We understand the need for guidance in this rapidly changing time of COVID-19. We’ve created this Coronavirus Resource Center as a place you can look to provide answers on relief legislation, tax and regulatory guidance and impact to the economy.
Information is being updated on an ongoing basis. Please refer to the most recent updates first as earlier posts may be superseded by more recent guidance. As always, please don’t hesitate to contact a LaPorte professional for advice on your unique situation.
On Wednesday, May 13th, the SBA released additional guidance on PPP loan forgiveness. In this update, we will provide information on the newly issued FAQ-46
When you think about the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), you probably associate it with the stimulus checks sent to
The Coronavirus Aid, Relief and Economic Security (CARES) Act provided $50 billion of funding to help providers as they face falling revenue and increased costs
On April 30, 2020 the IRS released Notice 2020-32 which provides guidance regarding the deductibility for Federal income tax purposes of certain otherwise deductible expenses
If you missed your chance to receive a loan for your business under the original CARES Act, you have another chance. CARES Act 2.0 adds
LaPorte is closely following guidance from a variety of sources including the IRS and the SBA. Following are important updates related to COVID-19. Paycheck Protection
Borrowing from experience Hurricane Katrina and the COVID-19 pandemic. Different in many ways – local versus worldwide. Similar in many ways, including the flow of