Status of PPP Loans, Tax Credits & Deferrals, and SBA Loan Programs
Join the professionals of Scheffel Boyle CPAs as they share their expertise on the various relief programs offered in response to the COVID-19 pandemic. Topics of discussion include PPP loans and forgiveness, tax updates due to the CARES Act, SBA loan programs, and much more.

While our physical office is closed, please know that our virtual office is always open. Nancie can still be reaching via email, phone, or Facebook Messenger. Please feel free to reach out! 

Illinois Department of Employment Security - IDES

For 1099 workers who have lost work due to COVID-19, a new application portal will open on May 11, 2020 via the IDES website.

Pandemic Unemployment Assistance (PUA) provides 100% federally-funded unemployment benefits for those who are not eligible for the state’s regular unemployment insurance program, the extended benefit program or Pandemic Emergency Unemployment Compensation (PEUC), including independent contractors and sole-proprietors.

Please note: Workers who believe they may be eligible for new federal benefits under the PUA program must first apply for regular unemployment insurance before applying for benefits under PUA.

Receiving a denial for regular unemployment benefits is a mandatory first step in determining eligibility for PUA. If you’ve already applied and have been denied regular unemployment, you can submit a claim through the new PUA portal once it opens.
Filing for regular unemployment also provides the opportunity to select how to receive benefits: Debit card or direct deposit. Debit cards can take up to two weeks by mail while direct deposit payments take two to three days once weekly certification for benefits are completed.
Under PUA, up to 39 weeks’ worth of benefits are potentially available for COVID-19-related unemployment claims. PUA claims will be backdated to the individuals’ first week of unemployment, but no earlier than February 2 and will continue no later than the week ending December 26.
Important: Online filing and claims applications will be unavailable every night from 8 p.m. to 10 p.m. for daily claims processing. Thank you for your patience.

Bradford National Bank is excited to introduce Bradford Wealth Management, its rebranded investment services division aimed at providing its customers and communities with the investment and financial planning services they need at a hometown institution they trust. Financial Advisor Nate Henna leads the division.
 

Stand for Small is a one-stop shop with resources, offers, and tools from a growing group of companies that want to help small businesses get back to business. Whether they’re shifting their business online or switching to takeout and delivery, Stand for Small hopes to help small businesses navigate the current climate. Learn more at StandForSmall.com.

Here’s how you can help

Want to get involved? Download the free, ready-to-use social media assets at the link below and share them on your social channels to spread the word about Stand for Small. Together, we can engage our communities to help local businesses thrive.

Following the guidelines set by the Illinois Department of Public Health, Anderson Hospital is pleased to resume elective surgeries starting Monday, May 11^th.   “It is our intent to run a full schedule,” said Dan Rojek, Anderson Hospital Director of Surgical Services.   “However, daily review of census and supplies may cause an adjustment in the schedule.”
 
In addition, the following restrictions will be in place:

In accordance with Governor J.B. Pritzker announcement of a modified Stay-At-Home order through May that allows certain elective surgeries for non-life-threatening conditions, HSHS St. Joseph's Hospital Highland plans to resume elective surgeries early next week.
 
Those who had previously scheduled surgical procedures that were delayed due to the Illinois Stay-at-Home order during April will be contacted by their surgeon’s office to reschedule their surgery in upcoming weeks/months. Once scheduled, the hospital will contact patients for to be registered and to gather other insurance and medical history information. 
 
HSHS Illinois Division Chief Nursing Executive Allison Paul shared, “We have not offered non-emergent procedures because of the Governor’s order for several weeks and there is quite a backlog of cases at each of our HSHS Illinois hospitals. We encourage patients to contact your doctor for more information about when you can get your procedure scheduled in the coming weeks.”