CARES Act Overview
As we’ve reported, Congress passed and the president signed into law the CARES Act last Friday. While we issued guidance on one part of the law yesterday, the Paycheck Protection Program (PPP) that allows for forgiveable payroll loans, there are actually many...
Apply for Free Money from the Feds
There are several key takeaways to this program. First, this is free money from the federal government and you should be applying for it. It’s a loan from the Small Business Administration (SBA) through your local bank that can be forgiven in part or totally....
Tax Deadlines Extended – Sales, IFTA, Income, Business…
Connecticut Filing & Payment Deadlines for Sales Taxes Extended The Department of Revenue Services (DRS) announced that it is providing immediate tax relief to Connecticut small businesses. What small business taxpayers qualify for this relief? Taxpayers that...
Travel Restriction Advisory Essential Employees
On 3/28, President Trump stated that he may order an “enforceable” quarantine in Connecticut, New York, and New Jersey to prevent the spread of the virus. While no federal order has been issued as of 8:00pm this evening, CEMA would like to update you on...