We have complied resources to help provide information to our team and our clients during this pandemic. We understand that each individual and business is affected and we are here to help. Please contact us regarding specific questions you may have during this time.
CORONAVIRUS ECONOMIC RELIEF BILL – CARES Act *Updated 3/27/20*
President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27th, 2020.
RSM CORONAVIRUS RESOURCE CENTER
As an RSM US Alliance Firm, DPVB has access to tools and resources from RSM. RSM has developed a Coronavirus Resource Centered aimed at helping business and providing resources.
CALIFORNIA DEPARTMENT OF PUBLIC HEALTH
For updates on the COVID-19 as it pertains to California with information on how to protect yourself, as well as an update on number of cases. This site also includes various links to the CDC and the Governor’s office.
CAL CPA RESOURCE FOR FEDERAL AND STATE AGENCY UPDATES
This resource by Cal CPA has updates regarding various agencies on tax, Single Audits, and legislative proposals to watch.
NY TIMES ARTICLE ON FINANCIAL STRATEGIES AND PAYMENT RELIEF
If your income has fallen or cut off completely, this resource will connect you to information on government benefits, free services, payment relief and financial strategies.
INDUSTRIES AFFECTED BY CORONAVIRUS
Industries are being affected by COVID-19 in various ways. This resource by Vertical IQ gives information by industry and developments on how this pandemic is affecting your industry.
Tax – Federal
IRS EXTENDED FILING DEADLINE AND FEDERAL TAX PAYMENTS TO JULY 15
The IRS has announced an automatic extension of the April 15th filing date to July 15th, and tax payments can also be deferred to July 15th.
HOW EMPLOYERS CAN ASSIST EMPLOYEES IMPACTED BY MAJOR DISASTERS
Qualified disaster relief payments under Section 139.
IRS UNVEILS NEW PEOPLE FIRST INITIATIVE
To help people facing the challenges of COVID-19 issues, the Internal Revenue Service announced a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing compliance actions.
Resources – Federal
IRS CORONAVIRUS TAX RELIEF
The IRS has established a special section focused on helping taxpayers, businesses and others affected by the Coronavirus. This resource has information regarding the tax filing dates, and paid leave for workers and tax credits for small and mid-sized businesses to swiftly recover the cost of providing Coronavirus-related leave.
FAMILIES FIRST CORONAVIRUS RESPONSE ACT *UPDATED 3/26/20*
The U.S. Department of Labor (DOL) published guidance to help employers comply with these new requirements that go into effect on April 1, 2020. The DOL indicated that this guidance is the first round of compliance assistance and that more information will be released in the near future.
Tax – State
STATE OF CALIFORNIA FRANCHISE TAX BOARD TAX FILING EXTENTION TO JULY 15
The State of CA postpones tax deadline until July 15th
AICPA STATE TAX FILING GUIDANCE FOR ALL STATES
This resource provides filing dates by state for those outside of California, and is updated with any changes.
Resources – State
CALIFORNIA STAY AT HOME ORDER
The California State Public Health Officer and Director of the California Department of Public Health is ordering all individuals living in the State of California to stay home or at their place of residence, except as needed to maintain continuity of operation of the federal critical infrastructure sectors. This resource gives information regarding frequently asked questions as well as a listing of Essential Critical Infrastructure Workers.
EDD CORONAVIRUS 2019 RESOURCES
The EDD provides information for employers, employees and self employed regarding reduced hours, business closures and layoffs, 60-tax extension request for state payroll tax deposits and reports.
SMALL BUSINESS ADMINISTRATION LOANS
The SBA is working with State Governors to provide low-interest loans to small businesses and non-profits that have been severely impacted by COVID-19. The SBA website has resources, guidance, and contact information for applying for a loan for your business. Find Local Assistance