التصنيف: Business

IRS Provides Guidance for new Paid Leave Programs

Included in the Families First Coronavirus Response Act passed by Congress was the establishment of two new paid leave programs impacting employers under 500. The U.S. Internal Revenue Service (IRS) has issued preliminary guidance for employers to implement these new programs. You can view this

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State Emergency Business Loan Fund Announced

Today Governor Tim Walz issued an executive order (20-15) authorizing The Minnesota Department of Employment and Economic Development (DEED) to create an emergency loan program to help Minnesota small business owners who need immediate assistance to meet their families’ basic needs during COVID-19 closures. This

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Essential Services Survey

As discussion continues on whether Minnesota will move to a “shelter in place” directive, we welcome your thoughts on the process for determining “essential services” to ensure we are advocating for a thoughtful process to include a comprehensive exemption for “essential services” to protect critical

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Six Tips for Financial Wellness in the Coronavirus Era

Below is a member guest submission from Lutheran Social Services via their blog. With change and uncertainty around COVID-19, you may feel greater anxiety, worry and stress — especially around personal finances. Some of us are facing the possibility of reduced income with fewer hours

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Helping Minnesota Businesses during COVID-19

The following is the text of a news release from the MN Department of Employment and Economic Development. We care deeply about your business and are actively working with state and federal partners on measures to assist businesses through this unprecedented time. DEED is regularly

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UPDATED: COVID-19 Tax Issues for Businesses

The Federal Government and State of Minnesota have taken several steps related to taxes to help mitigate the impact of COVID-19 on businesses. Below is a summary of these actions (current as of 2:15 pm March 20) and links to additional resources.

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