COVID-19 Updates

COVID-19 Updates2020-03-28T12:50:42-05:00

CARES Act – What Business Owners Need To Know

On Friday March 27th, Congress passed the “Coronavirus Aid, Relief and Economic Security Act” dubbed the CARES Act. The roughly $2.2 trillion stimulus package provides widespread emergency assistance to individuals, families, small businesses and corporations affected by the current pandemic. For business owners, the bill provides emergency benefits to help [...]

March 28th, 2020|Categories: Covid-19 Resources|

CARES Act – What Individuals And Families Need To Know

On Friday March 27th, Congress passed the “Coronavirus Aid, Relief and Economic Security Act” dubbed the CARES Act. The $2.2 trillion stimulus package provides widespread emergency assistance to individuals, families, small businesses and corporations affected by the current pandemic. For individuals and families, the most important provisions of the legislation [...]

March 27th, 2020|Categories: Covid-19 Resources|

Minnesota DEED – Small Business Emergency Loans

On Monday March 23, Governor Tim Walz issued an emergency executive order to provide immediate relief to small businesses through the Minnesota Department of Employment and Economic Development (DEED) that have been directly and adversely affected by the peacetime emergency orders a week ago.  This forced restaurants, bars, fitness centers, [...]

March 26th, 2020|Categories: Covid-19 Resources|

Minnesota Sales Tax Payment Extension

In line with the state’s continued response to COVID-19, the Minnesota Department of Revenue is granting a 30-day Sales and Use Tax grace period for businesses identified in Executive Order 20-04. During this time the department will not assess penalties or interest. Identified businesses with a monthly Sales and Use Tax payment [...]

March 24th, 2020|Categories: Covid-19 Resources|

Families First Coronavirus Response Act

Congress has passed, and President Trump has signed, the Families First Coronavirus Response Act on March 18th, 2020. Among other things, the Act requires certain employers with fewer than 500 employees to provide paid leave benefits to employees affected by the coronavirus outbreak.   There will be exceptions in certain situations [...]

March 24th, 2020|Categories: Covid-19 Resources|

2019 Tax Filing and Payment Deadline Delayed

THE  FEDERAL AND MINNESOTA INCOME TAX DEADLINE TO FILE AND PAY HAS BEEN DELAYED UNTIL JULY 15TH, 2020. Some things you should know: Federal 1st Quarter 2020 estimates are not due until 07/15/2020. Minnesota 1st Quarter 2020 estimates are still due on 04/15/2020. If we have already filed your 2019 [...]

March 23rd, 2020|Categories: Covid-19 Resources|Tags: , , , , |

Detailed CARES Act Reference Guides

Business Owners