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COVID-19 Pandemic Articles

The CARES Act Benefits for Businesses

The CARES Act Benefits for Businesses

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed by President Trump on March 27th, offers several relief options for struggling businesses during the COVID-19 pandemic. Some options preclude the ability to participate in other options, so reviewing everything available and...
4 minutes read
The CARES Act Benefits for Individuals

The CARES Act Benefits for Individuals

The recent pandemic has resulted in a flurry of legislation, much of it with wide-ranging impacts for individual Americans and businesses. The result is an 880-page Act that gives Americans significant benefits and exemptions to help navigate the crisis, known as The Coronavirus Aid, Relief, and Eco...
3 minutes read
When turbulence hits, fly the airplane first

When turbulence hits, fly the airplane first

How do you know when there’s a pilot at a party? Don’t worry – they’ll tell you. Some (ok, most) of our clients may know that I was a pilot in a previous life. A significant part of pilot training revolves around handling emergencies: what actions to take, in what order, and how to make the righ...
1 minute read
The CARES Act Summary

The CARES Act Summary

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed by President Trump on March 27th. The Act is intended to provide wide ranging relief to individuals and businesses impacted by the Covid-19 pandemic. A summary of what it provides for individuals and businesses is out...
2 minutes read
Paycheck Protection Program

Paycheck Protection Program

One of the most significant changes that the CARES Act introduced was the addition of the Paycheck Protection Program (PPP) to the SBA’s existing 7(a) loan program. The Paycheck Protection Program gives small businesses the ability to receive cash in the form of a loan, which can ultimately be forg...
3 minutes read
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