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As the Coronavirus (COVID-19) pandemic continues to spread, its impact on businesses and individuals has been significant. Stay up-to-date on the latest news with this Coronavirus Resource Center as your go-to resource for expert commentary, news and other resources. Bookmark this page to check back regularly for updates.

If you have any questions or concerns, please contact our advisors. We stand ready to help!

Brief Insights Video Series

Check out Doeren Mayhew’s new Brief Insights videos on our YouTube channel for helpful tips on tax, business advisory and more amidst these uncertain times.

Brief Insights | Ideas to Manage Cash Flow in Turbulent Times
Brief Insights | Strategies to Overcome Pass-Through Loss Limitations in 2020
Brief Insights | COVID-19 Impact on Tax Planning

VIEWpoint Articles

Consider Your Accounting Options for Booking PPP Loan Forgiveness
Ever-changing regulations and guidance on loan forgiveness make accounting for PPP loans complex. To help you better understand, our PPP advisory professionals have outlined recognition options and tax implications for deliberation.

American Rescue Plan Unveiled by President-Elect
President-elect Joe Biden has announced his plan to provide additional aid to Americans struggling in the wake of the COVID-19 pandemic: the American Rescue Plan. Learn more about the proposed plan’s provisions.

How Does the New COVID-19 Relief Bill Affect Retirement Plans?
Another major provision addressed in the new Consolidated Appropriations Act is retirement plan termination relief – gain insight into how both plan sponsors and participants can benefit.

SBA Guidance Released on Second Draw PPP Loan: What You Need to Know
The SBA has released formal guidance on second-draw PPP loans, enacted as part of the Consolidated Appropriations Act of 2021, for  businesses who have received a PPP loan but are in need of another. Read more.

IRS Releases PPP Deductibility Guidance in Wake of Stimulus Legislation
As a result of the recent passing of the new stimulus legislation, the IRS has released guidance clarifying the deductibility of expenses paid with PPP funds. Read more.

The COVID-19 Relief Law: What’s in It for You?
Can you benefit from the massive new Consolidated Appropriation Act signed into law? Here are some of the tax highlights for individuals.

Retention Tax Credit Continues to Benefit Employers
Thanks to the passing of The Consolidated Appropriations Act, 2021, employers can now benefit from the Employee Retention Tax Credit through June 30, 2021. Gain insight into what this means for your business.

Pandemic Legislation Brings Welcomed Stimulus Payments and Tax Relief
President Trump recently signed a $2.3 trillion Coronavirus relief and government funding bill, the Consolidated Appropriations Act of 2021, into law, extending billions of dollars in relief aid. Learn how you and your business may be impacted by the new legislation.

New Relief Package Set to Allow PPP Covered Expense Deductibility, Expanded Credits and Stimulus Payments
Congress has finally settled on a new COVID-19 stimulus legislation – The Emergency Coronavirus Relief Act of 2020. Learn more about the new relief package.

View more COVID-19-related articles here.

Other Helpful Resources

Centers for Disease Control and Prevention
Health and Human Services
World Health Organization
Internal Revenue Service Coronavirus Tax Relief
American Medical Association
Homeland Security
United States Department of Labor
Federal Emergency Management Agency
Small Business Administration’s Lenders and Borrowers FAQ
Updated PPP Loan Forgiveness FAQs

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