485 Madison Avenue,
9th Floor
New York, NY 10022
Ph: (212) 792-6300
Fax: (212) 792-6350
Directions
100 Quentin Roosevelt
Blvd, Suite 516
Garden City, NY 11530
Ph: (516) 542-6300
Fax: (516) 542-9021
Directions
Menu

COVID-19 Resource Center

COVID-19 is rapidly changing life as we know it. As each day passes, you’re grappling with the significant effects of coronavirus on your operations while trying to stay current on laws that are being put into place to help employers and employees. We are here to assist navigating through this uncharted territory by curating verified information and resources. These resources will be updated as they become available. Check this page often as we will be holding webinars to address the changes and its economic impact on your business. To learn more about how we can assist you during these unprecedented times, please click here to go to our CARES ACT/COVID-19 Advisory Services page.

WEBINARS

TIME
April 29, 2021, 9:00 am - 10:00 am
EVENT DETAILS

Multiple COVID-19 relief options have been introduced in the past year to help you weather these turbulent times and come out ahead. But which one – or combination of programs – is right for you?

Join Janover’s COVID Response Team for a live webinar with Q&A at 9 a.m. Thursday, April 29 as they provide an overview of the funding opportunities and how any of the following programs could help you:

  • Employee Retention Credit (ERC)
  • Paycheck Protection Program (PPP) loans
  • Economic Injury Disaster Loans (EIDL)
  • Shuttered Venue Operators Grants (SVOG)
  • Restaurant Revitalization Fund (RRF)
  • The New York Forward Loan Fund and other State specific grant programs

Janover’s team of advisors and consultants continue to monitor all new guidance from Congress, the IRS, the SBA, and the Treasury to guide you through the process and take advantage of all options available. The Janover team has serviced, and continues to service, a growing number of borrowers with PPP loans totaling more than $200 million and helped businesses claim nearly $50 million in ERCs.

CLICK HERE TO REGISTER FOR THIS WEBINAR

What you’ll learn:

  • How to determine eligibility
  • How to qualify
  • How much you can receive
  • How recent legislative changes, such as the American Rescue Plan Act signed in March, have modified relief options you may have already leveraged

Presenters:
Barry Sunshine, CPA, CGMA
Partner, Janover LLC

Gianluca Carrabs, CPA, MST
Principal, Janover LLC

Christopher Zingalli, CPA
Principal, Janover LLC

EPISODE 18: Consolidated Appropriations Act – Business Tax Provisions & Paycheck Protection Program Updates EPISODE 17: Real Estate Outlook 2021 EPISODE 16: Consolidated Appropriations Act – Updates to the Employee Retention Tax Credit (ERTC) & Individual Tax Provisions EPISODE 15: The New & Improved Paycheck Protection Program EPISODE 14: Monitoring KPI’s for Professional Services Organizations EPISODE 13: Cyber Security Challenges in a Remote Worker World EPISODE 12: Maximizing PPP Loan Forgiveness – The Home Stretch EPISODE 11: How Virtual CFO Support Services Can Help You and Your Business EPISODE 10: Leaving New York State and/or New York City: Residency Issues in the Time of COVID-19 EPISODE 9: Managing and Maximizing Your PPP Loan Forgiveness EPISODE 8: Cannabis Industry Update EPISODE 7: How the COVID-19 Outbreak is Affecting Retail & Restaurants EPISODE 6: What You Need to Know About the CARES Act EPISODE 5: The Impact of COVID-19 on the Construction and Real Estate Industry, and the Necessary Next Steps to Take EPISODE 4: How the COVID-19 Pandemic is Affecting Small Business EPISODE 3: How the COVID-19 Pandemic is Affecting the Real Estate Industry EPISODE 2: Coronavirus’ Impact on High Net Worth Individuals EPISODE 1: Coronavirus’ Impact on the Cannabis Industry

