COVID-19 Resource Center
Helping you prepare for the impacts of COVID-19
Second Chance: What the New Round of COVID-19 Relief Could Mean for You – On Demand Webinar, Watch Now!
Now that a new round of economic stimulus has been signed into law, you probably have questions about how (or even if) its provisions will help you in these trying times. The sweeping 5,000-plus page bill affects businesses, individuals, nonprofits, higher education and more. So chances are at least one aspect of it will impact your financial picture. During this webinar, we discuss the tax provisions most likely to impact you and /or your business, the new round of PPP loans, and an overview of the legislation and what it means to you, and updates on additional guidance.
Resources to help you tackle the threats from COVID-19
Disruptions caused by the novel Coronavirus (COVID-19) continue to mount as economic turbulence worsens. With so much up in the air with the COVID-19 outbreak, we’re getting questions about short-term loan options, available tax credits, managing cash flow and how to continue operations while keeping others safe. While it’s difficult to determine the short and long-term affects of this pandemic, we are tracking all developments related to the COVID-19 and your financial well-being. On this page you’ll find links to external resources, informational articles, and upcoming webinars related to COVID-19. We will continue to update this resource page as more information becomes available. Check back regularly for updates and continue reading to learn more.
COVID-19 Power Lunch Videos
On-Demand Webinar Recordings
Families First Coronavirus Response Act (FFCRA) Resource Center

FFCRA Comprehensive Guide
The FFCRA provides a wide range of assistance to American workers due to the COVID-19 outbreak. Not only does it provide paid time off for workers affected by the pandemic, it also gives employers the opportunity to receive tax credits to offset the cost of providing paid leave.
In response to the significant number of questions we’ve received regarding the FFCRA, we created this guide to help employers navigate the details of the FFCRA. Continue reading to learn more.
Recent FFCRA Articles
Get it in Writing: Documentation of COVID-19-Related Leave and IRS Guidance
Since the Families First Coronavirus Response Act (FFCRA) went into effect on April 1, 2020, employees and employers alike have struggled with its initial [...]
New Legislation Grants Paid Leave for Coronavirus-Related Absence
On March 18, President Donald Trump signed the Families First Coronavirus Response Act, a federal effort to provide a wide range of assistance to [...]
CARES Act Resource Center

Paycheck Protection Program Expanded Guide
The Coronavirus Aid, Relief, and Econmic Security (CARES) Act offers particular reprieve to small businesses in the Paycheck Protection Program. The program provides financial incentives and forgivable loans for small businesses, with the goal of encouraging them to retain employees and bring back those who have been laid off or furloughed. Our expanded guide provides the details you need to take full advantage of this program.
PPP Loan Templates
Per interim guidance released by the IRS, PPP loan forgiveness amount will not be reduced if you laid off an employee, offered to rehire the same employee, but the employee declined the offer. However, in order to qualify for this exemption, you must make a good faith, written offer of rehire, and the employee’s rejection must be documented. The following template can be used when making your offer to rehire.
An Important Update on PPP Safe Harbor
The United States Treasury has just released additional information regarding the Paycheck Protection Program (PPP) and safe harbor for unqualified loan recipients. The Small Business Administration (SBA) issued a safe harbor to PPP recipients [...]
Safe Harbor: Returning Unqualified PPP Funds
If you’ve received a Paycheck Protection Program (PPP) loan and don't meet the requirements for “economic uncertainty,” take note. The U.S. Small Business Administration (SBA) is giving companies until May 18 to return unqualified [...]
Healthcare Providers Begin Seeing Payments from CARES Act
As the rollout of the comprehensive CARES Act stimulus package gets underway, healthcare providers have already begun to see payments associated with the $100 billion allocated to fund hospitals and other health services organizations. [...]
Emergency Funding for the Healthcare Sector Through the CARES Act
The Coronavirus Aid, Relief, and Economic Security (CARES) Act represents perhaps the biggest piece of relief legislation since the cumulative programs comprising the New Deal. Despite the broadly addressed industries within the bill, the [...]
CARES Act Tax Relief: Three Provisions to Look at NOW
The Coronavirus Aid, Relief, and Economic Security (CARES) Act includes dozens of subsections and countless provisions. While it covers an immense range of relief options, the CARES Act tax relief provisions are of particular [...]
Calculating the Individual Recovery Rebate from the CARES Act
As part of the recently-passed massive Coronavirus Aid, Relief, and Economic Security (CARES) Act, taxpayers will receive a direct stimulus payment within the coming weeks. This one-time remittance is based on an individual’s 2019 [...]
Most Recent COVID-19 Articles
HHS Now Issuing Phase 3 PRF Fund Payments
If you’ve applied for Phase 3 Provider Relief Funds (PRF), help could be on the way. The Department of Health & Human Services (HHS) recently announced it has completed the review of applications and [...]
The Ins and Outs of Eased Loss Limitation Rules
To provide businesses and their owners some relief from the financial effects of COVID-19, the Coronavirus Aid, Relief, and Economic Security (CARES) Act eases the rules for claiming certain tax losses. Here’s a look [...]
15-Year or 100% Bonus: Which Depreciation is Best for Your QIP?
Earlier this year, the Coronavirus Aid, Relief, and Economic Security (CARES) Act corrected a drafting error regarding real estate qualified improvement property (QIP). This correction retroactively allows real property owners to depreciate QIP faster [...]
COVID-19 General Resources
Straight From the Source: Official COVID-19 Workplace Guidance
Every new day in the coronavirus pandemic brings new challenges to the traditional workplace. Occupancy and staffing restrictions. Mask and PPE guidelines. Procedures for [...]
Managing Expectations and Performance for Virtual Employees
The shift to remote work can quickly become a quagmire. With no one to look over their shoulder or answer their questions, employees aren’t [...]
Managing Employee Wellness During COVID-19
Now more than ever, we’re aware of our need to keep employee wellness and health front of mind. You do everything in your power [...]
Tax Updates
PPP2 and Moore: Measures of the Consolidated Appropriations Act
The COVID-19 vaccine isn’t the only shot in the arm for 2021. The Consolidated Appropriations Act (CAA) signed into law late last year includes [...]
The Top Tax Implications of the Latest COVID-19 Relief
The Top Tax Implications of the Latest COVID-19 Relief It’s hard to ignore the impact COVID-19 legislation has on our tax returns. In our [...]
CARES Act Tax Changes for Real Estate
Alongside numerous provisions for corporations and small businesses, the Coronavirus Aid, Relief, and Economic Security (CARES) Act brings about several key changes for taxpayers [...]
Financial Reporting Updates
PPP Loans and Financial Statements: What You Need to Know
As the year draws to a close, your thoughts might turn to preparing your [...]
HEERF – October 2020 Update on Reporting Requirements
The Higher Education Emergency Relief Fund (HEERF) program was created under the CARES Act [...]
It’s Official! GASB Votes to Approve Postponed Effective Dates of Recent Provisions
Governments have been challenged by the COVID-19 pandemic—and the Governmental Accounting Standards Board (GASB) [...]
Industry Updates
HHS Now Issuing Phase 3 PRF Fund Payments
If you’ve applied for Phase 3 Provider Relief Funds (PRF), help could be on [...]
Impacts to Higher Education Industry From the COVID Relief Package
Following a protracted negotiation, Congress passed a $900 billion COVID relief package on Monday [...]
HEERF – October 2020 Update on Reporting Requirements
The Higher Education Emergency Relief Fund (HEERF) program was created under the CARES Act [...]