The COVID-19-related stimulus package (CARES Act) has created many relief programs to support businesses during this pandemic. It has also resulted in many questions for businesses to address, and each can impact a business differently.
K·Coe Isom’s advisors have been following the latest updates and guidance and providing expert recommendations on disaster relief programs, and helping businesses with Paycheck Protection Program (PPP) applicability and guidance. If your business is struggling to keep up with the new PPP Loan Forgiveness requirements, or does not have adequate resources to implement best practices for your business and employees, K·Coe can provide these services:
- PPP Loan Forgiveness application instruction
- Payroll calculations
- Expense tracking
- Assistance with forgiveness reporting
If you have questions regarding the applicability of any relief programs for your business, or would like help with loan forgiveness tracking, reporting or calculations, please click the button below to enter your information.
Recent COVID-19 Insights
Reading Time: 2 minutes On August 11, 2020, the U.S. Department of Agriculture (USDA) extended and expanded the Coronavirus Food Assistance Program (CFAP) intended to aid farmers and ranchers suffering from negative effects of the COVID-19 pandemic. High-level Takeaways for Producers: Final payments granted: The Farm Service Agency (FSA) will automatically issue the remaining …
Reading Time: < 1 minute View the update from August 31, 2020 here. On August 8, the President signed an executive order directing the Department of Treasury to defer withholding, deposit, and payment of employees’ social security taxes beginning September 1 through the end of 2020. Employers and Employees Should Wait for More Guidance Following …
Reading Time: 3 minutes In response to questions and requests for clarification surrounding Paycheck Payment Program (PPP) Loan Forgiveness, the Small Business Administration (SBA) released ten pages of Frequently Asked Questions (FAQs) on August 4, 2020. Below, K·Coe advisors have provided a summary of key takeaways for businesses relating to FAQs around Payroll Costs …