Businesses and non-profits: See our COVID-19 Client Resource Center for articles and vetted links regarding the COVID-19 crisis.

The COVID-19 blog features entries from McLaughlin, PC, regarding business operations, finances, legislation and other issues facing businesses and non-profits during and after the novel coronavirus crisis.

Details of the HEALS Act

Yesterday the U.S. Senate released details of the HEALS Act, which is the GOP-led stimulus package meant as a follow-on the bi-partisan CARES Act. The HEALS Act is an approximately $1 trillion stimulus package, considerably smaller than the Democrat's HEROES Act that passed in the House in May. The Health,…

Continue Reading

‘CARES Act 2’ Taking Shape This Week

With unemployment numbers high, small businesses struggling, and many lower-income workers facing evictions, Senate leadership returned to Washington to work on a bill that many are calling "CARES Act 2." In May, Democrats in the U.S. House of Representatives passed the Heroes Act, a $3 trillion stimulus bill designed to…

Continue Reading

PPPFA Brings New Flexibility and Clarity for PPP Loan Recipients

On Friday, June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act, or PPPFA, to address issues identified by small business owners regarding the previously-enacted Paycheck Protection Program, or PPP, which provided potentially-forgivable loans to eligible small businesses in the face of COVID-19. One of the…

Continue Reading

Video: Why We Built the COVID-19 Client Resource Center

We built the COVID-19 Client Resource Center to respond to our clients' needs, and we've been adding to it steadily to make it a valuable resource for our clients and other small businesses. When the effects of COVID-19 and the resulting shutdown started to hit many of our clients, we…

Continue Reading

HR 266: Details of Fourth Coronavirus Relief Package Announced

HR 266 is the House bill that will be considered today and likely serve as the vehicle that adds money to the Paycheck Protection Program and Economic Injury Disaster Loan funds this week. As we reported earlier, Congressional lawmakers and the Trump administration have been finalizing the fourth relief package…

Continue Reading

Business Resiliency During COVID-19 and Beyond

To help you build business resiliency as we battle with COVID-19 and anticipate future disruptions, we offer these seven recommendations to start working on now in your business or organization. It’s hard to fully comprehend the breadth of the health and economic consequences of the global crisis triggered by the…

Continue Reading
  • 1
  • 2
Close Menu