Redpath Insights

Individual Tax Provisions of the CARES Act

The recently passed CARES Act, which you can see a broad overview of by clicking here, provides emergency assistance to individuals and businesses impacted by the coronavirus pandemic. Provisions of the CARES Act that affect individual taxpayers...

CARES Act Key Changes to Tax Provisions

On Friday, March 27th, President Trump signed the CARES Act into law providing emergency assistance to individuals and businesses impacted by the coronavirus pandemic. In addition to emergency aid provisions, the $2 trillion bill contains both...

CARES Act Employee Retention Credit

The CARES Act approved by the Senate late Wednesday provides broad relief to many businesses and individualsโ€”and you can see a summary of the Act by clicking here. Two major provisions that will impact businesses and their operational decisions...

CARES Act Paycheck Protection Program

UPDATED: April 3, 2020 - 10:30 a.m. On Thursday, April 2, 2020, the Small Business Administration (SBA) issued Final Interim Rules regarding the Paycheck Protection Program loans available to businesses, nonprofits, sole proprietors and...

Senate Passes CARES Act

Late on the night of March 25, the Senate passed the CARES Act to provide emergency assistance to individuals and businesses impacted by the coronavirus pandemic. The $2 trillion bill passed unanimously and is now going to the House of...

Families First Response Act: Department of Labor Resources and FAQs

With the passage of the Families First Response Act, the Department of Labor (DOL) has been compiling frequently asked questions they've received from companies and individuals. These resources will continue to be updated as information changes...

Minnesota Unemployment Relief for COVID-19

On March 16, 2020, Governor Tim Walz signed Emergency Executive Order 20-05 to provide immediate relief to employers and unemployed workers during the COVID-19 pandemic. This order came immediately following Executive Order 20-04 to temporarily...

Covid-19 Update: MN DEED and SBA Disaster Loans, Individual Tax Extension

Small business disaster loans The Minnesota Department of Employment and Economic Development (DEED) has shared information about the U.S. Small Business Administration (SBA) Economic Injury Disaster Loans which are now available for Minnesota...

New Tax Deadline Details Released

Following Treasury Secretary Steve Mnuchinโ€™s announcement early Friday morning extending the tax deadline, the Treasury released Notice 2020-18 providing details on the deadline extension.

Tax Deadlines Extended to July 15th

Update: Minnesota has also extended deadlines. Read more under the heading "Minnesota individual tax filing date extended to July 15" below. Treasury Secretary Steve Mnuchin just announced on Twitter , at the direction of President Trump, that...