Since our webinar on April 1, 2020 with the National Thoroughbred Racing Association, additional guidance on the Federal stimulus bills has been issued and the newest $484 stimulus bill may provide some relief measures for industry participants.
Review these changes in order to assess your current situation and future plans. Below you can access updated information that focuses on:
- General law updates
- Paycheck Protection Loans
- Economic Injury Disaster Loans
- Main Street Lending Program
- Payroll tax credits and deferral
Print PDF of Slides – Updates as of April 24, 2020View Original NTRA Webinar – April 1, 2020
The matters discussed in these materials provide general information only. You should consult with an advisor about your specific situation before undertaking any action because each organization’s situation is unique. Also, be especially aware that in this case, that is, with options available under the FFCRA and CARES Act, choosing a particular option could preclude you from other options. Furthermore, it is likely that additional guidance on the FFCRA and CARES Act will be issued by the appropriate governmental agencies, which could impact the information discussed in these materials. This information may not be construed as either accounting or legal advice.
For more information visit our COVID-19 resource page: