COVID-19 Facts and Resources During these uncertain times, Berger Financial Group will provide resources to make sure you are getting the facts. CDC COVID-19 Website • What You Need to Know• Resources for the Community• COVID-19 Cases in the U.S• Information for Healthcare Professionals Learn more Government Response What is the Federal Government Doing in Response to COVID-19? Learn more Coronavirus Case Tracker Coronavirus COVID-19 Global Cases by the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University (JHU) Learn more COVID-19 Interactive Projections Projections of the Spread of Coronavirus (COVID-19) based off specific factors and broken out by country or state. Learn more Schwab: Triage - Throwing Everything at the Virus • The questions continue to outnumber the answers, while the virus continues to infect people, markets and the economy.• Monetary and fiscal stimulus can serve as triage; but they’re not the cure.• Investor sentiment and market technicals are at extremes; but valuation analysis is pointless. Learn more FA Magazine: What’s In The $2 Trillion Virus Stimulus Package The historic $2 trillion bill that was passed by the U.S. Senate late Wednesday to confront the coronavirus crisis will reach into many aspects of American life and business to stave off at least some of the economic damage to wrought by the pandemic. Learn more Lord Abbett: Riding Out Market Ups and Downs The one certainty of investing is that your portfolio will experience volatility. Further, volatility can trigger emotional responses that may cause investors to make irrational decisions that could lead to missed opportunities. Prudent investors stay the course, with the understanding that investment success is not just a matter of how well you do in up markets but also how well you weather the downside. Learn more 2019 Federal Tax Return Filing Deadline Extension The Treasury Department announced on March 20, 2020 that the Federal filing deadline for 2019 individual income tax returns has been automatically extended to July 15, 2020 with the IRS releasing official guidance in IRS Notice 2020-18 with details on the extended deadline. Learn more Goldman: Uneven Prevalence and Consequences Around the World Select Nations, Population Size, Infections, Fatalities, and Date of 1st Infection Learn more Bloomberg Tax & Accounting: Coronavirus Roadmap This roadmap provides a summary of federal tax and accounting activity relating to the novel coronavirus (COVID-19). It was prepared by Bloomberg Tax & Accounting staff and was last updated on March 27, 2020. Learn more How Families and Roommates can effectively Self-Quarantine, Self-Isolate Crystal Watson, senior scholar at Johns Hopkins Center for Health Security, shares best practices and tips for responding to coronavirus outbreak Learn more IRS: Economic Impact Payments What you need to know: check IRS.gov for the latest information. No action needed by most people at this time. Learn more Paycheck Protection Program (PPP) The U.S. Small Business Administration on Thursday issued an interim final rule for the Paycheck Protection Program (PPP), which is offering $349 billion in forgivable loans that small businesses impacted by the coronavirus pandemic can use to cover costs including payroll and rent. Learn more World Health Organization COVID-19 Center • Public Advice• Country and Technical Guidance• Videos/Training Learn more WHO COVID-19 Video Library Coronavirus disase (COVID-19) advice for the public Learn more PPP Application Documents for Lenders Based on these collective discussions and our understanding of the intent of the PPP program, the AICPA is making the following broad recommendations for lender documents as well as providing direction on a few key calculations. Learn more PPP Resources The economic impact of the coronavirus (the virus that causes COVID-19) on small businesses is unprecedented. As you’re looking to secure the future of your business, there are opportunities for help through the U.S. Small Business Administration (SBA) loans. Learn more Federal Programs for Business The economic landscape for many small businesses has changed dramatically because of COVID-19. If your business has been affected, loans from the Small Business Administration (SBA) may be able to help you stay afloat, pay your employees and cover other expenses. Here are highlights of the new or expanded programs. Learn more SBA Loan Options Summary of all SBA loans available now due to COVID-19 and programs that existed before and have not changed. Learn more Navigating the Paycheck Protection Program (PPP) Right now, many businesses are facing financial hardships as a result of the COVID-19 pandemic and are having to make tough decisions about whether to keep employees, or to layoff or furlough them. Learn more CNBC: Will you have to pay back the coronavirus stimulus check? Clarification of seven myths about the stimulus checks. Here’s what you need to know, from whether or not they are taxed to how long it will take for them to hit your bank account. Learn more 401(k) Options After Losing Job If you or someone you know is in this situation due to COVID-19, you’ll likely have several questions about job hunting, unemployment insurance, and health care. You may also be wondering, “What should I do with my 401(k)?” Learn more CARES Act Overview BFG Tax Team: On March 27, 2020, Congress enacted and President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act, Pub. L. No. 116-136). Learn more Stock Market Lesson to Remember Undeniably, spring 2020 has tried the patience of investors. But what lessons can be learned from previous experiences? Learn more Tweets by TwitterDev Berger Financial Group Have a Question? Name Email Address Phone Question Thank you! Oops!