REGULATORY ALERTS

New York Forward Loan Fund Aims to Help Small Landlords
By: Jason Hoffman Small residential landlords now may be eligible for new COVID-19 financial relief with the New York Forward ... Continue reading New York Forward Loan Fund Aims to Help Small Landlords
Tax Changes to Monitor in the American Jobs Plan
By: Mindy Kamen The American Jobs Plan, President Biden’s $2.25 trillion infrastructure plan introduced March 31, is an eight-year program ... Continue reading Tax Changes to Monitor in the American Jobs Plan
American Rescue Plan Act Overview
By: Barry Sunshine, Joe Tancer , and Chris Zingalli The American Rescue Plan Act (ARPA) of 2021 passed Congress and President Biden signed the ... Continue reading American Rescue Plan Act Overview
New! PPP calculation released for Form 1040, Schedule C filers
By: Barry Sunshine, Joe Tancer , and Chris Zingalli Form 1040, Schedule C taxpayers received an updated interim final rule (IFR) on ... Continue reading New! PPP calculation released for Form 1040, Schedule C filers
Employee retention credit eligibility published for PPP loans and 2020 claims
By: Barry Sunshine, Joe Tancer and Chris Zingalli The IRS has released additional guidance in Notice 2021-20 on the Employee ... Continue reading Employee retention credit eligibility published for PPP loans and 2020 claims
SBA PPP Portal Re-Opens on Monday, January 11, 2021
The Small Business Administration (SBA) has reopened the Paycheck Protection Program (PPP) for First Draw Loans, starting  January 11, 2021. ... Continue reading SBA PPP Portal Re-Opens on Monday, January 11, 2021
President Signs COVID-19 Stimulus Package: Includes Additional PPP Funding
On December 27, 2020, the President signed into law a $900 billion Coronavirus stimulus package.  Included in this bill is ... Continue reading President Signs COVID-19 Stimulus Package: Includes Additional PPP Funding
IRS Releases Guidance on Expense Deductibility on PPP Loans
Recently, the IRS released Revenue Ruling 2020-27 addressing the question that many of us have as to whether a taxpayer ... Continue reading IRS Releases Guidance on Expense Deductibility on PPP Loans
Janover Shares Recent Developments on PPP Loans Greater Than $2 Million
This week, the SBA issued a notice seeking approval from the Office of Management and Budget to require the issuance ... Continue reading Janover Shares Recent Developments on PPP Loans Greater Than $2 Million
SBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less
On October 8, 2020, the SBA released a simpler loan forgiveness application (Form 3508S) for PPP Loans of $50,000 or ... Continue reading SBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less
Accounting for the Paycheck Protection Program (PPP) Loan
As most know, the current pandemic created from the COVID-19 virus has caused Federal, State and Local governments to assist ... Continue reading Accounting for the Paycheck Protection Program (PPP) Loan
Potential Deferral of Employee Social Security Taxes
On August 8, 2020, President Trump issued a Presidential memoranda directing the Secretary of the Treasury to permit the deferral ... Continue reading Potential Deferral of Employee Social Security Taxes
Janover Provides Guidance on Notice 2020-51 Waiver of 2020 Required Minimum Distributions
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), which was enacted on March 27, 2020, included provisions which ... Continue reading Janover Provides Guidance on Notice 2020-51 Waiver of 2020 Required Minimum Distributions
COVID-19 Update: QUALIFIED OPPORTUNITY FUNDS
As a result of the COVID-19 pandemic, the President has issued an emergency declaration under the Robert T. Stafford Disaster ... Continue reading COVID-19 Update: QUALIFIED OPPORTUNITY FUNDS
Janover Update on the Main Street Lending Program
On May 27 2020, the Federal Reserve Board released documents and expanded explanatory materials, including updated Frequently Asked Questions (FAQ) ... Continue reading Janover Update on the Main Street Lending Program
Congress Passes the Payroll Protection Program’s (PPP) Flexibility Act of 2020
Small Business gets the well needed “Shot in the Arm” from favorable law change to the Payroll Protection Program from ... Continue reading Congress Passes the Payroll Protection Program's (PPP) Flexibility Act of 2020
Changes in the Payroll Protection Program’s (PPP) Loan Forgiveness Application
The Small Business Administration (“SBA”) has released the Paycheck Protection Program (PPP) loan forgiveness application and instructions, is giving small ... Continue reading Changes in the Payroll Protection Program's (PPP) Loan Forgiveness Application
INTRODUCING Janover CARES Act/COVID-19 Advisory Team
Janover is pleased to announce that we have formed a special CARES Act/COVID-19 advisory team. This is a coordinated group ... Continue reading INTRODUCING Janover CARES Act/COVID-19 Advisory Team
CARES ACT – Additional Funding: MAIN STREET LENDING PROGRAM
On April 30, 2020, the Federal Reserve issued updated guidance related to the Main Street Lending Program, which was originally ... Continue reading CARES ACT – Additional Funding: MAIN STREET LENDING PROGRAM
COVID-19 Update: CARES Act Allocates Additional $100B in Grants for Healthcare Providers
On April 10, 2020, the U.S. Department of Health and Human Services (HSS) announced an additional $100 billion in grants ... Continue reading COVID-19 Update: CARES Act Allocates Additional $100B in Grants for Healthcare Providers
Employer Payroll Tax Deferral and the Payroll Protection Program (PPP) Loan
Employers who have received a PPP loan, but whose loan has not yet been forgiven, may defer deposit and payment ... Continue reading Employer Payroll Tax Deferral and the Payroll Protection Program (PPP) Loan
CARES Act: Main Street Lending Program
As of April 30th the Federal Reserve put out updated information on the Main Street Lending Program.  Please click the ... Continue reading CARES Act: Main Street Lending Program
COVID-19 and its Impact on U.S. Real Estate
We are surely in unprecedented, uncertain times. The COVID-19 pandemic has impacted nearly every industry on the planet, including the ... Continue reading COVID-19 and its Impact on U.S. Real Estate
CARES Act Payroll Protection Program Application
CARES Act Payroll Protection Program Application is available here.  Please click on the links below to access the forms. Borrower ... Continue reading CARES Act Payroll Protection Program Application
Paycheck Protection Program vs. Employee Retention Credit
Janover provides you with an excel model to analyze the Paycheck Protection Program, Loan Forgiveness, and the Employee Retention Credit under the ... Continue reading Paycheck Protection Program vs. Employee Retention Credit
Critical Information and notes from one SBA Lender –
For additional information about this message, please check with your lender for more information. The application will only be available online. ... Continue reading Critical Information and notes from one SBA Lender -
Employee Retention Credit for Employers
This is a quarterly payroll tax credit: For 50% of wages paid By eligible employers To eligible employees During the ... Continue reading Employee Retention Credit for Employers
Paycheck Protection Program
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help businesses keep workers employed amid the ... Continue reading Paycheck Protection Program
COVID-19 – Immediate Impacts on Accounting and Financial Reporting
The ongoing COVID-19 pandemic is deeply affecting everyone’s day to day lives. As a result, this is also affecting virtually ... Continue reading COVID-19 - Immediate Impacts on Accounting and Financial Reporting
Effect of COVID-19 on 2019 Tax Filings
The IRS has provided guidance for income tax returns due on April 15. The due date is extended until July ... Continue reading Effect of COVID-19 on 2019 Tax Filings
Updated Guidance on Deferring Tax Payments and Mortgage Payments Due to the COVID-19 Outbreak
On Tuesday March 17, 2020, the Secretary of the Treasury, Steve Mnuchin, announced that there will be a 90 day ... Continue reading Updated Guidance on Deferring Tax Payments and Mortgage Payments Due to the COVID-19 Outbreak

