As the coronavirus (COVID-19) crisis evolves, we continue to monitor guidance from federal and state governments, as well as industry organizations, in order to bring you relevant information to assist your business planning/response. We will update this page as new information becomes available.
UPDATED
The attached link provides a nice summary of the guidance issued on Friday August 28th, 2020 related to the deferral of employee payroll tax withholdings. If you have any questions, feel free to reach out to Matt Folz or Becky Brinkman at 812-464-9161.
To view our Medical Billing Coronavirus newsletters, please click here.
To view our newsletters, please click on the name of the newsletter below.
HSC Coronavirus Communication – Edition #38
HSC Coronavirus Communication – Edition #37
HSC Coronavirus Communication – Edition #36
HSC Coronavirus Communication – Edition #35
HSC Coronavirus Communication – Edition #34
HSC Coronavirus Communication – Edition #33
HSC Coronavirus Communication – Edition #32
HSC Coronavirus Communication – Edition #31
HSC Coronavirus Communication – Edition #30
HSC Coronavirus Communication – Edition #29
HSC Coronavirus Communication – Edition #28
HSC Coronavirus Communication – Edition #27
HSC Coronavirus Communication – Edition #26
HSC Coronavirus Communication – Edition #25
HSC Coronavirus Communication – Edition #24
HSC Coronavirus Communication – Edition #23
HSC Coronavirus Communication – Edition #22
HSC Coronavirus Communication – Edition #21
HSC Coronavirus Communication – Edition #20
HSC Coronavirus Communication – Edition # 19
HSC Coronavirus Communication – Edition #18
HSC Coronavirus Communication – Edition #17
HSC Coronavirus Communication – Edition #16
HSC Coronavirus Communication – Edition #15
HSC Coronavirus Communication – Edition #14
HSC Cononavirus Communication – Edition #13
HSC Coronavirus Communication – Edition #12
HSC Coronavirus Communication – Edition #11
HSC Coronavirus Communication – Edition #10
HSC Coronavirus Communication – Edition #9
HSC Coronavirus Communication – Edition #8
HSC Coronavirus Communication – Edition #7
HSC Coronavirus Communication – Edition #6
HSC Coronavirus Communication – Edition #5
HSC Coronavirus Communication – Edition #4
HSC Coronavirus Communication – Edition #3
HSC Coronavirus Communication – Edition #2
HSC Coronavirus Communication – Edition #1
Thank you so much for this article. The Rug Merchant is so blessed to work with an accounting firm that has been so proactive and helpful to our (and I’m sure MANY other) small business in this time of uncertainty. The unknown can make a small business owner almost paralyzed with fear. With Harding Shymanski’s constant newsletters, not only about what you know for sure, but also what you don’t know, it gives us comfort that you are looking out for our interests and viewing the very fluid language of the CARES act from our eyes, as well as yours.
Knowledge is power and Harding Shymanski has been so helpful in navigating this crazy situation!
Terry and Lynne Lewis, Owners
The Rug Merchant
SBA and Treasury Announce PPP Re-Opening; Issue New Guidance
Employee Retention Credit (ERC) and Paycheck Protection Program (PPP) Flowcharts
A Business Guide to the December Federal Coronavirus Relief Package
FW HSC Coronavirus Communication Edition #30
IRS Issues Additional PPP Deductibility Guidance with Safe Harbor
IRS Issues Additional PPP Deductibility Guidance with Safe Harbor
FASB Publishes Year Delay on Revenue, Lease Accounting Standards
SBA Releases New Guidance on the Topic of FAQ31 with FAQ46 – UPDATED
SBA Allows Increased PPP Loans to Partnerships, Extends Safe Harbor to May 18, 2020
“Nontaxable” PPP Loan Forgiveness Will Essentially Be Taxable
Ten Things We Need To Know About Paycheck Protection Program Loan Forgiveness
SBA Stops Accepting PPP Loan Applications – Funding Runs Out
Webinar – Paycheck Protection Program Loans – Act II Maximizing Forgiveness |Maintaining Compliance
IRS Provides Filing Relief for Form 5500 Filings Due Before July 15, 2020
FASB to Defer ASC 606 for Private Franchisors and ASC 842 for Certain Entities
HHS to Begin Immediate Delivery of Initial $30 Billion of CARES Act Provider Relief Funding
Our Latest Understanding of PPP Loan Program (SBA Forgivable Loan)
Kentucky Enacts Law to Mirror Federal Tax Filing and Payment Requirements
https://www.hsccpa.com/part-time-vs-full-time-unemployment-frequently-asked-question/
Employee Retention Tax Credit for Employers Subject to Closure Due to COVID-19
Virtual National Small Business Town Hall Hosted by Inc. with the U.S. Chamber of Commerce.
Employee Retention Tax Credit for Employers Subject to Closure Due to COVID-19
Delay in Payment of Required Contributions to Single-Employer Pension Plans
Kentucky Extensions of Tax and Fee Deadlines by Jurisdiction
CARES Act Passes Senate – Tentative SBA Loan Program Changes
How Does the IRS Tax Return Filing and Payment Delay Impact Exempt Organizations?
IRS is Giving You a Free 3 Month Loan in Order to Keep More Cash in the Economy
Coronavirus Relief Law Webinar – Preparing for New Paid Leave and FMLA Rules
https://hsccpa.video/project/10-tips-for-managing-a-remote-workforce/
High Deductible Health Plans Can Cover Medical Costs for Coronavirus