As the whole world grapples with the personal, professional, and economic fallout of the COVID-19 outbreak, we wanted to help our tax and small business clients stay up to date on the latest news affecting them each day. Keep checking back for the top headlines to stay informed.
Here is some of the important news to keep up with today:
April 1
The Hill: Trump calls on Congress to restore tax deductions for business meals, entertainment
Politico: Coronavirus hits the economy where it hurts: Consumer confidence
CountingWorks: Commercial Tenants: Dealing With COVID-19 Shutdowns and Your Lease Obligations
Fast Company: What is an ‘essential’ business anyway? A cheat sheet for getting through the COVID-19 pandemic
Politico: States overwhelmed by previously unimaginable layoff numbers
CNN: What will travel look like after coronavirus?
The Hill: Poll – 28 percent of Americans say they’ve already lost wages due to coronavirus
March 31
Fast Company: What is ‘force majeure’? The legal term you’ll be hearing a lot during the coronavirus crisis
Bloomberg: Goldman Sachs Sees 34% Plunge in U.S. GDP and 15% Unemployment
Barron’s: What the 1918 Flu Can Teach Us About Avoiding an Economic Meltdown
Los Angeles Times: Restaurants are pivoting to takeout and delivery. Will it be enough to survive?
Wodify Blog: Coronavirus/COVID-19: Guide for Gym Owners
Touch Bistro: Restaurant Marketing Ideas During Coronavirus
The Hill: Coronavirus poses new threat to mortgage industry
The Daily Beast: Do I Have to Pay My Rent or Mortgage During the Pandemic?
March 30
Fast Company: The coronavirus crisis is hitting childcare workers especially hard
CNBC: A food crisis looms as coronavirus forces farms to stay idle and countries hoard supplies
Forbes: Malls Survived The Retail Apocalypse, But Coronavirus Threatens To Be Their Armageddon
Bloomberg Businessweek: Boutique Fitness Studios Reduce to a Staff of One to Save Their Business
March 29
The Wall Street Journal: White House Extends Social-Distancing Guidelines Until End of April
Forbes: Beware Of Stimulus Check Scams And Related Hoaxes
The Hill: Trump floats restoring full corporate tax deduction for meals as coronavirus derails restaurants
Politico: Cannabis finds its moment amid coronavirus outbreak
Forbes: Zero Contact Everything: Coronavirus Causes The Rapid Rise Of ‘No Touch’ Retail
March 28
The New York Times: David Chang isn’t sure the restaurant industry will survive Covid-19
Forbes: IRS Continues To Limit Operations Due To Coronavirus Crisis, But Will Still Issue Tax Refunds
CNBC: New Yorkers have until July 15 to file state tax returns, Cuomo confirms
Fox Business: Coronavirus stimulus checks: Should you wait to file your 2019 tax returns?
Forbes: How To Maximize Your Coronavirus Stimulus Check
March 27
The Hill:House passes $2 trillion coronavirus relief bill, with Trump to sign quickly
The Wall Street Journal: How the Coronavirus Paid Leave Rules Apply to You
Politico: House to pass $2 trillion coronavirus package — but not without last-minute drama
The Wall Street Journal: Construction Companies Lobby to Keep Working as Coronavirus Spreads
Fast Company: An official World Health Organization COVID-19 app is coming soon
March 26
Forbes: What To Do About Your Student Loans During The Coronavirus (COVID-19) Crisis
The Wall Street Journal: Small Businesses in Limbo as They Await Coronavirus Assistance for Them
Politico: More questions and answers about the coronavirus checks
Fast Company: Applying for a small business disaster loan? What to know about the COVID-19 stimulus package
Forbes: When You File Your 2019 Tax Return Will Impact Your Stimulus Payment
Tax Foundation: Tracking State Legislative Responses to COVID-19
Forbes: How Will The Coronavirus Bill’s Individual Tax Payments Work?
March 25
The Hill: White House, Senate reach deal on $2 trillion stimulus package
Politico: Here’s what’s in the $2 trillion stimulus package — and what’s next
Fast Company: Coronavirus stimulus checks: What we know so far
The Hill: New York Governor Cuomo: ‘Numbers don’t work’ in ‘terrible’ Senate stimulus package
Fast Company: What to do if you’re laid off during COVID-19: Start with these unemployment resources
Helpful Links:
2020 Tax Stimulus 