Coronavirus Resource Page

CARES Act FAQ: Paycheck Protection Program

On March 27th, President Trump enacted the Coronavirus Aid, Relief, and Economics Security (CARES) Act. The historic $2.2 trillion stimulus bill includes a $349 billion paycheck protection program (PPP) that targets aid to small businesses dealing with losses resulting from the coronavirus pandemic. Read More »


CARES Act Tax Provisions Summary

The Senate passed The Coronavirus Aid, Relief, and Economic Security (CARES) Act, H.R. 748 earlier this week. The House is expected to pass it shortly and it is also expected that the President will quickly sign it into law.  Read More »


A Look at the CARES Act Provisions that Impact Nonprofits

On March 25, 2020 the United States Senate passed a sweeping $2 trillion stimulus package designed to abate the economic damages caused by the coronavirus (COVID-19) pandemic. Read More »

Update on Coronavirus Relief Efforts – Families First Coronavirus Response Act

The Families First Coronavirus Response Act, H.R. 6201 (the “Act”) passed by Congress on March 18, 2020, expands sick leave protection and unemployment benefits to workers, while also providing employers and self-employed individuals with certain tax credits to offset the related cost. Read More »

Federal Tax Filing Deadline Extended to July 15

Over the weekend, the Pennsylvania Department of Revenue announced an extension for 2019 Personal Income Tax Returns..  Read More »

Louis Plung & Company Office Operations Update

As you have most likely aware, Governor Tom Wolf ordered all non-life-sustaining businesses in Pennsylvania to close their physical locations effective 8 pm on March 19, 2020.  We have been preparing for this possibility and have had a remote contingency plan in place. We have now fully activated that plan. Read More »

Coronavirus Disaster Assistance

The U.S. Small Business Administration (SBA), which has been a resource for small business owners and entrepreneurs in the U.S. since 1953, recently released a list of disaster-relief measures in response to the COVID-19 pandemic. Read More »

Do I Qualify for Paid Sick Leave Under the New Coronavirus Act?

On Wednesday, March 18, President Trump enacted a coronavirus emergency relief package, the Families First Coronavirus Response Act. The legislation includes relief for American workers required to take time off work because of the coronavirus, the Emergency Paid Leave Act of 2020. Read More »

Resources for Small Businesses in Crisis

Many small businesses are reeling from the impact of the COVID-19 pandemic. Louis Plung & Company is here to help. We have gathered a list of helpful resources for small businesses to turn to during this unprecedented time. Read More »

Charting New Territory: Business Strategy During the COVID-19 Outbreak

As the COVID-19 pandemic continues to unfold, business owners are facing a lot of uncertainty. It is not possible to know with confidence how events will continue to evolve over the next days, weeks, and months. However, there are some key steps that business owners can take to strive to mitigate damages and put themselves in the best possible position during this unprecedented time. Read More »

8 Areas Where Small Businesses Should Anticipate Disruption

For more than six decades, the U.S. Small Business Administration (SBA) has been a resource for small business owners and entrepreneurs in the U.S. In response to the COVID-19 pandemic, the bureau created a resource page dedicated to helping small businesses learn to establish safe, secure, and healthy practices in the face of the outbreak. Read More »

An Update Regarding Coronavirus (COVID-19)

At Louis Plung and Company, the health and safety of our employees and our clients is of paramount importance. For this reason, we are taking specific precautions to protect our staff and visitors during the current outbreak of Coronavirus. With confirmed cases reported in Pennsylvania and with the potential to reach our immediate geography, we are considering the potential impact and how we can best protect our clients and staff.  Read More »

IRS Extends Tax Payment Deadline

With all the recent uncertainty regarding tax deadlines and extensions, today we received some preliminary answers! Treasury Secretary Steven Mnuchin announced the IRS is waiving interest and penalty charges for 90 days for individual taxpayers that owe up to $1 million in taxes for the 2019 tax year.  As of now, the tax return filing date remains April 15th, but this could change.  Read More »