COVID-19 Update & Resource Center

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Lanigan, Ryan, Malcolm & Doyle’s COVID-19 update & resource center has the latest tax news and resources that pertain to you and your business during the COVID-19 pandemic.

Upcoming Webinar


Revamped Eligibility Rules for COVID-19 Relief Provisions: PPP Loans & Employee Retention Credit

Tuesday, January 26, 9:30am – 10:45am ET

Congress recently passed new legislation providing additional COVID-19 relief to small businesses including significant changes to the PPP and the ERC. In this webinar we will cover:

• Paycheck Protection Program – A summary of changes to the program, revised eligibility requirements for the “first draw” loans, and eligibility for “second draw” loans

• Employee Retention Credit – Rules for eligibility in tax years 2020 and 2021 (They’re different!)

We’ll reserve some time at the end for Q&A, but encourage attendees to submit questions in advance during registration.

 
Register
 


COVID-19 Updates

 


Resources for Individuals & Businesses

 


Previous Webinars

Getting the Most Out of Your PPP Loan: The Latest Guidance on Loan Forgiveness

Available on demand (Password: 5n#^h0$7)

As many businesses approach the end of their 8-week period under the Paycheck Protection Program, focus has shifted to ensuring loans are used appropriately and amounts eligible for forgiveness are maximized. In this webinar, we will cover the latest guidance and answer some commonly asked questions:

• What costs are eligible for forgiveness?
• How is Full-Time Equivalency determined?
• When does my covered period begin?
• Do costs have to be paid or incurred?
• How can reduction in forgiveness be avoided?
• Are there any reduction safe harbors and exemptions for certain employees?
• Are the costs that qualify for forgiveness deductible?

 
Please note that the information contained in this recording is based on guidance through May 26th. Updated guidance can be found on the Department of the Treasury website.
 
Top Business & Tax Provisions of the CARES Act
Available on demand

In the midst of the coronavirus crisis, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), the single largest economic aid package in American history. This comes right on the heels of the Families First Coronavirus Relief Act. This webinar led by Lanigan, Ryan Tax Manager Jennifer Montoya, CPA, dives into the top business and tax provisions included in the emergency legislation including who is eligible for relief and how to apply. Please note that the information contained in this recording is based on guidance through April 3rd. Updated guidance can be found on the Department of the Treasury website.

 


 

As always, Lanigan, Ryan, Malcolm & Doyle will continue to monitor this evolving situation and add updates to our resource center as they become available. As an “essential” business in the state of Maryland, we will continue to work for clients to meet upcoming deadlines, while emphasizing the safety of both our clients and our team. Please know that your Lanigan, Ryan team members are always available for questions.

 

Updated 1.15.21