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Wayne Naegele

New York Forward Loan Fund (NYFLF)

New York Forward Loan Fund (NYFLF) May 22, 2020 Dear Clients, Colleagues and Friends, Presti & Naegele continues to monitor the latest COVID-19 developments that impact our clients. Below is information we believe may be useful to you. New York Forward Loan Fund New York Forward Loan Fund (NYFLF) is a new economic recovery loan […]

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Wayne Naegele

PPP Loan Forgiveness Application and Main Street Lending Program

PPP Loan Forgiveness Application and Main Street Lending Program May 19, 2020 Dear Clients, Colleagues and Friends, Presti & Naegele continues to monitor the latest COVID-19 developments that impact our clients. Below is information we believe may be useful to you. Paycheck Protection Program (PPP) Loan Forgiveness Application The Small Business Administration (SBA) stated on […]

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Andrew Presti

“Get My Payment” Tool Available for Economic Impact Payments

“Get My Payment” Tool Available for Economic Impact Payments The Treasury Department and the IRS have released the “Get My Payment” tool to assist Americans in receiving their “economic impact payments” issued under the bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act ( P.L. 116-136). The free tool went live on April 15, and is located at https://www.irs.gov/coronavirus/get-my-payment. […]

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Salvatore Russo

Due Dates Extended for Additional Filings and Payment Obligations

Due Dates Extended for Additional Filings and Payment Obligations The Treasury Department and IRS have provided a notice with additional relief for taxpayers, postponing until July 15, 2020, a variety of tax form filings and payment obligations that are due between April 1, 2020 and July 15, 2020. Associated interest, additions to tax, and penalties […]

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Elias Koumniotes

Lawmakers Continue Phase Four Economic Relief Talks; “CARES 2” in the Works

Lawmakers Continue Phase Four Economic Relief Talks; “CARES 2” in the Works Lawmakers are continuing talks on a “phase four” economic relief package in response to the COVID-19 global pandemic. To that end, the House’s “CARES 2” package is currently in the works and could see a floor vote as early as this month. “CARES 2”President Trump signed into […]

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