Crucial legislation has been passed to assist self-employed individuals, non-profits and small businesses. The Coronavirus Aid, Relief and Economic Security (CARES) Act, a $2.2 trillion stimulus package, provides funding for unemployment benefits which include the self-employed (if you qualify), also SBA loans, and other resources.
In case you missed the Webinar hosted by the BDO USA, LLP on Monday, March 30th, we have provided a link below to view the slide presentation. It identifies key elements of the CARES Act and informs of tax implications that require immediate attention.
GJC appreciates and values our clients. We are here to assist you as we continue to navigate these unprecedented times together. We have valuable resources available to help you as you make strategic decisions that will impact your organization, both immediately and long-term. We are helping organizations with:
- Determining which aspect of the CARES Act Aid Package best suits the organization’s needs and circumstances,
- Assisting organizations with gathering of information and document completion,
- Assisting organizations with aligning with financial institutions for the PPP Loan program
If you have any questions regarding the Webinar or would like us to assist you with your strategy, please contact us today.