WASHINGTON — The Treasury Department and the Internal Revenue Service launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer...
Robert
Top 10 Questions Churches Are Asking About the CARES Act
As a service to our Church clients, we are posting this article which has been copied from the Evangelical Council on Financial Accountability (ECFA) April 8th email notice sent to its Members. Please feel free to reach out to the ECFA with further questions and...
Coronavirus and Business Interruption Insurance
Will business interruption insurance provide coverage for coronavirus losses? Sadly, despite the situation the nation now finds itself in, in most cases the answer is “no.” Because this type of insurance is typically part of a commercial property policy, the insured...