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CARES Act and Retirement Plans (What You Should Know)

The Coronavirus, Aid, Relief, and Economic Security (CARES) Act signed on March 27, 2020, contained several provisions related to eligible retirement plans. Some of the provisions are options such as the distribution and loan provisions while others are mandatory, namely the waiver of 2020 required minimum distributions. Learn more.

COVID-19 Email Scams (How to Protect Yourself)

The spread of COVID-19 has dramatically changed the way we live and work. And it’s also brought on a variety of scam tactics. And now, more than ever, you need watch out for Phishing or Scareware emails looking to get you to open an attached file or click on a site link. Read this post to learn more about them and how to protect yourself.

Emergency Economic Relief Update – SBA Loan Programs Summary under CARES

This is an UPDATE to our Emergency Economic Relief alert. With multiple options available, take time to consider which program suits your Company’s needs best. More details will be coming out in the coming week so it’s important to study the information before jumping into a program. But once you decide, take quick action as time is of the essence.

Emergency Economic Relief from the SBA

This past week the Covid-19 pandemic has been a rapidly changing reality and our mind is focused on you, your families and businesses, and the impact this is having as it unfolds. Washington state has been hit hard and your business may already be seeing a financial impact.

COVID-19: Working with Us and the Extended Tax Deadline

The events of the last few weeks certainly are unprecedented and like many of you, we are closely monitoring the impact COVID-19 will continue to have on businesses and individuals. As a firm, we have taken a proactive approach. Here are the top priorities and policies at Shannon & Associates for COVID19.

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