The COVID-19 outbreak has wide-ranging implications for individuals, businesses and institutions. Our professionals are committed to helping you stay informed with updates and guidance.

ON-DEMAND WEBINAR - New Year, New Stimulus Bill: Live Webinar on Latest COVID Relief Legislation
January 7, 2021 | VIEW NOW +
ON-DEMAND WEBINAR - COVID-19: The Impact on Your State Residency and Taxation
November 9, 2020 | VIEW NOW +
Important Links
As part of our ongoing effort to support those dealing with the impact of the COVID-19 crisis, we are monitoring alerts and updates from federal, state and local governing bodies and sharing them here. These will be updated regularly.
Federal, State and Local Tax:
- Coronavirus Tax Relief - IRS
- IRS Filing and Payment Deadlines Questions and Answers
- Treasury Department Coronavirus Resources
NYC:
- Up-to-date information from the NYC Department of Health
- Assistance & Guidance for Businesses Impacted Due to Novel Coronavirus – NYC Small Business Services
Pennsylvania:
- COVID-19 Information for Businesses - Pennsylvania Department of Health
- COVID-19 Planning Guidance for Businesses and Nonprofits - City of Philadelphia
New Jersey:
Nonprofit:

NEW YORK STATE BUDGET PROVIDES ADDITIONAL RELIEF FOR THE THEATER INDUSTRY
On April 6, 2021, Governor Andrew Cuomo announced the fiscal year 2022 budget for New York State. Included in the budget is additional COVID relief for small businesses, including those in the theater industry, to help them recover from the pandemic. READ MORE +
NEW YORK STATE BUDGET CHANGES: TAX INCREASES, SALT CAP WORKAROUND AND ADDITIONAL COVID RELIEF
On April 6, 2021, the New York State Legislature and Governor Andrew Cuomo came to an agreement on the state’s operating budget for the fiscal year that began on April 1, 2021. READ MORE +
PRESIDENT BIDEN SIGNS PPP APPLICATION EXTENSION INTO LAW
On March 30, 2021, President Biden signed into law H.R. 1799, the “PPP Extension Act of 2021,” which extends the Paycheck Protection Program (PPP) application deadline to May 31, 2021. READ MORE +

FAMILIES FIRST CORONAVIRUS RESPONSE ACT (FFCRA) STILL AVAILABLE AND POTENTIALLY VALUABLE
Early last year Congress enacted the “Families First Coronavirus Response Act (FFCRA)” as a way to help businesses with employees diagnosed with or exposed to COVID-19 offset some of their payroll costs. READ MORE +
FEDERAL PROGRAM OFFERS RELIEF TO SHUTTERED ENTERTAINMENT VENUES
The Shuttered Venue Operators Grant (SVOG) program includes $15 billion in grants to help shuttered entertainment venues stay in business long enough to return once the COVID-19 pandemic is over. READ MORE +
COVID-19’S IMPACT ON YOUR FINANCIAL STATEMENTS
Due to the fast-changing business environment, unprecedented market volatility and other circumstances resulting from the COVID-19 pandemic, many companies are uncertain of the full extent of COVID-19’s impact on their business’ future, including their financial statements. Following are some key factors that should be considered when preparing your most recent year-end financial statements. READ MORE +
COVID-19 SERVICES
Contacts
Hassan Khan
Principal, Technology Services
212.201.3002
hkhan@markspaneth.com
hkhan@markspaneth.com
Dean Boyer
Director, Technology Services
267.768.3839
dboyer@markspaneth.com
dboyer@markspaneth.com