Delaware Relief Grants are designed to give Delaware small businesses and nonprofits access to funds to help cover expenses and provide relief related to COVID-19. The program, which will have at least $100 million in funds available, is a joint initiative from the State of Delaware and New Castle County. The grant application will be live in early September. To apply, visit https://business.delaware.gov/relief/
The Payroll Protection Program is our recommended course of action for most business clients affected by the Coronavirus Pandemic. The demand for this program has overwhelmed financial institutions and the funding disappears very rapidly. If you have been unsuccessful in getting a Payroll Protection Program loan, read on.
We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (commonly referred to as the Coronavirus). Along with those paramount health concerns, you may be wondering about some of the recent tax changes meant to help everyone coping with the Coronavirus fallout.
With filing season drawing near for the 2016 calendar year, you should know that, to assist the IRS in detecting and preventing fraud, the Protecting Americans from Tax Hikes Act of 2015 has accelerated certain deadlines for filing information returns for hired workers.
On July 31, 2015, President Obama signed a new law that was primarily designed as a 3-month stopgap extension of the Highway Trust Fund and related measures, it includes a number of important tax provisions, including revised due dates for partnership and C corporation returns and revised extended due dates for some returns.