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WEBINAR: Accounting Innovation

11/12/2020

Join us for a free webinar on Thursday, November 12th from 2:00-3:00 PM (CST)/3:00-4:00 PM (EST). Over the past several months it has become more apparent than ever that running your business on the go is imperative. From streamlining accounts payable and accounts receivable processes to paying and receiving money electronically, we'll explore the tools you can implement today!

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WEBINAR: Understanding Single Audit Requirements for the Healthcare Industry

11/12/2020

As a result of receiving CARES Act funds in response to COVID-19, many healthcare organizations now will be subject to Federal audit requirements regarding the use of those funds. Join us for a free webinar on Thursday, November 12th from 10:00-11:00 AM (CST)/11:00-12:00 PM (EST).

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Selecting an Anti-Money Laundering Software for Your Institution

10/27/2020

(Part 1 of 3) Selecting your financial institution’s anti-money laundering (AML) software is a highly critical and usually expensive decision. There are five key decision-making steps to help avoid common pitfalls during the process: planning, implementation, initial testing, activity analysis, and ongoing maintenance. 

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2020 Year-End Tax Planning Highlights for Individuals

10/27/2020

As the year-end approaches, individuals should be reviewing their situations to identify any opportunities for reducing, deferring or accelerating tax obligations. Areas that should be looked at in particular include tax reform provisions that remain in play, as well as new opportunities and relief granted earlier in 2020 under the CARES and SECURE Acts. This article highlights specific areas and provides preliminary inflationary adjustment items for 2021 as of October 15, 2020.

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5th Annual Construction Industry UpdatePresentation Materials & Recordings

10/23/2020

Our 5th annual event discussed key issues expected to impact the construction business landscape in the coming year and beyond. Program materials and recordings are available on-demand.

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CARES Act Provider Relief Funds: Webinar Q&A

10/20/2020

For all of our clients and friends who attended Part IV of our CARES Act webinar series, we have attempted to consolidate all of the questions and our answers as of October 8, 2020. Please keep in mind that the situation is very fluid, that the answers to these questions may change based on future guidance. 

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Creating a Culture of InnovationFireside Chat

10/12/2020

Innovation is the first step/root cause to banks being truly innovative and serving their client base better, particularly important in a post COVID world. Saltmarsh shareholder, Kristen Stogniew, Esq., CFE, hosts this chat featuring personal stories and insights from community bankers Lindsey Blaise (President & CEO, Citizens First Bank), Patrick Sells (Chief Innovation Officer, Quontic Bank), and Dan Sheehan (Co-Founder, Professional Bank). 

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The Newest Internal Revenue Form

10/9/2020

“Oh, no…. not another IRS Form to complete!” 

This will be the reaction of several people that need to complete the new Non-Employee Compensation Form (Form 1099-NEC) which was just released by the Internal Revenue Service.

 

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WEBINAR MATERIALS: CARES Act Grants - Reporting Obligations & Latest FAQ Revisions

10/8/2020

Now that detailed reporting requirements and basic guidance addressing the single audit implications have been published, this webinar will focus on these critical obligations and more! Access materials here.

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Vanessa Nieto Earns Certified Public Accountant Designation

9/30/2020

We are excited to announce that Vanessa Nieto has officially been designated as a Certified Public Accountant (CPA).

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WEBINAR MATERIALS: Mandatory Compliance is Here - Is Your SNF Team Ready?

9/24/2020

Mandatory Corporate Compliance for skilled nursing centers is here! Our webinar will include an overview of Fraud and Abuse laws including the False Claims Act, compliance auditing and monitoring, how to demonstrate effectiveness, and the 60-day rule that applies to Medicare overpayments. Access webinar materials here.

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The Virtual Career Fair Playbook

9/22/2020

Career fairs! While it might feel like the world has stopped, recruiters are still working hard to pursue talent in this newly saturated job market. Whether you are entering the job market fresh out of school or are job hunting for the first time in a while, virtual recruiting is uncharted territory for all of us; try out these tips at your next virtual career fair to push yourself over the top and land that dream job!

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WEBINAR MATERIALS: Strategies for Maximizing PPP Loan Forgiveness, Part VII

9/17/2020

In this webinar we provide real-world scenarios to answer your common questions related to the deadline to file, payroll taxes, potential new bills, and latest guidance. Access webinar materials here.

