INFORMATION REGARDING THE IMPACTS OF COVID-19
Copeland Buhl Operations: We are currently serving our clients through a virtual work environment. Until the Stay at Home Order is lifted by MN Governor Walz, our office is closed to the public. For clients that need to drop off or pick up documents, they should contact their Copeland Buhl representative to make arrangements.
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
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:
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 – 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)
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/