COVID-19 UPDATE 12
FINANCIAL ACTION STEPS TO BE CONSIDERED
IN RESPONSE TO RECENT CORONAVIRUS LAWS ENACTED BY THE PRESIDENT AND CONGRESS
UTCA has asked member firm CohnReznick to provide the Association with an analysis of the new federal financial programs that are available to individuals and businesses. While the federal regulations are still being developed by the various federal governing agencies, it is important that your firm be prepared to act when all of the procedures and application processes are finalized.
UTCA suggests that you should work very closely with your trusted advisors regarding the new assistance programs.
We will also follow up with a similar analysis regarding all of the State of New Jersey assistance programs that are moving forward.
______________________________________
If anyone has questions concerning this notice, please contact us at the UTCA office 732-292-4300.
