Paycheck Protection Program: Loan Applications Now Available

REDW LLC | April 6, 2020

Small businesses can now apply for loans under the Paycheck Protection Program (PPP) as part of the Federal CARES Act. Loans can be used to cover payroll costs, and most mortgage interest, rent, and utility costs. Read more.

New CARES Act: COVID-19 Relief Available for Retirement Plans

REDW LLC | April 3, 2020

Since the CARES Act became law, we are carefully reviewing the retirement relief remedies in the $2 trillion stimulus package. Find out more about these provisions that include: funding relief for single-employer defined benefit plans, and the ease of retirement plan withdrawal and loan rules for impacted individuals. Read more.

Families First Coronavirus Response Act (FFCRA) in Effect April 1

REDW LLC | April 1, 2020

Effective April 1, the Families First Coronavirus Response Act has become law, and new developments are moving quickly. The FFCRA provides employees with paid leave, for coronavirus purposes only, through two new laws... Read more.

Key Areas from the New CARES Act

REDW LLC | April 1, 2020

We are highlighting a few of the most impactful areas of the Coronavirus Aid, Relief and Economic Security (CARES) Act for our clients. While we continue to study the new legislation, we are prepared to answer questions and proactively guide you through its implications for you and your business. Read more.

Comprehensive CARES Act Provides COVID-19 Tax Relief

REDW LLC | April 1, 2020

On March 27, 2020, the Coronavirus Aid, Relief and Economic Security (CARES) Act became law, providing relief to taxpayers affected by the novel coronavirus (COVID-19). We have summarized the top tax provisions in the new legislation. Read more.

NIHB: Emergency Funding Available for Tribes Soon

REDW LLC | March 26, 2020

In response to the COVID-19 pandemic, the National Indian Health Board sent a letter to tribal leaders sharing details from the CDC about a new, non-competitive funding opportunity for tribes. Read more.

IRS Provides Guidance on New Tax Deadline Extensions

REDW LLC | March 25, 2020

Last week, the U.S. Treasury Department extended deadlines for Federal tax filing and payment, and is now providing a helpful Q&A forum. Read more.

Coronavirus Qualifies for SBA Economic Injury Disaster Loans

REDW LLC | March 23, 2020

If your state requests status as a “declared disaster area,” you may be eligible for an Economic Injury Disaster Loan up to $2 million, provided your small business suffers substantial economic injury as a result of COVID-19. Read more.

New Relief and Grant Flexibility Under the Uniform Guidance

REDW LLC | March 23, 2020

The Office of Management and Budget (OMB) intends to provide agencies with additional grant flexibility to assist in the response to COVID-19. The new M-20-11 memo defines relief for administrative, financial management, and audit requirements under the Uniform Guidance. We have compiled some major highlights. Read more.

Financial Reporting in the Age of Coronavirus

REDW LLC | March 23, 2020

CFOs should be prepared for an unpredictable year. Disruptions in the supply chain and stock market turmoil will affect the way audit preparation, writing of financial statements, audit fieldwork, and review processes are all conducted. Like other industries, those in financial reporting need to plan for the unknown. Read more.