COVID-19 Archives | Financial Relief Programs

Category: COVID-19

BeachFleischman’s operations in relation to the COVID-19 outbreak as well as related tax updates

IRS offers penalty relief for 2019, 2020 tax years

The IRS is providing broad-based penalty relief to most taxpayers who filed certain 2019 and/or 2020 tax returns late due to the COVID-19 pandemic. Find out if you might qualify.

PPP Loan Forgiveness – When is it Recognized?

PPP loans were authorized to assist small businesses adversely affected by the COVID-19 pandemic. With new guidance from the IRS, taxpayers may be able to amend their 2020 tax returns to take advantage of the Revenue Procedures.

Looking for a 2022 safety net for your business? Act on EIDL funding before year end

There’s still time to apply for COVID-19 Economic Injury Disaster Loan (EIDL) funding, but time is running short.

Infrastructure law sunsets Employee Retention Credit early

The sun has set on the valuable Employee Retention Credit. Here’s what happened.

The Infrastructure Investment and Jobs Act includes tax-related provisions you’ll want to know about

Congress has passed the Infrastructure Investment and Jobs Act. Find out what tax-related provisions have been built into the new law.

Potential tax law changes hang over year-end tax planning for individuals

If you’re concerned about your 2021 tax liability, consider these year-end tax planning strategies.

Real Benefits from the Employee Retention Credit in Healthcare

Although the ERC calculations can be meticulous, the potential benefits that practices had seen are worth examining. We have worked with many business owners in the healthcare industry to help calculate and claim this credit. Get the details here.

EIDL program retooled for still-struggling small businesses

Many small businesses are still feeling the pressure of the pandemic. If yours needs a loan, check out the SBA’s newly enhanced COVID-related EIDL program.