Thursday, April 23, 2020

Webinar Takeaways: Capital, Law, and Taxes: What to Know During the COVID Crisis

Thank you all for attending our webinar, “Capital, Law and Taxes: What to Know During the COVID Crisis,” last week. We hope you walked away feeling more knowledgeable about some of the issues facing businesses owners during this time.

Special thanks to our presenters for providing the extensive overview on all of these topics. We encourage all nglccNY members to review the recorded session (password: s1&40x6f). We have timed out each topic for your convenience.

Capital (10:10): Thanks to our friends at TD Bank, we learned about access to capital and the CARES Act. As things change and the government works to re-fund those acts, it is important to reach out to specialists to help guide you through the process. These include our session presenters Evelyn Carrasco, Business Advisor at the Small Business Development Center of LaGuardia Community College, and Sandra Bojourque, Business Development Team Lead at Accion East.

Law (45:58): In this section, we learned about the nuances of employment law from our members at Martin, Clearwater & Bell LLC. We also discussed the importance of tracking employee hours for future tax incentives and relief and reviewing your employment insurance.

Our partners at Vishnick, McGovern & Milizio LLC focused on the laws around real estate, and reminded us to reach out to landlords directly to see what can be done if meeting rent becomes challenging.

Tax (01:49:01): Berdon LLP spoke about tax incentives and the necessity of keeping records of everything for the 2021 tax season.

The most significant thing to remember is that these incentives and relief efforts are constantly in flux and it is important to identify your “team” of professionals that will help you navigate the ever-changing system. We encourage all of you to remember that nglccNY is the place to assemble your team of professionals to help during this time. Please feel free to reach out to us or any of our presenters with any questions you may have. We are here for you!

Yours in Business,

TJ Chernick

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