COVID-19 RESOURCE CENTER
Tax Updates
Tax Filing Deadline Extended to July 15 | DunlapSLK Update Regarding Service Continuity Amid COVID-19
To Our Colleagues, Clients & Friends: Every day is bringing new challenges as we navigate these uncharted waters with COVID-19. Here at DunlapSLK we continue to monitor the situation as it evolves and have followed the recommendations of the Centers for Disease...
Legislative Updates
$2 Trillion Coronavirus Relief Package Moving Through Congress
The White House and Senate leaders reached agreement on an estimated $2 trillion coronavirus record stimulus plan earlier this week. On Wednesday the Senate approved an 880-page bill - the Coronavirus Aid, Relief, and Economic Security (CARES) Act - that now goes to...
Families First Coronavirus Response Act (H.R. 6201): How It Impacts You
On Wednesday, March 18, 2020, President Donald Trump signed into law H.R. 6201, which provides paid leave benefits to employees, tax credits for employers and self-employed taxpayers and FICA tax relief for employers. Below are some key provisions included to help...
Industry & Company Updates
U.S. Small Business Administration (SBA) offering disaster assistance in response to COVID-19
Under the recently enacted Coronavirus Preparedness and Response Supplemental Appropriations Act (the Act), small businesses that have suffered substantial economic injury as a result of COVID-19 can apply for low-interest federal disaster loans through SBA. Small...
DunlapSLK’s Safety and Prevention Measures Regarding Coronavirus
A note from Managing Director Dennis Dunlap on DunlapSLK’s response to COVID-19. To Our Colleagues, Clients & Friends: As I’m sure you are aware, the presence of the novel coronavirus is currently impacting our communities and the way that we live our daily...
Media
NOTE: During our March 25 webinar it was said that the effective date of the Families First Coronavirus Response Act was April 2, 2020. The U.S. Department of Labor has since announced this will go into effect as of April 1, 2020 for both the “Sick Leave” and FMLA expansion. At the time of our recording all our research had indicated it would be April 2.
Point of Clarification: During our March 25 webinar there was a question regarding the 50 employee exemption in FMLA. To be clear, the expansion of FMLA eliminated the automatic 50 employee or less exemption for small businesses, but only as it relates to childcare issues in conjunction with the Coronavirus epidemic. What they did add back in was a potential exemption, for 50 or less employees, if providing FMLA leave for these individuals would jeopardize the ability of the business to continue. We apologize for any confusion this may have caused.