BLS Insights

With the results of the 2020 presidential and congressional elections behind us, President Biden has begun pursuing his agenda to tackle many pressing issues, including the downturn in the economy, … Continued

On January 8 and again on January 19, the SBA, in consultation with the Treasury Department, released additional Paycheck Protection Program (PPP) forms and guidance related to the first round … Continued

The Delaware Division of Small Business announced that they have reopened their application portal on January 19, 2021 to small businesses and nonprofit organizations that have not already applied for … Continued

Since March, BLS has been keeping our clients and friends apprised of new legislation and changes that have occurred due to COVID-19. This edition of our BLS Important Update is … Continued

The COVID-19 Relief Bill was signed by President Trump on Sunday, December 27 and BLS prepared COVID-19 Relief Bill – What we know so far, which provided highlights of significant … Continued

On Sunday, December 27, President Trump signed into law $900 billion in COVID-19 Relief and $1.4 trillion in government funding. The over 5,500-page bill combines financial relief for individuals, businesses, … Continued

Earlier this week, we sent a communication to our clients regarding Form 1099 and W-9 Reporting Requirements. From that communication, we received questions specific to the Internal Revenue Service’s introduction … Continued

On April 10, 2020, the U.S. Department of Health and Human Services (HHS) automatically began distributing relief funds to “providers who billed Medicare-fee-for-service in 2019, be a known Medicaid and … Continued

The Delaware Division of Small Business just released three important changes related to the DE Relief Grants program. Businesses no longer need to demonstrate a revenue decline of at least … Continued

In our continued effort to provide guidance to companies and nonprofits, we have outlined three important topics in this edition of our BLS Important Update. Our firm has received numerous … Continued