 

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Benefits of Community Involvement for Young Professionals

9/9/2020

The benefits of community involvement are far-reaching – and not reserved for seasoned professionals deep into their careers. Navigating the world post-graduation may be daunting for young professionals but getting involved with community organizations can bring joy while preparing you for the workforce.

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ALLL: Do Big Banks Know Something that Community Banks Don't?

8/28/2020

Community banks are fighting many headwinds, the remote working environment, squeezed net interest margin, and deferral of loan payments to name a few. One thing most community banks may not have addressed is the need to increase their Allowance for Loan and Lease Losses (ALLL) for COVID-19 related risk.  

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WEBINAR MATERIALS: CARES Act Provider Relief Funds for Post-Acute & Long-Term Care Providers, Part III

8/27/2020

This webinar focused on the rules and guidance related to the CARES Act fund distribution, which have undergone near continuous updating and modification since these relief funds began to be distributed. Access webinar materials here.

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WEBINAR MATERIALS: Strategies for Maximizing PPP Loan Forgiveness, Part VI

8/20/2020

Our webinar provides real-world scenarios to highlight key aspects of PPP and answer your common questions related to the deadline to file, payroll taxes, potential new bills, and latest guidance. Access webinar materials here.

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Notice Season Has Arrived... What to Do Now?

8/20/2020

There are a few key things to do when you receive a tax notice so I want to take just a few minutes of your time to explain why these notices are being sent, how you can respond to them on your own, and when to get a professional involved.

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Bank CFO Update: Comments Regarding Recent Regulatory Guidance on Loan Modifications

8/18/2020

With all the attention on PPP loan origination and forgiveness, the issue of how to account for loan modifications has been left simmering on a back burner. In recent weeks, two regulatory releases provided helpful and practical guidance for community bankers already thinking about how best to consider the proper loan credit grade for loans impacted by COVID.

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Saltmarsh Named Among Top 200 U.S. Accounting Firms by INSIDE Public Accounting

8/13/2020

We have once again been ranked among the Top 200 accounting firms by INSIDE Public Accounting (IPA).

"Our firm grows through the success of our clients, and during these uncertain times our dedicated team has stepped up to provide quality client services that allows our clients to thrive," said Lee Bell.

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Bank Directors and Executive Management: Thoughts on Strategic Planning for 2020

8/11/2020

If you are like most community bankers, you are probably feeling about as refreshed and full of energy as a marathon runner at the 24-mile marker. Almost all community banks are facing the same basic banking challenges currently, and that list of challenges would be a great start in identifying the issues to discuss and consider during a Strategic Planning meeting in the current environment.

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Employers - Prepare to Comply with Year End Reporting Of Qualified Sick & Family Leave Wages Paid Under the FFCRA

8/11/2020

IRS recently issued Notice 2020-54 regarding employers’ requirement to report the amount of qualified sick leave wages and qualified family leave wages paid to employees under FFCRA (P. L. No. 116-127). The reporting requirement applies notwithstanding the fact that the employer’s out-of-pocket cost is zero after the federal reimbursement via payroll tax credits. 

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Impact of COVID-19 on Accounting Operations Part 2: Positioning Towards the Future

8/9/2020

As cities and states begin to re-open, and businesses start to transition into a post- lockdown economy, there will be short- and medium-term challenges that will need to be addressed. If you were able to weather the early storm and ensure that the necessary accounting processes were operational in a virtual environment, you are already off to a strong start.

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Impact of COVID on Accounting Operations Part 1: Immediate Actions to Take

8/9/2020

While the full effect of the pandemic is yet to be seen, companies of all sizes are contending with an economic and health challenge unlike any the United States has seen in generations. But what does this mean for your finance function? What steps should you take to manage your accounting operations throughout this global crisis? 

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Temporary Suspension of Reclamation Debits Scheduled to End August 17, 2020

8/4/2020

The Bureau of the Fiscal Service will remove the suspension that was instituted on April 2, 2020, regarding the process of debiting a Receiving Depository Financial Institution’s (RDFI) Federal Reserve Bank (FRB) master account. 

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How Businesses Can Securely Work From Home

8/4/2020

As the novel coronavirus continues to spread, many businesses are assessing how they can prioritize their employee safety and still maintain regular business operations.

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Reingruber Alert: Important CARES Act Provider Relief Fund Update

7/27/2020

View important updates regarding Provider Relief Fund (PRF) for the Healthcare industry in this Reingruber Alert.

