 on Your Business (4/10/2020):

6 Technology Tips to Reduce the Impact of COVID-19 on Your Business

Emergency Funding – Payroll Protection Plan (4/3/2020): 

Emergency Funding to Offset Coronavirus Impacts on Your Business

 

CARES Act Retirement Account Changes (4/2/2020): 

CARES Act Retirement Account Changes

 

CARES Act – Employee Retention Credit (3/31/2020): 

https://www.copelandbuhl.com/cares-act-employee-retention-credit/

 

Individual COVID-19 Stimulus Rebate Payment (3/30/2020): 

https://www.copelandbuhl.com/individual-covid-19-stimulus-rebate-payment/

 

New Department of Labor Posting Required for Employers (3/26/2020)

https://www.copelandbuhl.com/new-department-of-labor-posting-required-for-employers/

 

Families First Coronavirus Response Act (Updated 4/1/2020)

Families First Coronavirus Response Act – Updated 4/1/2020

 

IRS Issues Guidance on Tax Deadlines and Payments (3/23/2020)

https://www.copelandbuhl.com/3-21-2020-irs-issues-guidance-on-tax-deadlines-and-payments/

 

Federal SBA Disaster Loans (COVID-19)

These low interest rate loans up to $2 million can offer much needed liquidity and operating capital to small businesses. https://mn.gov/deed/business/financing-business/federal-sba/

 

MN Small Business Emergency Loans
These interest free loans range from $2,500 to $35,000, with 5 year repayment periods. 
MN Unemployment