Many continue to wonder if tribal and other governments’ Coronavirus Relief Funds will be extended past December 30, 2020. Presently, there is no extension, but according to a recent NAFOA Broadcast, an updated version of the HEROES Act that would provide relief to Tribes is in the works. Read more.Read More
Whether your organization was ready for remote work or not—and as businesses continue to modify practices and normalize “work from anywhere” conditions—it’s not too late to check if your connections are truly secure, and to make sure your team is up to speed on cyber smart practices. REDW Senior Manager of Cybersecurity Jennifer Moreno is here to help you run a confidence check. Read more.Read More
Arizona businesses impacted by the COVID-19 pandemic may be eligible for a tax penalty relief outlined in a ruling by the Arizona Department of Revenue. Read more.Read More
On August 8, 2020, President Trump signed an executive memorandum authorizing the Treasury Secretary to issue guidance to allow, not require, employers to participate in deferring the withholding and payment of employees’ share in Social Security taxes from September 1 through December 31, 2020. The goal is to get more money into Americans’ pockets this year... Read more.Read More
On August 24, the U.S. Small Business Administration and U.S. Treasury issued an interim final rule on Paycheck Protection Program (PPP) forgiveness issues regarding owner-employee compensation and the eligibility of non-payroll costs. Read more.Read More
The Main Street Lending Program aims to increase the flow of credit to small and medium-size businesses that had good financial standing pre-COVID-19, and that have subsequently suffered a covered loss. In July 2020, some key expansions were made, read more.Read More
Good news for small businesses and nonprofits residing in Arizona’s Maricopa County: If you act quickly, you can take advantage of a recent expansion to the Maricopa County Small Business / Nonprofit Relief Grants program. Read more.Read More
The Internal Revenue Service announced a progressive step in modernization on Monday, August 17: taxpayers using commercial tax software can now electronically file amended individual returns. Read more.Read More
On August 4, the U.S. Small Business Administration and the U.S. Treasury released guidance answering 23 frequently asked questions concerning the forgiveness of Paycheck Protection loans. More than $130 billion is still available in the PPP, which has an August 8 deadline for applications to be approved by SBA. Read more.Read More
REDW has developed a unique online training program that offers a full menu of COVID-19 training options, specific to Tribes, and each customized for your Tribe’s unique situation. Read more.Read More
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