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WEBINAR MATERIALS: Strategies for Maximizing PPP Loan Forgiveness, Part V

7/23/2020

Our webinar provides practical real-world scenarios to highlight key changes since the start of PPP, including current events, hot topics, potential new bills, and latest guidance on forgiveness applications. Access webinar materials here.

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Reingruber Alert: Temporary Expansion of AAP

7/23/2020

View recent information on the CARES Act and Temporary Expansion of AAP (Accelerated/Advance Payments) here!

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Understanding the Taxation of Telehealth

7/13/2020

Widespread implementation of telehealth has been crucial, but challenging, during the COVID-19 pandemic. As healthcare leaders continue to scale this technology, they’re also challenged with understanding the various regulations around taxation. In our latest insight, we explore how to tax telehealth appointments that cross state lines, the various types of telehealth and more.

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Nonprofit Organizations: Staying Functional and Safe In the Age of Coronavirus

7/13/2020

This article is aimed at helping nonprofit organizations plan to cope with the new challenges imposed by the coronavirus pandemic from the BDO "Nonprofit Standard" newsletter. The first part of the article focuses on matters external to the organization, while the second part focuses on internal matters. 

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Strengthening Internal Control in the COVID-19 Environment

7/13/2020

Due to its mission-driven purpose, a nonprofit organization’s financial and operational sustainability is significantly impacted by its environment. Now NFPs are facing the challenges of dealing with the results of COVID-19. As a result, management staff are asking themselves—are the internal controls that were once effective still operating in a manner to achieve our objectives in this unprecedented time?

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CARES Act Funds for Governments

7/13/2020

The CARES Act established the Coronavirus Relief Fund and appropriated $150 billion to the fund for COVID-19 related expenses for states, the District of Columbia, U.S. territories, tribal governments and local governments with populations over 500,000. Read more on the CARES Act regarding government payments from this recent BDO newsletter.

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Reforecasting Your Budget

7/13/2020

Most organizations have an established budgeting process. Whether the entity uses a robust performance management tool or a spreadsheet, there is likely a thoughtful process to predict the next year’s revenues and expenses. This article from the BDO "Nonprofit Standard" newsletter will give tips and guidance on how organizations can reforecast their own budgets.

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CARES Act Employee Retention Credit for Hospitals, Medical Groups and Healthcare Providers

7/12/2020

The CARES Act provides several incentives for hospitals and healthcare organizations. The Employee Retention Credit (ERC) is one of them and provides a refundable credit of up to $5,000 per employee to eligible employers.

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IRS Updates FAQs on CARES Act Employee Retention Credits and Payroll Tax Deferrals

7/12/2020

The IRS recently updated FAQs on the Employee Retention Credit (ERC) and payroll tax deferrals under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. These provisions encourage businesses to keep employees on their payroll during the COVID-19 global pandemic.

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Reingruber Alert: Medicare & COVID-19 Update

7/10/2020

There have been many due date extensions related to medicare cost reporting, credit balance reports, and more due to COVID-19. Learn the latest from CMS in this Reingruber Alert.

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Tax Season is (Almost) Over - Let Notice Season Begin!

7/9/2020

The IRS's local offices across the nation have been closed for over three months now. That means anything that has to physically be mailed to them during this time will just sit in the office, waiting to be opened when employees are allowed to return. What does this mean for your paper-filed returns?

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AICPA Issues Accounting Guidance for PPP LendersTechnical Questions and Answers (TQA) under Section 2130

7/2/2020

PPP lenders have had many questions about how to account for these types of loans and report on their arrangements. The AICPA and its Depository Institutions Expert Panel have released several Technical Questions and Answers (TQA) under Section 2130. We've summarized the TQAs related to PPP Loans here.

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CARES Act: Expanded Opportunities for Charitable Giving in 2020

7/1/2020

Included in the CARES Act are three changes to current tax law that impact the effect your charitable giving will have on your 2020 tax returns. These changes were made to not only stimulate the economy but also to encourage Americans to continue to support charitable organizations during these trying times. View these changes in this brief overview.

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WEBINAR MATERIALS: Strategies for Maximizing PPP Loan Forgiveness, Part IV

6/30/2020

Our webinar provides practical real-world scenarios and focuses on key considerations for PPP loan forgiveness, including the latest guidance on new forgiveness applications, and 8-week vs. 24-week decisions and pitfalls. Access webinar materials here.

