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Daily Update COVID-19 From the Business Accountants at Wouch Maloney

CARES Act: Business Loan Program, Employee Retention Credit and Individuals

The CARES Act will provide emergency assistance for individuals and businesses affected by the 2020 coronavirus pandemic. Sweta Joshi, CPA, has separated this into three sections: Business Loan Program, Employee Retention Credit and Individuals. We will continue to make updates as information is received.

To learn more about each section of the Act, please click on the image pertaining to your interest below.

CARES ACT: Business Loan Program

To view PDF: Click Here

CARES ACT: Employee Retention Credit

To view PDF: Click Here

CARES ACT: Individuals

To view PDF: Click Here

DISCLAIMER: The WM Daily Update COVID-19, COVID-19 Business Resources and COVID-19 Client News Alerts and other related communications are intended to provide general information on legislative COVID-19 relief measures as of the date of this communication and may reference information from reputable sources. Although our firm has made every reasonable effort to ensure that the information provided is accurate, we make no warranties, expressed or implied, on the information provided. As legislative efforts are still ongoing, we expect that there may be additional guidance and clarification from regulators that may modify some of the provisions in this communication. Some of those modifications may be significant. As such, be aware that this is not a comprehensive analysis of the subject matter covered and is not intended to provide specific recommendations to you or your business with respect to the matters addressed.

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