Our number one priority is the health and safety of our people, families, clients, and communities. While these are unprecedented times, BeachFleischman is committed to helping you navigate through these difficult times. We have developed a series of COVID-19 resources and updates to keep you informed of the changes that may impact you and your business.
This page will be updated regularly with COVID-19 developments. Last updated: 07/13/2020
If you need money due to COVID-19, you may be able to take a tax-free “coronavirus-related distribution” from a retirement plan. The IRS has released guidance explaining who qualifies for one of these distributions.
On June 10, 2020, the Small Business Administration (SBA) issued an updated interim final rule for the Paycheck Protection Program (PPP) in response to the PPP Flexibility Act passed on June 5, 2020. The updated guidance accounts for revisions made to the covered period, usage of funds changes, extended safe harbors, and more. Here is[ … ]