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WEBINAR MATERIALS: CARES Act Provider Relief Funds for Post-Acute & Long-Term Care Providers, Part II

6/25/2020

The U.S. Department of Health & Human Services has been distributing $175 billion to hospitals and other healthcare providers in response to the COVID-19 pandemic. This webinar will review the terms, tracking, and reporting of these funds to post-acute and healthcare providers. Access webinar materials here.

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5 Things PPP Borrowers Need to Do Now

6/20/2020

The Paycheck Protection Plan Flexibility Act further enhances the opportunity for loan forgiveness by expanding requirements on how the loans are spent and extending the period to use the funds to 24 weeks, with the ability to elect the 8-week period if funds were received prior to June 5, 2020. Borrowers of PPP loans should consider taking these steps to maximize the amount and accelerate the timing of loan forgiveness.

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What Plan Sponsors Need to Know About Layoffs and Partial Plan Terminations

6/15/2020

While downsizing the workforce can help companies remain afloat, plan sponsors need to understand how these decisions could affect their retirement plans. If layoffs are significant, a partial plan termination may occur and create major financial implications for a plan sponsor.

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PPP Loan Forgiveness Assistance

6/11/2020

If your business has received a Paycheck Protection Program (PPP) loan from the Small Business Administration (SBA), you may be concerned about meeting the loan forgiveness requirements. Our team can assist with reviewing forgiveness applications that present questions or need additional analysis and are here to address your questions regarding overall forgiveness.

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Identifying Third-Party Senders for Financial Institutions

6/10/2020

The need to identify and control risk in ACH origination should be a top priority for all Originating Depository Financial Institutions (ODFIs). Identification of third-party senders is a key part of risk discovery. Below are some keywords that can be used to search your database and/or originator files to help identify possible third-party activity. 

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WEBINAR MATERIALS: Strategies for Maximizing PPP Loan Forgiveness, Part III

6/10/2020

Our presentation held on Wednesday, June 10th discussed the Paycheck Protection Program Flexibility Act (PPPFA), properly documenting expenses and answering frequently asked questions so you can maximize your PPP loan forgiveness. Access webinar materials here.

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More Flexibility for Paycheck Protection Program Loan Forgiveness and Payroll Tax Deferral (PPPFA)

6/9/2020

The Paycheck Protection Program Flexibility Act of 2020 (H.R. 7010) (PPP Flexibility Act), enacted on June 5, 2020, makes welcome changes to the forgiveness rules for Paycheck Protection Program (PPP) loans made to small businesses in response to the novel coronavirus global pandemic (COVID-19).

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Payroll Tax Credits & Deferrals Available Due to COVID-19

6/8/2020

There are many payroll tax credits and deferrals available for employers through the opportunities provided by the Family First Coronavirus Response Act, the Coronavirus, Aid, Relief, and Economic Security (CARES) Act, and other programs. We have created a list of what qualifies for a payment or credit.

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Family Wealth Planning in A Time of Uncertainty

6/7/2020

The full impact of COVID-19 is unknown. While we wait for questions to be answered many are asking what can we do right now? What’s next for our families? What's next for family businesses and the people who work for them? Planning for our future generations is the greatest gift we can give, particularly during times of uncertainty.

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Nacha's Upcoming ACH Contact Registry Rule Requirement

6/4/2020

Financial institutions constantly seek ways to contact and communicate quickly with other financial institutions about specific ACH payment issues and exceptions. Nacha created the ACH Contact Registry Rule (the Rule) to help facilitate this process. Effective July 1, 2020.

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CARES Act Brings Important Changes to Retirement Plans

6/4/2020

The CARES Act was signed into law on March 27, 2020. The $2.2 trillion emergency package represents a massive fiscal effort to lessen the impact associated with COVID-19 across many sectors of the country. This information provides a brief outline of the provisions within the bill that will have a direct impact on retirement plans, their participants, and their administration. 

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IRS Providing Changes to FSA's Due to COVID-19

6/1/2020

The IRS has issued guidance on the changes to flexible spending accounts to provide workers with more financial flexibility. Where previously the IRS required a Life Event/HIPAA qualifying event to make changes to flexible spending account Annual Elections, they have made the historical decision to allow employers to offer this mid-year opportunity to make changes available to their employees.

