Henry+Horne is dedicated to providing you all the information you need to navigate through your finance and tax needs during the coronavirus (COVID-19) crisis. Continue checking this page for news updates, best practices and tips.
Paycheck Protection Program Webinar
The federal government is working hard to alleviate the strains of COVID-19. Henry+Horne walks you through the Paycheck Protection Program.
Subject matter up to date as of April 3, 2020. Subject to change
Governor Ducey issues orders on Commercial Evictions
The order requires tenants notify their landlord of the COVID-19 circumstances and the landlord is encouraged to work with the tenant on adjusting or deferring rents, waiving late fees, penalties and interest.
Paycheck Protection Program FAQs
The PPP program promises relief for businesses and employees but has so far brought only a lot of confusion. The US Treasury is attempting to clarify the rules.
Coronavirus, Aid, Relief and Economic Security Act (CARES) FAQs
In the fight against COVID-19 and the damage the pandemic has done to the economy, congress enacted the Coronavirus, Aid, Relief and Economic Security (CARES) Act. A key provision deals directly with retirement plans and sponsors.
COVID-19 – The Importance of maintaining segregation of duties
Work-from-home mandates intended to stop the spread of the COVID-19 virus have many of us in uncharted territories, which is causing us to react and change the way our organizations operate.
Arizona Together offers clearinghouse for information and resources
Not sure where to file for unemployment? Need healthcare? Running low on food? Trying to keep your business running? You may find what you’re looking for here.
Reimbursement by government of amounts paid for sick leave and family leave due to coronavirus
The Families First Act was signed into law prior to the CARES Act and provides for government reimbursement of amounts employers pay to employees for sick leave and family leave due to COVID-19.
Take CARES – Impact to employee benefit plans
In response to the impact of COVID-19 congress passed the Coronavirus Aid, Relief and Economic Security Act or the CARES Act, impacting retirement plans.
COVID-19 stimulus law – Paycheck protection program
The paycheck protection program provides low interest partially forgivable loans to businesses to help keep doors opened and employees paid.
CARES Act – Forgivable government loans for nonprofits
The Paycheck Protection Program provides for a forgivable loan that can be obtained through an SBA lender under the SBA 7(a) loan program.
Overview of stimulus package
The $2 trillion stimulus bill has been passed into law. This graphic outlines exactly what’s in the bill. Please note the charitable contributions in the pdf are 60% not 50%.
COVID-19 expenses eligible for tax free qualified disaster assistance from employers
Now that COVID-19 has been declared a national emergency, Internal Revenue Code Section 139 allows employers to make tax-free payments or reimbursements to employees as “qualified disaster payments.”
Data security during the COVID-19 pandemic is more important than ever
Companies across the globe are quickly pivoting to adapt to new ways of doing business in order to keep their business going while people lock down. One consideration that should be top of mind for all companies is how to protect your data, security and privacy.
Henry+Horne closes doors to visitors but remains open (March 23, 2020)
Henry+Horne has been closely monitoring coronavirus (COVID-19) developments and complying with the current guidance from public health organizations and the federal, state and local governments. To that end, beginning on Tuesday, March 24, 2020, Henry+Horne will no longer allow external visitors access to any of our offices.
Tips for helping restaurants deal with COVID-19
Struggling to think of ways to keep your restaurant business going during the coronavirus (COVID-19) crisis? Here are some ideas we hope will help.