We’ve created resources on the impact of COVID-19 on organizations and individuals and what you need to know moving forward.


Have Questions About the Business or Individual Financial Impacts of Covid-19?
We know this is a confusing and complex time. We're here to help.


Relief Initiatives

Get help with relief provisions.

March 31, 2020
Article
The Small Business Administration (SBA) has launched a large loan and relief effort in light of COVID-19. The following highlights some of the benefits available to small businesses.
March 31, 2020
Article
The Coronavirus Aid, Relief and Economic Security Act (CARES) was signed into law by the President on March 27, 2020. This comes after moving through various objections to passage in both the Senate and the House of Representatives, creating …
March 18, 2020
Article
The House of Representatives recently passed The Families First Coronavirus Response Act. This act could drastically impact those affected by COVID-19 and their employers.
April 3, 2020
Recorded Webinar
Relief provisions are in play for organizations and individuals alike in response to the COVID-19 pandemic. But there is still a lot of confusion around what exactly these relief provisions mean and what type of relief organizations should apply …
April 3, 2020
Article
Among the many tax provisions included in the Coronavirus Aid, Relief and Economic Security Act (CARES), crafted to provide liquidity for businesses suffering the effects of the COVID-19 outbreak, is one that postpones the employer portion of …

Business Implications: Compliance

March 20, 2020
Article
Just six weeks ago, the economic picture was bright. Now, as the coronavirus (COVID-19) pandemic continues to spread throughout the world, the economic damage is mounting. The long-term economic and business consequences of COVID-19 remain …
March 30, 2020
Article
The impact of COVID-19 is being felt in seemingly otherwise normal business circumstances. One area being disrupted for several organizations is their annual audit.
March 17, 2020
Article
As many of us transition to our new “normal” under COVID-19, it’s important to stay informed on ways this new strand of coronavirus is impacting both organizations and individuals alike. Below we’ve compiled some of the most frequently asked …

Business Implications: Financial Disruption and Sustainability

March 24, 2020
Article
In these volatile times, anxiety is everywhere. We are all feeling the impact of the coronavirus pandemic. Owners of small to medium sized businesses are worried about the future of their business and if they will be able to survive, or could they …
March 30, 2020
Article
Now more than ever, it’s vitally important to understand your financial condition and how future decisions will affect growth, profitability and—most importantly—cash flow.
March 31, 2020
Article
Many businesses in the United States and throughout the world are feeling the effect of the coronavirus (COVID-19). Among the impacts of COVID-19 is potential loss of business income due to closings and additional business disruptions.
March 19, 2020
Article
As COVID-19 continues to disrupt daily life for businesses, it highlights just how critical a business continuity plan is for your overall strategy. Here are some tips on creating one.

Business Implications: Workforce Protection

March 31, 2020
Article
The Small Business Administration (SBA) has launched a large loan and relief effort in light of COVID-19. The following highlights some of the benefits available to small businesses.
March 31, 2020
Article
The Coronavirus Aid, Relief and Economic Security Act (CARES) was signed into law by the President on March 27, 2020. This comes after moving through various objections to passage in both the Senate and the House of Representatives, creating …
March 18, 2020
Article
The House of Representatives recently passed The Families First Coronavirus Response Act. This act could drastically impact those affected by COVID-19 and their employers.
April 1, 2020
Article
On March 13, 2020, President Trump issued an emergency declaration under the Stafford Act in response to the ongoing Coronavirus Disease 2019 (COVID-19) pandemic. While there are varying interpretations, this declaration appears to meet the …
April 3, 2020
Recorded Webinar
Relief provisions are in play for organizations and individuals alike in response to the COVID-19 pandemic. But there is still a lot of confusion around what exactly these relief provisions mean and what type of relief organizations should apply …

Business Implications: Remote Work Considerations

March 13, 2020
Article
As COVID-19 continues its spread around the world, impacting global economies and stock markets, cybercriminals are starting to use the situation to their advantage. Read on for our team's email safety, cybersecurity, and remote environment tips so …
March 19, 2020
Article
As the coronavirus pandemic impacts the way we do business, many organizations are making plans to address the safety and security of both their employees and their customers. One of these methods is through remote working arrangements.

Personal Implications

March 31, 2020
Article
The Coronavirus Aid, Relief and Economic Security Act (CARES) was signed into law by the President on March 27, 2020. This comes after moving through various objections to passage in both the Senate and the House of Representatives, creating …
March 24, 2020
Article
In these volatile times, anxiety is everywhere. Organizations and individuals alike are feeling the impact of the coronavirus pandemic.
March 23, 2020
Article
Notice 2020-18, released by the IRS on March 20, 2020, follows up on Treasury Secretary Steven Mnuchin’s Twitter announcement that the IRS is postponing the April 15 deadline for filing federal income tax returns until July 15, 2020.
March 17, 2020
Article
As many of us transition to our new “normal” under COVID-19, it’s important to stay informed on ways this new strand of coronavirus is impacting both organizations and individuals alike. Below we’ve compiled some of the most frequently asked …
April 1, 2020
Article
On March 13, 2020, President Trump issued an emergency declaration under the Stafford Act in response to the ongoing Coronavirus Disease 2019 (COVID-19) pandemic. While there are varying interpretations, this declaration appears to meet the …

Healthcare

March 16, 2020
Article
Coronavirus (COVID-19) is on the top of many people’s minds, and news feeds. While most are concerned about the disease and it’s symptoms, there is also a significant impact to business. For medical practices and health systems in particular, …

Nonprofit

March 25, 2020
Article
Many nonprofit organizations are finding themselves sifting through daily updates on the evolving coronavirus pandemic and wondering—does this apply to me?
March 24, 2020
Article
The impact of COVID-19 has altered the operating procedures and systems of organizations to entities struggling to provide needed services in a remote working environment. Among the myriad of challenges impacting those receiving federal funds is how …
April 3, 2020
Article
Nonprofits can benefit from the recent stimulus package passed by Congress. Here are answers to some of the more common question about these relief programs.

Government

March 27, 2020
Article
The Governmental Accounting Standards Board (GASB) began a project to tentatively delay current and pending standards by up to one year, subject to due process. An exposure draft is slated for release within the next few weeks with a short comment …
March 24, 2020
Article
The impact of COVID-19 has altered the operating procedures and systems of organizations to entities struggling to provide needed services in a remote working environment. Among the myriad of challenges impacting those receiving federal funds is how …

Higher Education

March 24, 2020
Article
The impact of COVID-19 has altered the operating procedures and systems of organizations to entities struggling to provide needed services in a remote working environment. Among the myriad of challenges impacting those receiving federal funds is how …
March 16, 2020
Article
What you need to know about complying with Title IV, Higher Education Act policies for students whose activities are impacted by COVID-19.
March 25, 2020
Article
Many nonprofit organizations are finding themselves sifting through daily updates on the evolving coronavirus pandemic and wondering—does this apply to me?

Financial Institutions

March 26, 2020
Article
Loan modification for customers is likely to happen as the impact of COVID-19 expands. Here's what regulators say about how to handle it.
March 18, 2020
Blog
Banking agencies encourage community lending and in turn relax capital buffer requirements that will also allow needed distributions.

Have Questions About the Business or Individual Financial Impacts of Covid-19?
We know this is a confusing and complex time. We're here to help.

We continue to provide timely updates on COVID-19 related items on our Timely Tax Updates blog.