Biden signed into law the American Rescue Plan Act of 2021 on March 11, 2021. The $1.9 trillion economic relief package is not the first federal legislative relief package aimed at addressing the economic fallout of the COVID-19 pandemic, but it is the first major...
coronavirus
Bipartisan Senators Propose $908 Billion Pandemic Relief Bill. Here’s What’s Included.
A group of 10 centrist lawmakers recently unveiled an approximately $908 billion economic relief plan, which has brought life back into stalled talks centered around pandemic relief packages. A second stimulus check, funding for state and local budgets, as well as...
COVID-19 and Your Retirement Funds – Maximize Savings Where You Can
For retirees, whether long-term, recently retired, or soon-to-be, the pandemic has shined a light on a retirement system that was broken long before "COVID-19" was part of our vocabulary. Thanks to the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed...
The Small Business Loan Program – How it Missed the Mark
Small businesses across the country clamored to apply for loans under the first round of the Paycheck Protection Program (PPP), a $349 billion relief program for small businesses set up by the federal government. That first round of funding ran out in only 13 days but...
Coronavirus Stimulus Checks: What to Expect
As a result of the $2 trillion Coronavirus Aid, Security, and Economic Security (CARES) Act signed into law on March 27, 2020, the government is sending stimulus payments, either by check or direct deposit, to American taxpayers. Many Americans have already started to...
Is Your Business Eligible for a Small Business Loan with the Stimulus Package?
The Federal government is providing unprecedented relief to small businesses affected by the COVID-19 pandemic during this historical and tumultuous time of economic unrest. Below is an overview of the two main loans available to small businesses—the Economic Injury...
Update on CARES Act
Click here for a downloadable PDF version. As many of you know the CARES Act was signed in to law on March 27th, 2020 and this law has many different opportunities for both businesses and individuals. Here are some of the highlights of the new tax act. Personal...