Together, we are facing a truly unprecedented situation. The global coronavirus pandemic is affecting all of our families, communities, businesses, and way of life. During this difficult time, Machen McChesney will continue to monitor the situation and take action as necessary. This page will help keep you up-to-date with valuable information for you personally and your business.
January 7, 2021
PPP2 Initial Overview
August 17, 2020
The President's Action to Defer Payroll Taxes: What Does It Mean for Your Business?
August 13, 2020
Overview of the 4 Executive Orders Signed on August 8, 2020
August 12, 2020
The Latest Updates on PPP Loan Forgiveness Applications
The Possible Tax Consequences of PPP Loans
July 30, 2020
Health and Human Services Relief Funds
July 29, 2020
State of Alabama New Employer Requirement
July 24, 2020
Revive Alabama Grant
July 9, 2020
Unemployment Fraud
June 4, 2020
Paycheck Protection Program Flexibility Act of 2020
June 3, 2020
Paycheck Protection Program Loan and Forgiveness Best Practices
May 26, 2020
IRS Issuing Stimulus Checks Via Debit Cards
May 20, 2020
Amended "Safer-at-Home"
May 19, 2020
Hiring and Recalling Workers
May 18, 2020
PPP Loan Forgiveness Application Issued
May 13, 2020
SBA "Certification" Safe Harbor for PPP Loans Under $2 Million
May 12, 2020
Return of IRS Economic Stimulus Payments Received by Ineligible Taxpayers
May 6, 2020
Scammers are Targeting Stimulus Checks
May 1, 2020
EIDL Application and Loan Update
April 28, 2020
"Safer-at-Home" Order
April 27, 2020
Maximize PPP Forgiveness
April 16, 2020
U.S. Chamber of Commerce Foundation Grant
Types of Messages on the "Get My Payment" Web App
April 15, 2020
IRS Opens Economic Payment Portal
April 13, 2020
IRS Launches an Economic Impact Payment Tool for Non-filers
April 10, 2020
IRS Extends Additional Tax Filing Deadlines
April 9, 2020
Unemployment Compensation Under the CARES Act
Social Security Recipients to Receive the Economic Stimulus Payment
April 7, 2020
The Restaurant Employee Relief Fund
April 6, 2020
Economic Impact Payments - What You Need to Know
April 1, 2020
Cares Act Fixes the "Retail Glitch" to Make Qualified Improvement Property Eligible For Bonus Depreciation
March 30, 2020
Breaking Down the CARES Act
March 28, 2020
FFCRA Notice and Unemployment Information
Paycheck Protection Program
March 27, 2020
Accounting & Reporting Considerations During the Coronavirus Outbreak
March 26, 2020
IRS Releases FAQs Regarding July 15, 2020, Postponed Income Tax Filing and Income Tax Payment Date
March 25, 2020
IRS Outlines Procedures for Payroll Tax Credits and Rapid Refunds for Employers
March 24, 2020
How To Determine If An Employer Has "Fewer Than 500 Employees" For COVID-19 Federal Paid Sick And Family Leave Mandates
March 23, 2020
Protect Your Company's Cash Position
March 20, 2020
Small Business Administration Coronavirus Response Loan
Employers Can Provide Tax-free Qualified Disaster Payments to Employees
Tax Filing Deadline Moving to July 15, 2020
March 19, 2020
Families First Coronavirus Response Act Update
March 17, 2020
Coronavirus Tax Payment Delay
March 16, 2020
Machen McChesney Office Update Regarding Coronavirus
The CARES Act Liberalizes Net Operating Losses
Government Assistance Programs: Are You Ready for Scrutiny?
The New COVID-19 Law Provides Businesses With More Relief
Relief From Not Making Employment Tax Deposits Due to COVID-19 Tax Credits
Answers to Questions About the CARES Act Employee Retention Tax Credit
CARES Act Provides Option to Delay CECL Reporting
Rules and Guidance for Companies With Employees at Home
Coronavirus (COVID-19): Tax Relief for Small Businesses