Conference Call Relating to the CARES Act
Miss the conference call today on the CARES ACT, the Payroll Protection Program and the Economic Injury Disaster Loans?

Click the link below to hear what you missed.

https://soundcloud.com/jessica-marti…/conference-call-4-2-20
After reaching the 'soundcloud website' click the sound bar at minute 17 to hear the conference call.

March 31, 2020
Small businesses and sole proprietorships hoping to secure a loan through the federal Paycheck Protection Program can begin applying on Friday. The Treasury Department released information for borrowers and lenders, posted an application and urged applicants to act quickly.
https://www.journalofaccountancy.com/…/paycheck-protection-…
#downsandassociates #experiencecounts

March 28, 2020
Now that Governor Ivey has ordered all non-essential businesses to close at 5:00 on Saturday, March 28, 2020, there are going to be many people unemployed. If you are one of these people, please go to labor.alabama.gov and file for unemployment.
If you are a business owner, these claims for unemployment will not cause your unemployment rate to go up.
We will continue to process payrolls for our clients that remain open. 

March 24, 2020
Have a small business and not sure how to apply for the SBA Disaster Relief Fund? Click the webinar link below to see how to apply.
Currently bills in both the House and the Senate are being debated that can provide significant relief for small businesses.
https://asbdc.ecenterdirect.com/events/8479
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March 22, 2020
Downs and Associates continues to operate despite the Corona virus. Out of an abundance of caution, we would encourage our clients to scan and email or fax all documents necessary to prepare your tax return. You can email items to Jrdowns@DandAcpa.com. You can fax items to (205) 221-5474.
Changes have been made and the deadline to pay any individual or corporate income taxes has been extended to July 15, 2020. Also, the individual and corporate filing deadlines are now extended until July 15, 2020. In addition, if you owe estimated tax payments, that deadline is also extended to July 15, 2020.
We will continue to prepare and file tax returns as we have done so historically.
If you have any questions, feel free to get in touch with us (205) 221-5454.

Here is an example of a simple, monthly budgeting plan. This is what we can do for you on a large scale! Call us, and let us save you money!
205-221-5454

Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. We also provide estate and gift tax planning to help transfer your wealth, effectively reduce your estate, thereby minimizing your tax liability both Estate and Individual.
Call us at 205-221-5454.

You have probably thought about it, but have you prepared for business succession? With a solid background in tax and other financial matters, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategic plan for the transition of your business to your successors. Let us help you prepare so that you will be ready when the time comes.
Call us at 205-221-5454.