The United States Treasury has just now distributed detailed information regarding the Paycheck Protection Program including an application. We wanted to get it out to our clients as quickly as possible. Here are links to the information as well as the application directly from the United States Treasury: Top-line overview of the Paycheck Protection Program …
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Relief for small businesses is here! While the details are emerging, here is what we know about the Paycheck Protection Program so far. Purpose is to provide incentives to businesses to retain employees during this crisis period that is related to COVID-19. Qualified Businesses include for-profits and non-profits with less than 500 workers. Funding covers expenses from February …
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In response to COVID-19 local, state, and federal governments have rapidly provided several resource options for small businesses. However, the various programs and separate application processes can be confusing. While each application is different, they are very similar in many ways. The key to any application is to have solid financial statements prepared. With a …
On March 18th H.R. 6201 – Families First Coronavirus Response Act (FFCRA) was signed into law offering emergency support and requiring paid leave for small business employees affected by coronavirus. The intent of the bill is to support employees who are unable to work for COVID-19 related reasons. While this creates a significant burden for small …
Continue reading “Treasury, IRS and Labor Announce FFCRA Payroll Tax Credits”
We, at Ludwig Business Consultants, stand together with you, our trusted clients, colleagues, and friends during a time of great uncertainty. We are in process of creating a Business Assessment Center to lead you through today’s immediate needs and tomorrow’s recovery. Here is a link to a Temple hosted SBDC webinar relative to Local Funding opportunities for …
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