Some good news for Ohio businesses. To help Ohio’s economy and business community withstand COVID-19’s challenges, which include temporary business closings, stay-at-home orders, and the record number of unemployment assistance, the Ohio Bureau of Workers’ Compensation’s Board of Directors. Read More >>
The COVID-19 shutdowns and stay-at-home orders are especially impacting small businesses. Without the normal influx of customers, businesses are struggling to pay rent, keep their employees and stay afloat. The historic stimulus package not only provides business loans to. Read More >>
Late on April 2nd, the SBA released its playbook for issuance of loans under the Paycheck Protection Program (PPP) on the Federal Register in the form of an “Interim Final Rule.” This means that banks are now authorized to. Read More >>
Under the coronavirus relief package, nearly $350 billion was allocated to the Small Business Paycheck Protection Program to help businesses with 500 or fewer employees with loans of up to $10 million. The loans will be forgiven if businesses. Read More >>
On March 27, 2020, Ohio Governor Mike DeWine signed into law Ohio House Bill 197 (HB 197), which provides emergency relief to Ohioans during the COVID-19 pandemic. This legislation includes several tax provisions for individuals and businesses. To align. Read More >>
After days of negotiations, Congress has passed the third phase of federal relief legislation in response to COVID-19, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This bill will provide $2 trillion in economic aid to individuals. Read More >>
Relief is coming. Following supplemental funding for government agencies and individual-focused legislation, the President is expected to sign Phase III legislation in the CARES Act after it clears the House in response to the COVID-19 crisis. The Act is. Read More >>
The Ohio Bureau of Worker’s Compensation, The Ohio Department of Insurance and The Ohio Department of Labor have issued orders and additional guidance on insurance premiums and FMLA requirements for employers and employees in light of the COVID-19 impact.. Read More >>
In an effort to rush sweeping aid to businesses and workers, lawmakers reached agreement on another relief bill that includes several economic incentives, as well as additional tax relief provisions. The details of the $2 trillion stimulus package are. Read More >>
The Stay at Home Order issued yesterday by Ohio Department of Health Director, Dr. Amy Acton, has identified CPA Firms as essential businesses. With these new governmental directives underway, we want to keep you informed of our plan to. Read More >>
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