Miller Cooper’s detailed matrix of the Families First Coronavirus Response Act can be found here. Please call us if you have any questions.
President Trump has signed into law the Families First Coronavirus Response Act. Among other things, the new law temporarily requires certain employers to provide expanded paid sick and family leave for employees affected by the coronavirus (COVID-19) pandemic. Employers’ increased costs will be offset by new tax credits, which also may be available to self-employed […]
While no official announcement by the State of Illinois has been issued at this time, Section 505(b) of the Illinois Income Tax Act states that a taxpayer that is granted an extension to file his federal income tax return for any taxable year will automatically be allowed an extension of the due date of the […]
SBA Offers Disaster Assistance to Illinois Small Businesses Economically Impacted by the Coronavirus (COVID-19)
On Tuesday March 17, 2020, Illinois Governor JB Pritzker requested that the US Small Business Administration (SBA) declare the entire state of Illinois a disaster zone to qualify for SBA assistance. This request was accepted and SBA Administrator Jovita Carranza declared on Thursday March 19, 2020 that Illinois was a disaster zone. As a result of […]