CARES Act Provisions for Retirement Plans and Participants

CARES Act Provisions for Retirement Plans and Participants

The Coronavirus Aid, Relief and Economic Security (CARES) Act includes several provisions that give retirement plan participants increased access to assets in their 401(k), 403(b), individual retirement account (IRA) and other qualified retirement accounts.  The...
CARES Act Provisions for Retirement Plans and Participants

SBA Releases New FAQ Regarding PPP

The SBA recently released question #46 in the frequently asked questions in regards to PPP. Loans with an original principal amount of less than $2 million will be deemed to have made the required certification concerning the necessity of the loan request in good...
CARES Act Provisions for Retirement Plans and Participants

Accounting for the Payroll Protection Program Loan

As we maneuver through these unprecedented times and move through the government’s new Acts and Programs established for the Coronavirus Pandemic, questions have arisen on how to account for this funding. The funding has begun to roll out and the clock has started...
Visit Stephano Plus