INFORMATION REGARDING THE IMPACTS OF COVID-19
Copeland Buhl Operations: We are currently serving our clients through a mostly virtual work environment, however our office is open for drop off and pick up of documents and client meetings are happening via appointment only. 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 required in our offices.
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
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/