Covid-19

Resources and Updates

COVID-19 Resources

We're here to help you and your business navigate COVID-19 with the latest information and resources.

The Smith and Howard team continues to monitoring legislation like the Families First Coronavirus Act, the Coronavirus Aid, Relief and Economic Security (CARES) Act stimulus bill, potential tax legislation and state and local legislation to help businesses properly use and report on these options.

Impact on Businesses

Businesses in all industries and of all sizes have been able to apply for assistance from the federal as well as state and local governments. Information on federal programs are included in this section.

Click here to view COVID-19 content related to businesses.

Impact on State and Local Policies

States across America continue to feel the financial impact of COVID-19. Relief through Small Business Administration (SBA) Economic Injury Disaster Loans (EIDLs) was implemented to help small businesses cope with the fallout from the pandemic. The continued availability and level of unemployment benefits varies from state to state.

Click here to view COVID-19 content for state and local policies.

Impact on Individuals and Families

The federal government provided financial relief to help people who faced financial hardship because of the COVID-19 pandemic. Information on legislation is included in this section, highlighting the benefits that have been put in place for individuals and families in need.

Click here to view COVID-19 content for individuals and families.

Need More Information?

If you have any questions, please let us know. You can also subscribe to our newsletter that provides detailed updates on COVID-19.

CONTACT AN ADVISOR

The CARES Act

On March 27, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This is the third federal legislation meant to address the COVID-19 crisis.

Click here to read an overview of the CARES Act.

Paycheck Protection Program

As the COVID-19 pandemic forces more businesses to consider layoffs, the Paycheck Protection Program, part of the CARES Act that was passed on March 27, provides businesses with short-term loans that will either be forgiven or come with low interest rates.

Read this article to see if your business qualifies.

The FFCRA Act

The Families First Coronavirus Response Act (H.R. 6201), became law on March 18, 2020. The Act guarantees free testing for the novel coronavirus (COVID-19), establishes emergency paid sick leave, expands family and medical leave, enhances unemployment insurance, expands food security initiatives, and increases federal Medicaid funding.

Click here to learn more.