PAYCHECK PROTECTION PROGRAM (PPP) INFORMATION SHEET: BORROWERS
The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees...
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Denise Hue
- Apr 3, 2020
- 1 min
Maine Income Tax Payment and Filing Deadline Extended
The State of Maine will extend the deadline for Maine income tax payments from April 15, 2020, to July 15, 2020. The change aligns with...
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Denise Hue
- Apr 3, 2020
- 1 min
Federal Income Tax Return and Payments Due Date Extended to July 15, 2020
The federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal...
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Denise Hue
- Apr 3, 2020
- 2 min
Economic impact payments: FAQs
How much is the economic impact payment? Eligible taxpayers who filed tax returns for either 2019 or 2018 will automatically receive an...
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Denise Hue
- Apr 2, 2020
- 10 min
Maine Unemployment Insurance FAQs Regarding COVID-19
Governor Mills’ COVID-19 emergency legislation (LD 2167), which was enacted by the Legislature and signed into law March 18th, included...
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Denise Hue
- Apr 2, 2020
- 3 min
Economic Impact Payments to Individuals
Check IRS.gov for the latest information: No action needed by most people at this time March 30, 2020 WASHINGTON — The Treasury...
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Denise Hue
- Apr 2, 2020
- 1 min
Social Security Recipients Will Automatically Receive Economic Impact Payments
April 1, 2020 WASHINGTON – The U.S. Department of the Treasury and the Internal Revenue Service today announced that Social Security...
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Denise Hue
- Apr 2, 2020
- 4 min
Families First Coronavirus Response Act: Employee Paid Leave Rights
The Families First Coronavirus Response Act (FFCRA or Act) requires certain employers to provide employees with paid sick leave or...
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Denise Hue
- Apr 2, 2020
- 1 min
PAID SICK LEAVE (Families First Coronavirus Response Act)
Each covered employer must post a notice of the Families First Coronavirus Response Act (FFCRA) requirements in a conspicuous place on...
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Denise Hue
- Apr 2, 2020
- 1 min
SBA Coranavirus Disaster Loans
Areas eligible for SBA disaster loans Small business owners in all U.S. states and territories are currently eligible to apply for a...
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Denise Hue
- Apr 2, 2020
- 2 min
SBA Paycheck Protection Program (PPP)
Program Overview The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their...
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Denise Hue
- Apr 2, 2020
- 4 min
CARES Act Tax Provisions
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, H.R. 748, which passed the Senate by a 96-0 vote late on Wednesday,...
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