COVID-19 News

/COVID-19 News

Our number one priority is the health and safety of our people, families, clients, and communities. While these are unprecedented times, MOD Ventures is committed to helping you navigate through these difficult times. We have developed a series of COVID-19 resources and updates to keep you informed of the changes that may impact you and your business.

27 03, 2020

Payroll Tax Credits for Employee Paid Time Off

By | 2020-03-27T10:21:56-07:00 March 27th, 2020|COVID-19 News, payroll|0 Comments

In the wake of COVID-19, Congress enacted The Family First Coronavirus Response Act, a new way to assist businesses who need to offer paid leave time to employees affected by the Coronavirus. This help comes in the form of payroll tax credits. This paid leave can be used for individuals personally affected by COVID-19, [...]

26 03, 2020

The IRS People First Initiative: What You Need to Know

By | 2020-03-26T15:38:05-07:00 March 26th, 2020|COVID-19 News, IRS, Uncategorized|0 Comments

During this trying time for businesses, the IRS is making its best attempts to alleviate business owners' financial stress. The IRS People First Initiative includes postponing certain payments, pausing pursuit of delinquent accounts, and more. Keep reading to find out more about how the IRS is helping businesses during this time. IRS People First Initiative [...]

20 03, 2020

Disaster Loans for Businesses during COVID-19

By | 2020-03-20T09:18:34-07:00 March 20th, 2020|COVID-19 News|0 Comments

The Small Business Association (SBA) is now offering low-interest disaster loans of up to 2 million dollars to small businesses that have been affected by the Coronavirus (COVID-19).  How to apply for disaster relief loan According to the SBA website,  Any such Economic Injury Disaster Loan assistance declaration issued by the SBA makes loans [...]

18 03, 2020

How to Navigate Financial Hardship in your Business

By | 2020-03-26T10:45:21-07:00 March 18th, 2020|Accounting, COVID-19 News, Financial|0 Comments

Every business owner will experience financial hardship at one point or another. Financial hardship in your business can happen for many reasons, some out of your control, and some in your control. Cashflow is usually the first problem that comes up in financial hardship, so we wanted to offer advice for anyone who might [...]