Banks Give Green Light for Lending

During uncertain times, when fear can lead to generalizations and assumptions can be made based on a single data point of a given trend, facts can be a steadying influence. In the face of pervasive beliefs to the contrary, local banks are indeed still lending money for working capital lines

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Detailed Business Tax Provisions in the CARES Act

The Coronavirus, Aid, Relief, and Economic Security (CARES) Act passed in the Senate in the evening of March 25, 2020. Details of the Senate bill follow: For Businesses Employee retention credit for employers This provision provides a refundable payroll tax credit for 50% of wages paid by eligible employers to

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