COVID-19 Resources for Our Clients

On this page, we’ve compiled our articles, links, videos, and resources to help our clients address tax and practice management issues relating to COVID-19. We will continue to post updates on this page as they become available.

Guides & Applications:

Donate PPE:

For Individual Taxpayers:


Penalty-Free Retirement Plan Distributions

Let me start by saying that retirement accounts for working people should be used only as a last resort. That being said, the CARES act includes a provision allowing you to withdraw up to $100k from your IRA or work Retirement Plan penalty-free if you are affected by...

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Student Loan Forgiveness

The CARES Act includes a provision suspending payments and waiving the interest on any federal student loans through September 30, 2020. Please go online with your loan servicer to make sure that they are following through on this valuable break from paying these...

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COVID-19 Stimulus Payments

In the Coronavirus Bill passed today by Congress, most adults will get $1,200 stimulus payments and do not need to file any type of application to get this relief. There is an income threshold, however. Single filers with an AGI of $75k or less will get the full...

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Filing Info & Relief For Individual Tax Payers

Update 3.27.2020 Massachusetts and New York have officially extended the tax deadline date to July 15, 2020 which matches the IRS extended deadline date. Read MA DOR Announcement Info for Individual Taxpayers: The IRS relief provisions resulting from COVID-19 might be...

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For Practice Owners/Employers:

A good guide from U.S. Chamber of Commerce – Coronavirus Emergency Loan Small Business Guide & Checklist

Instructions to completing the EIDL Application

We’ve received numerous calls and emails about completing the EIDL Application with the SBA. Now that I’ve spent some time looking at the forms and limited instructions, I see why. Here are line by line instructions (based on my understanding of how they should be...

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Opportunities for Small Employers

The CARES Act focuses on helping small employers with less than 500 employees keep their doors open and retain their staff. Let’s first take a look at the forgivable loan being offered. Known as SBA 7(a) loans, the rules move the processing of these loans from the...

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Repost of ADA Article – CARES ACT Relief Bill

REPOST FROM ADA (American Dental Association): Senate passes CARES Act, 3rd COVID-19 relief bill Hello, Fellow Dentists: For the last few weeks, the American Dental Association has advocated on your behalf as federal lawmakers debate the best way to respond to the...

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Practice Loans-Relief from Lenders

We reached out to our network of lenders to see what they plan to offer as relief to Practice owners. Here’s a sampling of what they said. - Official announcements will be coming directly from the lenders shortly. For any existing clients, our solutions range from...

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SBA Disaster Assistance in Response to the Coronavirus

Last week, we posted information and a link to a Small Business Recovery Loan offered by MA Growth Capital Corporation at: It turns out that program was woefully underfunded and...

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Unemployment FAQS

We recently posted information and links regarding some of the rules for practices that need to shut down temporarily and have their staff (and themselves) collect unemployment. The Mass Dental Society put out a great memo on Staffing Considerations in Connection with...

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Two New Refundable Payroll Tax Credits

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-related leave IR-2020-57, March 20, 2020 WASHINGTON — Today the U.S....

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Practice Owners-Small Business Recovery Loan

There’s a small business recovery loan being offered to small businesses to help with cash flow during closures.   This is being offered by MA Growth Capital Corporation.

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