Should You Defer Payroll Taxes If You Apply for a PPP Loan?
Important clarifications in Burkland’s Covid-19 Resource Center on payroll taxes for startups who applied for PPP loans.
Update 4-9-2020: Treasury Department Clarification for CARES Act
The latest (4/9) Treasury Department clarification regarding shareholder affiliation, salary caps plus the lastest listing of banks participating in the CARES act.
Update 4-7-2020: CARES Act and SBA Support to Startups
Latest (4-7-2020) CARES Act and PPP info summarized with the new critical developments. Payroll costs do not include independent contractor costs.
COVID-19 Related Tax Deadlines
Tax deadlines during the COVID-19 outbreak have changes in San Franscico and New York city. Review the latest changes to tax deadlines.
Update 04-02-2020: Paycheck Protection Program Latest Developments
The U.S. Treasury Department published an Interim Final Rule on April 2, 2020, that clarified many of the outstanding questions regarding the Paycheck Protection Program (PPP) loans envisioned in the …
17 Things to Know About the Paycheck Protection Program Loan
Paycheck Protection Program loan qualifications, deadlines, estimated amount, usage, type of coverage, certifications and interest rate.
Federal Cash Tax Benefits Available to Startups Impacted by COVID-19
Federal cash tax benefits for startups including payroll, stimulus package, disaster losses, net operating loss carryback and other refunds.
Startup Pay Calculations & Limits Under the Families First Response Act
Startups and the Families First Response Act, how to calculate pay, what are the qualifications, and covering the cost for employers.
How Can My Startup Get Tax Relief During COVID-19?
Learn about employee retention credit, payroll tax holiday and other important tax relief available for startups under Title II of the CARES Act.
Important Resources to Help Startups Understand the CARES Act
There is a tremendous amount of information available on the CARES Act and related topics, here are Burkland’s recommended resources for COVID-19.