Check out these resources on COVID-19
The COVID-19 resources below are intended to provide you the information you need to make more informed decisions—but you don’t have to go it alone. Your CDS and CDS Financial experts are here to help you navigate these unprecedented times. We’ll continue to look for the best resources and information and post them here.
American Rescue Plan Act (The Act)
- President Biden Signs COVID-19 Relief Bill – Read the highlights
- American Rescue Plan Act Changes Relating to HR/Payroll
- SBA Announces Official Restaurant Revitalization Fund Application and Guidelines
- SBA Announced Virtual Trainings for Restaurant Revitalization Fund
- SBA Announces Application Opening Date for Restaurant Revitalization Fund
Consolidated Appropriations Act, 2021 (“CAA”)
- Stimulus Package Signed Into Law
- New Coronavirus Relief Provisions for Cafeteria Plans
- PPP Round 2 Update: Do you qualify?
- New PPP Guidance Issued by SBA, Treasury
- Second Stimulus Check Update
- Employee Retention Credit and PPP Forgiveness
- SBA Re-opening Paycheck Protection Program Loan Portals to Small Lenders on January 15 and All Lenders on January 19
- Employee Retention Credit and PPP Forgiveness Webinar
- An Update on PPP Rounds 1 and 2 and PPP Forgiveness Webinar 1-26-21 Slide deck and Recording
IRS
PPE Now Qualified Medical Expense
U.S. Chamber of Commerce
- Save Small Business $5,000 Grant-making Initiative (4-21-20 update: Unable to accept new applications at this time)
- Small Business Hub
CARES Act and PPP Flexibility Act of 2020
- SBA Provides Additional PPP Guidance
- SBA Press Release on Changes to PPP
- Employee Retention Credit and PPP Forgiveness
- Employee Retention Credit and PPP Forgiveness Webinar
- CARES Act Changes to the Net Operating Loss (NOL) Rules
- SBA Releases a Streamlined Application for PPP Borrowers under $50,000 (10-12-20)
- SBA Clarifies Deferral Period for PPP Loan Payments in FAQ (10-12-20)
- HHS Announces Phase 3 CARES Act Provider Relief Funding (10-12-20)
- Recommendation to Wait to Apply for PPP Loan Forgiveness (8-25-20)
- PPP Loan Application Period Extended To August 8
- AICPA Blog post by Lisa Simpson, CPA, CGMA, Director on 5 Reasons Borrowers Shouldn’t Rush their PPP Forgiveness Applications
- SBA issues first guidance on PPP Flexibility Act
- Paycheck Protection Flexibility Act
- New PPP Loan Forgiveness Applications and Interim Final Rule –
- PPP Recipients Can Apply Early for Loan Forgiveness
- AICPA offers Loan Forgiveness Calculator for Paycheck Protection Program
- SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application
- Coronavirus Food Assistance Program (CFAP)
- Answers to Your Stimulus Payments
- Interim Coronavirus Relief Funding
- Overview for Businesses
- Overview for Individuals
- OTC Medications and Telehealth Now Reimbursable
- Podcast: Cares Act Funding for Businesses
- Payroll Protection Program (PPP): An Overview
- Paycheck Protection Program (PPP) Calculators
- PPP Loan Tracking and Recording Expenses in QuickBooks Online
- PPP Loan Tracking and Recording Expenses in QuickBooks Desktop
- Special Rules for Retirement Accounts
- Flex Spending Account, DCAP, HSA, HRA, QSEHRA
Election Changes - IRS Provides Tax Relief with Increased Flexibility in Cafeteria Plans
- Factors Impacting the Timing of PPP Forgiveness Application
- Retirement Account Distributions
- New Tax Rules for 2020
U.S. Small Business Administration
- SBA PPP Funds Have Been Exhausted, Except MDIs and CFDIs (May 4, 2021)
- SBA Defers EIDL Payments Until 2022 (News Release)
- SBA Funding Options due to Coronavirus
- SBA Paycheck Protection Program (PPP)
- SBA Extends PPP Loan Repayment Deadline
- SBA Announces New PPP Direct Forgiveness Portal (7-29-21)
U.S. Department of the Treasury
- Frequently Asked Questions of PPP
- IRS and Treasury Extend Individual Tax Filing and Payment Deadline from April 15 to May 17
Families First Coronavirus Response Act (FFCRA)
- Covid-19 Vaccinations and Your Workplace Webinar Recording (2-18-21)
- Covid-19 Vaccinations and Your Workplace Webinar Slide Deck (2-18-21)
- FFCRA Leave/Tax Credits 2021
- Families First Coronavirus Response Act –
What payroll needs to know - Pay Rate Guidance for Employers: Can employers
reduce pay because of economic slowdown
due to COVID-19? - HR Guidance and Best Practices Webinar – Recorded 3/23/2020
- Handouts 3-23-20
- HR Guidance and Best Practices Webinar – Recorded 3/31/2020
- Handouts 3-31-20
- HR Regulatory Updates Webinar – Recorded 4/16/2020
- Handouts 4-16-20
- Compliance Matters: COVID-19 Layoffs, Furloughs, and Recalls – Recorded 5/14/2020
- Handouts 5-14-20
- Workplace Health & Safety Post-COVID-19 – Recorded 6/18/2020
- Handouts 6-18-20
Firm Update
- COVID-19 – Firm Update (4-29-20)
- COVID-19 – Firm Update (6-1-20)
- COVID-19 – Firm Update (1-2021)
- COVID-19 – Firm Update (5-20-21)
Employee Tax Retention Credits for Employers
Minnesota Unemployment Benefits
- Minnesota Unemployment FAQs
- Unemployment Benefits for Self-employed and Independent Contractors
- Overview for Employers
- Overview for Workers
Minnesota DEED
- Minnesota Small Business Relief Grants
- Minnesota Emergency Loan Program for
Small Businesses - Minnesota DEED – Helping Minnesota
Businesses during COVID-19
IRS Filing and Payment Deadlines
- IRS Announces Tax Filing Season to Start February 12
- IRS Filing and Payment Deadlines Q & A
- IRS and Treasury Extend Individual Tax Filing and Payment Deadline from April 15 to May 17
Other COVID-19 Resources
- Podcast: Tips for Distance Learning and Engaging Remote Employees
- Podcast: Business Resiliency
- Business Resiliency White Paper
- Family-friendly Activities
- COVID-19 Related Cyber Threats
- Kandiyohi County Real Estate Tax Deadline Extended
- Two Things Small Businesses and Non-Profits Can Do Now to Combat Fraud