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WEBINAR MATERIALS: Strategies for Maximizing PPP Loan Forgiveness, Part II

5/28/2020

Our presentation held on Thursday, May 28th reviewed the latest guidance on properly documenting expenses for PPP loan forgiveness and the interim Final Rule. Access webinar materials here.

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SBA Loan Review Procedures and Related Borrower and Lender Responsibilities

5/27/2020

On Friday, May 22, 2020, the U.S. Small Business Administration issued guidance for the Paycheck Protection Program Requirements related to SBA Loan Review Procedures and Related Borrower and Lender Responsibilities. We have prepared a summary of this guidance for banks and credit unions.

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WEBINAR MATERIALS: CARES Fund Attestations, Tracking, and Reporting... Are You Ready?

5/21/2020

The first attestation deadline is May 24, 2020 – the date by which recipients must attest to the terms and conditions for the first tranche distributed on April 10, 2020. Are you prepared to attest and comply? This webinar reviews key aspects of the terms and conditions to these grants for Medicare providers. Access webinar materials here.

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IRS Increases Flexibility for Code Section 125 Cafeteria Plans Due to COVID-19

5/15/2020

The IRS has released two notices providing greater flexibility for employers who maintain Internal Revenue Code Section 125 cafeteria plans for their eligible employees: Notice 2020-29 and Notice 2020-33. Read the breakdown of these notices and the next steps one should take.

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WEBINAR MATERIALS: Strategies for Maximizing PPP Loan Forgiveness, Part I

5/14/2020

In response to the impacts of COVID-19, many businesses have received funding through the Paycheck Protection Program (PPP) under the recently passed CARES Act and we have held a webinar on key considerations for PPP loan forgiveness. Access webinar materials here.

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Reingruber Alert: CARES Funds Attestations

5/12/2020

There are new deadlines for attestation and submission of required data. Learn about the latest for general distributions, lost revenue, and CARES funds for healthcare providers in the Reingruber Alert.

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COVID-19 is Accelerating the Rise of the Digital Economy

5/8/2020

Digital transformation is necessary during this crisis, but that doesn’t mean it will look the same as it did before the pandemic. New problems and opportunities have come to light with greater urgency. For some businesses, the forces of disruption may be so great that the long-term strategic vision will need to be overhauled. 

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WEBINAR MATERIALS: How COVID-19 is Impacting Retirement Planning

5/7/2020

The Coronavirus Aid, Relief, and Economic Stimulus Act, or “CARES Act” brought important changes to retirement plans that every investor should be aware of. Learn about these changes, how they are impacting retirement planning, and what actions you should take to have an investment plan you can stick with to achieve peace of mind. Access webinar materials here.

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Impact Of The Cares Act On Financial Institutions And Specialty Finance Entities

5/6/2020

COVID-19 has created significant uncertainty for financial institutions and specialty finance entities. CFOs and financial leaders can help their organizations on the path back to growth by leveraging all applicable CARES Act provisions in their accounting strategies. Here are highlights of some of the key financial statement areas that are impacted by the CARES Act to date.

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Nonprofits and COVID-19: What is Your Strategy?

5/4/2020

As the COVID-19 crisis continues to have major global impacts, we expect that nonprofits will be among those most impacted as local economic impacts will likely cause a great increase in the need for services and assistance that nonprofits are uniquely positioned to provide. We have put together a checklist of topics and related resources that you may want to consider when creating a response plan that fits your needs.

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New Federal Reserve Guidance For The Main Street Lending Program

5/3/2020

In response to the more than 2,200 letters received, the Federal Reserve decided to expand the MSLP loan options available and modified eligibility requirements to extend the program to a greater number of affected businesses. Learn more about these notable changes and key eligibility criteria.

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CARES Act Impacts on Net Operating Losses: Frequently Asked Questions

5/3/2020

The CARES Act includes changes to the tax treatment of business net operating losses (NOLs) for corporations and other taxpayers. Given the significant role NOLs can play in increasing cash flow and helping to mitigate financial distress, we’ve compiled Frequently Asked Questions around NOLs to help break down the latest changes in the CARES Act and what they mean for your business.

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Exhausted Your Cares Act Paycheck Protection Program Options? Main Street Lending Can Provide Additional Liquidity

5/3/2020

The Main Street Lending Program, whereby the Treasury will carve out $75 billion of the available $454 billion under Title IV to make an equity investment in a special purpose vehicle (SPV), which will enable the flow of credit to small and medium-sized businesses that were in good financial standing prior to COVID-19. 

