The CARES Act offers relief to many Americans impacted by the Coronavirus pandemic The Coronavirus Aid, Relief, and Economic Security (CARES) Act is a $2 trillion economic relief plan, which includes direct payments to many Americans, expanded unemployment benefits, and additional benefits for individuals and families...

The newly enacted CARES Act provides for forgivable small business loans. The maximum loan amount is 250 percent of average monthly payroll. The amount that qualifies for forgiveness is the amount spent for the following costs during the eight week period after the loan is...

Relief available for small businesses impacted by pandemic shutdowns Small businesses are currently eligible to apply for an Economic Injury Disaster Loan (EIDL) through the Small Business Association (SBA) due to Coronavirus (COVID-19). [Update: get the US Chamber’s Guide to SBA’s Economic Injury Disaster Loans.] These loans...

Business owners may be considering applying for unemployment benefits because of a temporary suspension of business operations due to COVID-19. If you are an owner of a corporation, or you own more than a five percent equitable or debt interest in the corporation, you will not...