MCM

Additional information on CARES tax relief from the IRS.

Many businesses affected by COVID-19 qualify for tax relief. Business owners can take advantage of the:
• Credits for paid sick and family leave
• Employee Retention Credit
• Deferral of employment tax deposits and payments through Dec. 31, 2020

To learn more about these credits and if you qualify to claim them, click here: https://go.usa.gov/xwZye

Congress has amended the CARES bill to include an additional $310 billion in PPP funding. Please reach out if you’re having trouble securing a loan. We have several clients who have received approvals.

Ready. Set. Go. Small Businesses And The Race For Round 2 PPP Funds Senate Republicans and Democrats reached a deal on Tuesday to approve a bill that provides an additional $484 billion of coronavirus-relief funding, including an additional $310 billion for the government-backed Paycheck Protection Program (“PPP”).