COVID-19 Resources

Under the current circumstances dealing with COVID-19, we have compiled a resource page to help guide and direct you with links to updates from state to worldwide pages. We will also be updating our Facebook & LinkedIn ongoing as developments are made.

Michigan Safe Start Plan

Check the status of your Economic Impact Payment

Important Tax News:

• June 3, 2020: PPP extension to 24 Weeks

• April 10, 2020: Treasury, IRS launch new tool to help non-filers register for Economic Impact Payments

• April 9, 2020: IRS provides guidance under the CARES Act to taxpayers with net operating losses

• April 9, 2020: IRS extends more tax deadlines to cover individuals, trusts, estates corporations and others

• March 31, 2020: IRS: Employee Retention Credit available for many businesses financially impacted by COVID-19

• March 27, 2020: State of Michigan Income Tax Filing Deadlines to July 2020

• March 25, 2020: IRS unveils new People First Initiative; COVID-19 effort temporarily adjusts, suspends key compliance program

• March 23, 2020: Governor Whitmer Signs "Stay Home, Stay Safe" Executive Order (3/23/2020)

• March 20, 2020: The US Treasury extended the deadline to file income taxes from April 15 to July 15.

• State Income Tax deadlines vary state to state

CARES ACT Resources

The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides $350 billion for 100 percent federally-guaranteed loans for eight weeks of assistance to small businesses and 501(c)(3) nonprofits. Sole-proprietors, independent contractors, and other self-employed individuals are also eligible for these loans.

• What Small Businesses Should Know About the Coronavirus Stimulus Bill

• What Small Businesses Should Know About the Coronavirus Stimulus Bill - FAQ's

• What Families & Individuals Should Know About the Coronavirus Bill

• What Education Professionals Should Know About the Coronavirus Stimulus Bill

• Paycheck Protection Program and Loan Forgiveness

• Small Business Guide & Checklist

• FAQ's on Direct Financial Assistance

Resources and Links:

• cdc.gov/coronavirus

• Interim Guidance for Businesses and Employers (CDC)

• OSHA Guidance on Preparing Workplaces for COVID-19 (CDC)

• Pandemic in the Workplace and the Americans with Disabilities Act

State of Michigan Resources:

• michigan.gov/coronavirus

• Executive Orders & Directions - State of Michigan

• Unemployment Insurance – Resources for Employees

• Unemployment Insurance – Resources for Employers

• MiWAM Toolkit for Claimants

• Guidance to Employers Contemplating Potential Layoffs

• Supporting Your Small Business During COVID-19

• MICPA Covid-19 Updates

Other

• Q&A on Coronavirus (WHO)

• John Hopkins Coronavirus Map of Global Cases

BKC Updates

• May 13, 2020 - Office Update - (You can call or drop your items off to us)

• March 30, 2020 - Coronavirus Emergency Loans - Small Business Guide & Checklist

• March 24, 2020 - Office Update (Following "Stay Home, Stay Safe Order")

• March 20, 2020 - Office Update (All face-to-face meetings canceled)

• March 16, 2020 - Office Update

To contact our office with questions or concerns:

Call: (269) 321-9200

Email: contact@bkccpa.com