• What You Need to Know
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• COVID-19 Cases in the U.S
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What is the Federal Government Doing in Response to COVID-19?

Coronavirus COVID-19 Global Cases by the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University (JHU)

Projections of the Spread of Coronavirus (COVID-19) based off specific factors and broken out by country or state.

• The questions continue to outnumber the answers, while the virus continues to infect people, markets and the economy.
• Monetary and fiscal stimulus can serve as triage; but they’re not the cure.
• Investor sentiment and market technicals are at extremes; but valuation analysis is pointless.

The historic $2 trillion bill that was passed by the U.S. Senate late Wednesday to confront the coronavirus crisis will reach into many aspects of American life and business to stave off at least some of the economic damage to wrought by the pandemic.

The one certainty of investing is that your portfolio will experience volatility. Further, volatility can trigger emotional responses that may cause investors to make irrational decisions that could lead to missed opportunities. Prudent investors stay the course, with the understanding that investment success is not just a matter of how well you do in up markets but also how well you weather the downside.

The Treasury Department announced on March 20, 2020 that the Federal filing deadline for 2019 individual income tax returns has been automatically extended to July 15, 2020 with the IRS releasing official guidance in IRS Notice 2020-18 with details on the extended deadline.

Select Nations, Population Size, Infections, Fatalities, and Date of 1st Infection

This roadmap provides a summary of federal tax and accounting activity relating to the novel coronavirus (COVID-19). It was prepared by Bloomberg Tax & Accounting staff and was last updated on March 27, 2020.

Crystal Watson, senior scholar at Johns Hopkins Center for Health Security, shares best practices and tips for responding to coronavirus outbreak

What you need to know: check IRS.gov for the latest information. No action needed by most people at this time.

The U.S. Small Business Administration on Thursday issued an interim final rule for the Paycheck Protection Program (PPP), which is offering $349 billion in forgivable loans that small businesses impacted by the coronavirus pandemic can use to cover costs including payroll and rent. 

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Coronavirus disase (COVID-19) advice for the public

Based on these collective discussions and our understanding of the intent of the PPP program, the AICPA is making the following broad recommendations for lender documents as well as providing direction on a few key calculations.

The economic impact of the coronavirus (the virus that causes COVID-19) on small businesses is unprecedented. As you’re looking to secure the future of your business, there are opportunities for help through the U.S. Small Business Administration (SBA) loans.

The economic landscape for many small businesses has changed dramatically because of COVID-19. If your business has been affected, loans from the Small Business Administration (SBA) may be able to help you stay afloat, pay your employees and cover other expenses. Here are highlights of the new or expanded programs.

Summary of all SBA loans available now due to COVID-19 and programs that existed before and have not changed.

Right now, many businesses are facing financial hardships as a result of the COVID-19 pandemic and are having to make tough decisions about whether to keep employees, or to layoff or furlough them. 

Clarification of seven myths about the stimulus checks. Here’s what you need to know, from whether or not they are taxed to how long it will take for them to hit your bank account.