The CARES Act comes with some unexpected benefits for small and large businesses alike. This includes tax credits around paid sick leave, paid family leave, and employee retention as well as the deferral of some…

Alloy Silverstein has provided a post-pandemic reopening checklist to help you begin resuming business in the new normal. Government Ordinances Begin by following government ordinances, only open if your state has been approved to do…

The Small Business Administration and Department of Treasury have posted a new, revised version of the Paycheck Protection Program(PPP) forgiveness application that reflects the changes of the PPP Flexibility Act.  In addition, a new, borrower-friendly…

The SBA’s Economic Injury Disaster Loan has been closed since May 4, 2020, to allow agriculture businesses to apply for relief. On June 15, 2020, the portal has been reopened for eligible applicants to apply…

Former governor of New Jersey, Chris Christie, and his wife, Mary Pat, have initiated the New Jersey 30 Day Fund Program to help small business owners survive the COVID-19 pandemic. The fund’s goal is to…

PPP Changes Coming for Borrowers: What You Need to Know   [Update: President Trump signed the Paycheck Protection Flexibility Act into law as of June 5, 2020.] Last night, the U.S. Senate approved the Paycheck…

The initial loan forgiveness application is now available. It’s now time to build your case to ask for loan forgiveness if your business received a loan from the Small Business Administration (SBA) Payroll Protection Program…

Don’t Mistake Your IRS Economic Impact Payment for Junk Mail. For the past six weeks, the IRS has been distributing Economic Impact Payments (aka stimulus checks) as part of the CARES Act. While many taxpayers…