NEWS & PRESS RELEASES

PPP extension passes House and Senate
A measure to extend the Paycheck Protection Program (PPP) application deadline from March 31, 2021, to May 31, 2021, has ... Continue reading PPP extension passes House and Senate
Janover Participates in Fundraising to Support Frontline Healthcare Workers
Janover LLC is proud to announce that their internal charitable giving committee, the Helping Hands Committee, comprised of individuals from ... Continue reading Janover Participates in Fundraising to Support Frontline Healthcare Workers
Janover Relaunches Robust COVID-19 Resource Center on Website
Janover LLC, one of the New York region’s leading public accounting firms, has relaunched a more robust COVID-19 Resource Center, ... Continue reading Janover Relaunches Robust COVID-19 Resource Center on Website
The Families First Coronavirus Response Act
The Families First Coronavirus Response Act was passed by the Senate on March 18, 2020. The Act will take effect ... Continue reading The Families First Coronavirus Response Act

RESOURCES

PPP extension passes House and Senate
A measure to extend the Paycheck Protection Program (PPP) application deadline from March 31, 2021, to May 31, 2021, has ... Continue reading PPP extension passes House and Senate
Janover’s Business Resource Guide: Coronavirus – Disaster Assistance
Your Janover team is ready and standing by to support you and your business during these trying times. We have ... Continue reading Janover's Business Resource Guide: Coronavirus - Disaster Assistance