Key Takeaways from the Families First Coronavirus Response Act

There are essentially three scenarios that trigger the required sick pay to employees and the resulting credit to employers:

How Will COVID-19 Impact Your Cash Flow?

Due to the unprecedented challenges and uncertainty caused by the coronavirus (COVID-19), we are aware business owners and organizational leaders are facing hard decisions and extraordinary stress. 

North Dakota and Minnesota Small Businesses Now Eligible for SBA Disaster Loans

The COVID-19 pandemic has affected everyone in our economy, but we know small businesses have been particularly hard hit. Online applications for these loans are open to Minnesota and North Dakota businesses.

North Dakota Unemployment Update

The North Dakota Job Service has posted an updated frequently asked questions.

Summary and Q&A of Tax Implications of Coronavirus Bill

Here is a quick rundown regarding the tax implications of the Coronavirus bill.  This Bill addresses the Phase I and Phase II provisions – it is anticipated that Phase III will address the stimulus payments being mentioned in the media.

Extended Income Tax Payment Relief due to COVID-19

On March 18, 2020, the IRS released Notice 2020-17. This notice officially provides relief to taxpayers during the COVID-19 pandemic by extending the original April 15, 2020 income tax payment deadline to July 15, 2020.

Congress passes the Families First Coronavirus Response Act

President Trump signed the Families First Coronavirus Response Act (the Act) late on March 18, 2020, soon after the Senate passed the amended House bill sent to the Senate on March 17, 2020.

Work Continues with New Procedures In Place

We would like to share an update on how Brady Martz is responding to the rapidly changing environment caused by coronavirus (COVID-19). 

Tax Payment Deadline Delayed by 90 Days

There has been much speculation surrounding the impact of the Coronavirus (COVID-19) pandemic on the U.S. tax filing deadline. At a Tuesday White House briefing, Treasury Secretary Steven Mnuchin announced new relief measures that are effective immediately.

An Update Regarding Coronavirus (COVID-19)

At Brady Martz, the health and safety of our employees, their families, and our clients is of paramount importance. For this reason, we are taking specific precautions to protect our staff and visitors during the current outbreak of Coronavirus.