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WEBINAR MATERIALS: Staying Connected & Empowering Your Team Using Collaboration Tools

4/30/2020

When it comes to working remotely, using virtual tools, and leveraging technology, what can business owners and managers do today that will help ensure they emerge successfully from the COVID-19 pandemic? Access webinar materials here.

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Reingruber ALERT: COVID-19 CMS Updates

4/28/2020

View the recent Reingruber Alert for COVID-19 Updates regarding CMS, Medicare Accelerated Payments, and CARES Act Relief Fund general distributions.

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Questions for Audit Committees in Contemplating COVID-19 Impacts

4/21/2020

As audit committees weigh the practical challenges of accounting, reporting and disclosing the impacts of COVID-19, the following series of questions are designed to assist audit committees in execution of their oversight roles and responsibilities to ensure the performance of high-quality audits and issuance of transparent and reliable financial reporting.

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WEBINAR MATERIALS: Strategies to Propel Your Business Beyond the Pandemic

4/21/2020

As businesses begin to think beyond the current COVID-19 crisis and, in many cases, emerge from several weeks of unprecedented disruption, what can business owners and managers do today to help ensure they emerge successfully? Access webinar materials here.

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Mitigating Pandemic-Driven Supply Chain Risks

4/21/2020

While the novel coronavirus is front and center, it isn’t the only issue plaguing supply chains. Even before the virus became a pandemic, businesses had begun to re-evaluate their supply chains following the U.S. trade tensions of the past year.

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All Employers Can Defer Employment Tax Deposits Until Paycheck Protection Program Loan is Forgiven

4/21/2020

The IRS has issued frequently asked questions (FAQs) on the payroll tax deferral opportunity provided by the Coronavirus, Aid, Relief, and Economic Security (CARES) Act (Public Law 116-136). Under that provision, employers of all sizes (including tax exempt/non-profit employers) can defer the deposit and payment of the employer's share of Social Security taxes.

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How Restaurants Can Navigate PPP Loans As Guidance Evolves

4/21/2020

Over the past few weeks, we’ve had a chance to see the PPP provisions play out in real time within the restaurant industry. While restaurants that are recipients of PPP loans have cash, it remains unclear whether they will be able to spend the cash within the current guidelines of the PPP provisions.

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COVID-19 Impacts Ongoing Concern Assessments

4/21/2020

The current uncertainty continues to evolve and will make it difficult for organizations to evaluate the impact on their ability to obtain, extend, or renew credit agreements, or they may experience a material adverse event, which could trigger debt to come due or other loan covenant violations.

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Documentation & Accounting for PPP Loan Forgiveness

4/21/2020

As many of our clients have already started receiving their Payroll Protection Program (PPP) loan proceeds, the Saltmarsh COVID Recovery Response Team is recommending guidelines for how these loans should be handled, both from the operations and accounting (recording on the books) standpoints.

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A Return to Work in the New NormalHow companies should plan to return to work and emerge from COVID-19 stronger and smarter.

4/21/2020

As the response to the COVID-19 pandemic progresses, many companies have established operational crisis management teams and adjusted to global restrictions on work and movement. Executives are now beginning to ask the question: How are we going to return to work?

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COVID-19 Payroll Tax Relief - Credits & Deferral

4/21/2020

Two COVID-19 aid packages recently became law that deliver federal assistance to employers by providing them credits against their payroll taxes. Taken together, these provisions provide significant relief for employers that continue paying wages to employees.

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Federal Reserve Announces Main Street Business Lending Program as Part of Additional Actions to Provide Economic Aid

4/20/2020

On April 9, the Federal Reserve announced additional actions it will take to provide up to $2.3 trillion in loans to support the U.S. economy. The Federal Reserve believes this funding will assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic.

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Reingruber Alert: CARES Act Provider Relief Fund

4/15/2020

Through the CARES Act, $30 billion is being distributed immediately to eligible Medicare providers throughout the American healthcare system. These are payments, not loans, to healthcare providers, and will not need to be repaid.

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IRS Extends Tax Filing and Payment Deadlines

4/14/2020

April 15th filing and payment deadlines extended until July 15th – On Thursday, April 9th, the U.S. Treasury issued Notice 2020-23 to further amplify relief provided in previous notices, including Notice 2020-18, which postponed the due date of federal income tax returns from April 15, 2020 to July 15, 2020.

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