blog
March 27, 2020
COVID-19 Impacts on the Employee Benefit Plan Deadlines

With the COVID-19 pandemic changing the way businesses are operating on a daily basis from locally to world-wide, the employee benefits plan auditing industry is also facing changes. The SECURE Act and retirement plan filing requirements have experienced impacts....

March 27, 2020
Calls with the Governor’s Office

The Minnesota Council of Nonprofits is hosting a series of “Calls with the Governor’s Office”. The first of four calls of this free event is Monday, March 30 from 11:30 am to 12:15 pm featuring updates for nonprofits on Minnesota’s response to COVID-19....

March 26, 2020
Senate Passes Updated Economic Relief Plan (CARES Act) for Individuals and Businesses

Congress has just passed a new bill, called the CARES Act to provide stimulus and relief for the coronavirus situation.  There are many aspects of the bill ranging from loan forgiveness, unemployment insurance expansion, healthcare provisions, student loan provisions, SBA l...

March 26, 2020
Essential Manufacturing in Business under Minnesota’s Stay At Home Order for COVID-19

Manufacturing is essential to Minnesota and the country and many manufacturing businesses will be exempt from Minnesota new law that goes into effect March 27, 2020....

March 26, 2020
6 Things To Do Now That COVID-19 Has Disrupted Your Manufacturing Business

The coronavirus has disrupted the manufacturing business. Here are six things that you can do. Number one - remind your team how important they are to you and your manufacturing team. Number two - spend time nurturing your client relationships....

March 26, 2020
Is Your Business Considered Essential Under MN Stay at Home Order?

Governor Walz issued Executive Order 20-20, directing Minnesotans to limit movements outside of their homes beyond essential needs from March 27th to April 10th.  The Minnesota Department of Employment and Economic Development (DEED) has provided clarifications and resource...

March 25, 2020
Construction Considered Essential Services Under Executive Order 20-20

On Wednesday, March 25, 2020 Governor Tim Walz issued Executive Order 20-20 ("Stay Home Executive Order") directing Minnesotans to stay at home and limit movements outside their homes beyond essential needs for two weeks.  The Executive Order is in effect for two weeks begi...

March 25, 2020
MN Small Business Emergency Loans for Restaurants, Breweries and Other Establishments

Following Executive Order 20-15, the Minnesota Department of Employment and Economic Development (DEED) has established a loan program to assist small businesses directly and adversely affected and whose industry is named in Executive Orders 20-04 and 20-08 following the COV...

March 25, 2020
SBA Offering Loans to Small Businesses Hit Hard by COVID-19

Every company has faced unprecedented challenges in adjusting to life following the widespread outbreak of the coronavirus (COVID-19). Small businesses face particular difficulties in that, by definition, their resources — human, capital and otherwise — are limited. If t...

March 25, 2020
What COVID-19 Legislation Means for Nonprofits and Their Staffers

Whether your not-for-profit is newly deluged with demand for services or you’ve closed doors temporarily, it’s important to keep up with legislation responding to the coronavirus (COVID-19) crisis. On March 18, the Families First Coronavirus Response Act was signed into ...

March 23, 2020
Resources for Small Businesses in Crisis

Many small businesses are reeling from the impact of the COVID-19 pandemic. Boyum Barenscheer is here to help. We have gathered a list of helpful resources for small businesses to turn to during this unprecedented time....

March 17, 2020
Tax Updates – Coronavirus Assistance Updated March 22, 2020

On March 17th the IRS came out with guidance to assist taxpayers as the effects of coronavirus are felt across the country. Here is a summary of the actions that the IRS has taken:...