by Jennifer Frank | Jul 1, 2020 | Local Government, Tax, Tribal Audit & Assurance
The CARES Act established the Coronavirus Relief Fund which is to be used to make payments to States, local and tribal governments and US territories. There have been a lot of questions about what governments can spend these funds on. Per section 5001 of the CARES...
by HintonBurdick | Jun 1, 2020 | News
As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law March 27, many small business owners were able to apply for – and receive – a loan of up to $10 million under the Paycheck Protection Program (PPP). If the loan...
by Kris Braunberger | May 1, 2020 | Advisory, Bookkeeping Services, Construction, Controller Services, Executive Advisory, Family Office, Healthcare, Hospitality, Local Government, Non-Profit Organizations, Payroll Services, Professional Services, Tax
Amid the COVID-19 crisis, the United States government authorized the issuance of 349 billion dollars in available loans to small businesses, called the Paycheck Protection Program. This program provides small businesses with the opportunity to take out a loan, which...
by HintonBurdick | Apr 1, 2020 | News
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, often referred to as the stimulus bill, was signed into law on March 27, 2020, and contains legislation to stabilize the economy during the coronavirus pandemic. These measures include economic recovery...