COVID-19 has turned businesses and their anticipated returns upside down. While stimulus programs under the CARES Act, like the Small Business Administration‘s Economic Injury Disaster Loans (EIDLs) and Paycheck Protection Program (PPP), offer assistance to individuals and businesses, shifts in policy guidance and reporting implications have made the use of such funds confusing to say the least.

Coronavirus also interrupted the typical tax season, and the federal government responded by extending deadlines and providing relief through elements of the CARES Act.

Our tax and financial services attorneys are actively advising clients on managing their response to COVID-19. Below, you will find helpful resources to guide you as you move forward. 

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