COVID-19 Resource Center

COVID-19 is affecting us all. PKF O’Connor Davies is committed to supporting our staff, clients and the community in grappling with the effects of this global pandemic. Below you’ll find information and resources that may help you make sound, fact-based decisions. We will post updates as news arises that may affect your financial situation, business operations and strategic planning. We encourage you to reach out to PKF O’Connor Davies professionals for ongoing guidance and assistance.

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The rapid spread of the coronavirus throughout the world is clearly having a devastating impact on families, businesses and the economy in the U.S. and abroad.

Last night, the Treasury Department issued the Interim Final Rule (Interim Guidance) containing clarifying and additional guidance related to sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act), as well as a final Borrower Application Form for the Paycheck Protection Program (PPP) loan.

As everyone deals with the impact of the Covid-19 pandemic, business owners need to adjust priorities, reevaluate all aspects of their business, refine messaging and, yes, also plan for the recovery because it will come.

With the recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act, the federal government recognized that many individuals and families were struggling and had an immediate financial need to help cover lost wages.