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.

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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.

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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.

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CARES Act restaurant tax provision

Not sure what in the Coronavirus Aid, Relief and Economic Security Act (CARES Act) applies to restaurant businesses?

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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.

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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.

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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.

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COVID-19 employee retention credit

To counteract the effects COVID-19 is having on the economy and businesses, the Internal Revenue Service recently announced the Employee Retention Credit.

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CARES Act – What this means for local governments

Brian Hemmerle, Government and Audit Partner with Henry+Horne walks you through the CARES Act and how it impacts governments.

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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.

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Schools and deadlines during COVID-19

Schools are closed as a preventative measure due to the COVID-19 outbreak. How does that affect the March 31 deadline?

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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.

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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.

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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.

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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%.

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Privacy in the time of pandemic

Personal data is being used to fight the pandemic but at what cost to privacy?

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Resources for restaurants during COVID-19 crisis 

Here are some resources for restaurant businesses to help them keep the lights on. 

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COVID-19: What should nonprofits focus on during this time? 

Nonprofits have been hit particularly hard during this crisis, losing donations and volunteers. What should your focus be? 

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SBA disaster relief loans are available 

If you’re struggling to pay bills or meet payroll, a low interest SBA loan may be your answer. 

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How the payroll tax credits works for COVID-19 related sick leave 

The IRS explains the Families First Coronavirus Response Act payments and credit for sick time. 

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Henry+Horne update on the stock market and economy 

Henry+Horne Wealth Management President Michael Carlin discusses the current financial situation and what your best options are. 

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IRS releases FAQs on filing and payment deadlines 

In response to the coronavirus emergency, the IRS delayed some deadlines for the tax season. 

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Arizona clarifies who is considered essential personnel 

Governor Ducey released a list of essential personnel and industries. Here’s who’s on  it. 

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Stock market takes COVID-19 pummeling 

It’s no secret the stock market has suffered greatly during this pandemic. Here’s what that means for you. 

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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.” 

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Emergency aid act helps those affected by COVID-19 

We dug into the The Families First Coronavirus Response Act to help you understand how it affects your business. 

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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. 

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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. 

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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. 

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