2021 Retirement Plan Limitations
On October 26, 2020, the Internal Revenue Service announced the cost-of-living adjustments (COLA) that will take effect January 1, 2021 (IRS Notice 2020-79). ...
This article was updated on June 12, 2020. Further updates will be made as new information becomes available.
Schneider Downs continues to track the evolving landscape of Pennsylvania financial programs offered due to the disruption of the coronavirus (COVID-19). On June 8, 2020, the Commonwealth of PA announced that it was providing $225 million in available grant funds for state businesses impacted by COVID-19. Additional details were provided two days later. Here’s a summary of the programs:
Uses:
Distribution:
The Pennsylvania Department for Community & Economic Development (DCED) will distribute funds to the CDFI network, which will then distribute the money under three programs:
Eligibility/Terms:
All businesses must apply through an eligible CDFI and meet a number of requirements, including but not limited to:
More details can be found here:
https://dced.pa.gov/programs/covid-19-relief-statewide-small-business-assistance/
If you have other questions regarding these programs, first reach out to your local CFDI. If you need more information, please reach out to any of your connections at Schneider Downs or contact Joel Rosenthal at jrosenthal@schneiderdowns.com.
On October 26, 2020, the Internal Revenue Service announced the cost-of-living adjustments (COLA) that will take effect January 1, 2021 (IRS Notice 2020-79). ...
Schneider Downs continues to track the evolving landscape of federal financial programs offered in the wake of the business disruption caused by the coronavirus ...
We’d love to hear from you. Drop us a note, and we’ll respond to you as quickly as possible.
Ask us
One PPG Place, Suite 1700
Pittsburgh, PA 15222
contactsd@schneiderdowns.com
p:412.261.3644
f:412.261.4876
65 East State Street, Suite 2000
Columbus, OH 43215
contactsd@schneiderdowns.com
p:614.621.4060
f:614.621.4062
1660 International Drive, Suite 600
McLean, VA 22102
contactsd@schneiderdowns.com
p:571.380.9003