Knowledge Networks
Knowledge sharing forums for like-minded professionals
CARES Act and Other SBA Resources
Summary
Frank Milone, Partner Assurance and Advisory Services, and Bill Claffey, Partner Tax Services, from FML will discuss the major provisions of the CARES Act and other SBA resources and its impact to businesses and individuals including:
- Paycheck Protection Program
- HR 6201 Paid Sick Time and Paid FMLA and related tax credits
- Economic Injury Disaster Loan Program (EIDL)
- Business Tax considerations
- Individual Tax considerations
- Affiliation rules – potential impact for VC/PE/SBICs
Participants will have the opportunity to ask questions in order to “connect the dots” on the abundance of information that has been flowing on this topic.
