With strong commitments to community partnership and public impact, this webinar in our COVID-19 Business Readiness series focused on COVID-19: Tax Considerations and Available Assistance hosted by Michelle Flinn, CPA, Supervisor at Sciarabba Walker & Co., LLP.
Michelle provided an overview and status update on the numerous relief programs and incentives for businesses including:
-The SBA’s Paycheck Protection Program & Economic Injury Disaster Loans
-The interplay between the SBA’s programs and the Employee Retention Credit and the Payroll Tax Deferral Programs
-Changes to Net Operating Loss rules and carryback opportunities
-Changes to Federal and NYS tax due dates
The format of the webinar was a 30 minute presentation of information followed by a 30 minute Q&A.
Please feel free to visit the Chamber’s COVID-19 Business Resources page where you will find up to date information and tools to help you, your business/organization, and your employees.