The Coronavirus Aid, Relief and Economic Security Act or the CARES Act, provides significant relief, including federally-backed loans available to small businesses, 501(c)(3) non-profits, veterans organizations and certain Tribal business concerns to help these businesses keep employees on the payroll and cover operating costs such as rent and utilities that may be forgivable upon certain conditions.
In this webinar, Harter Secrest & Emery Corporate attorneys, Thomas R. Anderson and Emily R.L. Cohen joined DeJoy Knauf & Blood CPAs Mark Blood and Corey Dennis to discuss the options available to businesses including:
- Paycheck Protection loans and related loan forgiveness
- Economic Injury Disaster Loans made available through the Small Business Act
- Employee Retention Credit
- Delay of Payment of Employer Payroll Taxes
*Recommended guidance in response to a number of the questions asked in this document has changed since publication. We recommend you reach out to your attorney to confirm you are following the proper guidance.