Coronavirus Resource Hub

Guidance on the Paycheck Protection Program

April 8, 2020

The US Treasury and US Small Business Administration released frequently asked questions on the Paycheck Protection Program. Lenders started accepting applications from small businesses and…

Read More >

Economic Stimulus Checks: Are You Eligible?

April 7, 2020
stimulus check

Many taxpayers will receive an economic stimulus check as part of the CARES Act, the federal government’s $2 trillion coronavirus relief package. It is intended…

Read More >

Frequently Asked Questions on the Employee Retention Credit

April 6, 2020
employee retention credit

The Coronavirus Aid, Relief, and Economic Security (CARES) Act includes an employee retention credit for employers and nonprofit organizations. Employers can claim a payroll tax…

Read More >

Best Practices When Completing the Paycheck Protection Program Application

April 3, 2020
paycheck protection program

Buchbinder has reviewed the information provided by the Treasury, and below are our recommendations of how the Paycheck Protection Program (PPP) application is to be…

Read More >

IRS Warns Taxpayers of Coronavirus Scams

April 3, 2020
coronavirus scam

The Internal Revenue Service issued an important warning to taxpayers regarding attempted scams. IR-2020-64 The Internal Revenue Service urged taxpayers to be on the lookout…

Read More >

The CARES Act: Relief for Nonprofits

April 2, 2020
cares act nonprofits

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, a $2 trillion economic recovery package, is designed to help every aspect of the US economy, including…

Read More >

Coronavirus Relief Programs for Maryland Small Businesses

April 1, 2020
maryland accountants

Small businesses across Maryland are facing significant hardships because of the Coronavirus. Maryland is providing $130 million in loan and grant funds for Maryland-based businesses…

Read More >

State Income Tax Deadlines

April 1, 2020

In addition to the IRS extending the federal tax filing deadline due to the Coronavirus pandemic, all states are extending their state income tax deadlines…

Read More >

Guidance on the Families First Coronavirus Response Act

March 31, 2020
covid-19

The Department of Labor released new guidance on the Families First Coronavirus Response Act, which was signed into law on March 18, 2020 and goes…

Read More >

Paycheck Protection Program: FAQs for Small Businesses

March 30, 2020
paycheck protection program

The Paycheck Protection Program, from the US Small Business Association (SBA), offers 100% federally guaranteed loans to small businesses as an incentive to keep their…

Read More >