As small businesses continue to seek credit and financing opportunities to stem the tide of the COVID-19 pandemic, the Small Business Administration (SBA) has taken further action to boost the…
read moreSince the onset of the pandemic, Sax’s Recovery Task Force has hosted over 15 recovery updates aimed at disseminating the on-going information released at the federal and state level to…
read moreThe Coronavirus Aid, Relief, and Economic Security (CARES) Act waives required minimum distributions (RMDs) from defined contribution tax-qualified retirement plans and IRAs (including inherited IRAs) for 2020. This includes 2019…
read moreOn August 8, 2020, President Trump signed four executive orders to provide economic assistance as the self-imposed deadline for Congress to reach a coronavirus relief package passed. These four executive…
read moreIn a much-anticipated move, the Small Business Administration (SBA), in conjunction with the U.S. Department of Treasury, issued the latest round of frequently asked questions (FAQs) on August 4, 2020. …
read moreThe Federal Reserve has announced an extension through December 31 of its lending facilities that were initially scheduled to expire on or around September 30. The lending facilities are geared…
read moreFollowing weeks of speculation and negotiations, the Senate released its latest coronavirus relief package on Monday, July 27, 2020. Dubbed the “HEALS Act”, this $1 trillion GOP economic and stimulus…
read moreOur July 7 article, “Net Investment Income (III) Tax Protective Refund Claims”, discussed the potential filing of protective claims for the 2016 tax year. Based on questions we have received…
read moreThe Federal Reserve has recently announced that the Main Street Lending Program is now available for non-profit organizations seeking COVID-19 relief. On July 17, 2020, final terms were released for…
read moreThe U.S. Department of Health and Human Services (HHS) recently announced it will now allow dentists and other dental providers to apply for relief from the Public Health and Social…
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