Covid-19, Take Three

We just wanted to touch base with you and give you a few more ideas.

As you may be aware, the third bill has not been passed yet by the Senate (maybe this afternoon!). Based on our 5 th grade social studies classes, it will then need to be passed by the House. At that point, it will be sent to the President for signing. We will be offering an overview of the bill once all of that has happened.

We are still waiting on additional clarification of the second bill. Hopefully with the passing of the third bill, we will have some better information for all of you.

Additional recommendations (see previous Eblasts for recommendations):

-           If you have greater than $250,000 in a bank account, please remember that the FDIC only insures up to $250,000 so you will want to set up another account in another bank. We wish this advice applied to us but it does not.

-          One of our ADCPA members (Art Wiederman representing one of our three CA offices) is doing a three-day webinar with a group of dental “luminaries” starting today at 5:00 PM. The link to this webinar is:

          
Art has been working on up-to-the minute information for all of our dentists. The schedule is as follows:

Wednesday at 5:00 PM (all of these are EDT)
Thursday at 2:00 PM
Friday at 12:00 PM
Please register if you are interested.

Stay tuned for our Covid-19 Take Four Eblast which should cover the third bill in Congress. We expect it to have some actions you may want to take to assist you in this new world we are occupying. We expect the bill to provide more availability of loans from the SBA, additional guidance on student loan deferrals (payments and interest) and more assistance for small businesses in a variety of other ways.

Again, please also refer to the links and the action plan we sent out on Monday (Take Two) of this week.

As always – stay safe, stay sane and be patient!   

COLEMAN, UREDA, ALFORD & KAUCHER, PA