Detailed Answers to Top COVID-19 Questions
I acknowledge that the constantly changing COVID-19 situation has created uncertainty around the world. We are here to support you and your customers during these unprecedented times. We are taking precautionary measures across site to limit the potential spread of the virus and to ensure we maintain our ability to serve and support you. I've provided the resources below to help you manage your small business and stay updated on tax-related changes, as well as materials to advise your customers.
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This law is the fourth and broadest bill in response to the COVID-19 outbreak, with an impact on the economy, public health, state and local governments, individuals, and businesses.
Part of the law focuses on relief funding for eligible businesses with less than 500 employees, and provides them with several ways to apply for government-backed loans to enable business continuity. Here is an overview on each of the available programs; you can relay the information to your customers as well as use it for yourself during these unusual times.
“Cybersecurity in a time of coronavirus" via Accounting Today
"Keeping you informed and prepared amid the coronavirus outbreak" via Journal of Accountancy
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