COVID-19 / Coronovirus Updates / Links

We will continue to update this page as more information becomes available.

Office Hours/Access – Updated 11/13/2020

On November 13, 2020 Oregon Governor Kate Brown issued a statewide 2-week “Freeze” order.  As part of that our office will be closed to the public beginning Wednesday November 18, 2020 for at least two weeks.  As a result:

1. If you are dropping off tax planning documents or bookkeeping or payroll information, please leave them on the table just inside our front entry. We have provided envelopes, should you need one.  We will be collecting your items as soon as you leave and will get them to the proper individual.
2. If you have been called to pick-up information it will be placed in a sealed envelope on the same table with your name on it.
3. If you need to discuss anything with us please do not hesitate to call 541-276-3521.

We greatly value our relationship with all our clients and appreciate your understanding as we navigate these difficult times.  If you have any questions or concerns please do not hesitate to contact us.

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, H.R. 748

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress with overwhelming, bipartisan support and signed into law by President Trump on March 27th, 2020.  This over $2 trillion economic relief package delivers on the Trump Administration’s commitment to protecting the American people from the public health and economic impacts of COVID-19.  Link to US Treasury site:  https://home.treasury.gov/policy-issues/cares

Small Business Administration (SBA) Disaster Relief Loans:

Paycheck Protection Program – loans to affected, eligible small business that can, potentially, be forgiven if certain requirements are met:  https://www.sba.gov/funding-programs/loans/paycheck-protection-program-ppp

SBA Small Business Guidance and Loan Resources:  https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources#section-header-2

US Senate Committee on Small Business & Entrepreneurship guidance on CARES Act items for Small Businesses:  https://www.sbc.senate.gov/public/index.cfm/guide-to-the-cares-act

Coronavirus-related Relief for Paid Leave for Workers

US Treasury, IRS and Department of Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave.  For more information visit https://www.irs.gov/newsroom/treasury-irs-and-labor-announce-plan-to-implement-coronavirus-related-paid-leave-for-workers-and-tax-credits-for-small-and-midsize-businesses-to-swiftly-recover-the-cost-of-providing-coronavirus

Links

IRS Coronavirus Tax Relief and Information site –  https://www.irs.gov/coronavirus

IRS 2019 Filing and Payment Deadline Extension Q&A – https://www.irs.gov/newsroom/filing-and-payment-deadlines-questions-and-answers

Oregon Department of Revenue COVID-19 Tax Relief Options site – https://www.oregon.gov/dor/Pages/COVID19.aspx

Oregon Department of Revenue Director’s Order FAQ-https://www.oregon.gov/dor/Documents/Director-Order-QA.pdf

Oregon Society of CPAs COVID-19 Resources and Information – https://www.orcpa.org/news-resources/20:covid-19/category

American Institute of CPAs COVID-19 Resources and Information – https://www.aicpa.org/content/aicpa/news/aicpa-coronavirus-resource-center.html