Filing Taxes in Vancouver WA

Payroll Protection Program (PPP) Flexibility Act of 2020 Signed into Law June 5, 2020

Congress passed the Paycheck Protection Program (PPP) Flexibility Act of 2020 (Flexibility Act), on June 3, and President Trump signed it into law early on June 5, 2020. The Flexibility Act updates the PPP, which was enacted by the CARES Act and impl… Read More
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Stay up to date on how CO…

Stay up to date on how COVID-19 impacts you and your business

So far in June, we updated our COVID-19 blog pages with the following information.   The Paycheck Protection Program (PPP) Flexibility Act of 2020 became law on June 5. See our Flexibility Act blog for details. The Oregon Supreme Court upheld… Read More
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PPP Loan Forgiveness Guidelines

The Paycheck Protection Program (PPP), established under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), provides funds to businesses for the purpose of paying up to 8 weeks of payroll and operating costs. PPP funds were offered a… Read More
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Plans for Recovery and How to Return to Work

In Washington, visit the Safe Start page for guidance and information on phased reopening.  Click to see a chart of the four Phases.  Each phase will be at least three weeks.  Counties can apply to move to the next phase, but data and metrics will… Read More
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Federal Reserve’s Main Street New Loan Facility

On 4/9/2020, the Federal Reserve announced a new $2.3 trillion loan package. The Fed will work through banks to offer loans to companies of up to 10,000 employees, and directly lend to state governments and populous counties and cities to help them… Read More
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COVID-19 Business Grants

In addition to the $10,000 EIDL grant, we are aware of the following other public and private grants.  We will add to this list as we learn of other options.  Please contact us to let us know of grant opportunities. The U.S. Chamber of Commerce Fo… Read More
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COVID-19 and Force Majeure Clauses in Commercial Leases

April 6, 2020 By: Natalya Belonozhko Coronavirus (COVID-19) and governments’ orders to close non-essential businesses in Oregon and Washington have impacted businesses’ ability to operate in their leased spaces and pay rent under their commercia… Read More
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Federal, Oregon, & Washington COVID-19 Resources

In addition to the CARES Act, the Family Medical Leave Act, unemployment, and tax guidancewe have collected the following nationwide, Washington, and Oregon COVID-19 resources. Nationwide/Federal COVID-19 Resources What federal government agencies a… Read More
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COVID-19 Real Estate Resources

Evictions, Foreclosures, & Forbearance 80% of jobs lost to coronavirus recession were blue collar jobs, so we’re seeing the biggest impact in residential rentals and commercial rents and mortgages of non-essential businesses that cannot or do n… Read More
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Taxes During COVID-19

On March 20, 2020, the IRS announced that the tax filing date has moved from April 15 to July 15.  Business and individual taxpayers will not be subject to additional interest and penalties on amounts due for 2019.  The first quarterly tax payment… Read More
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