What qualifies as a ‘coronavirus-related distribution’ from a retirement plan?
The Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain “coronavirus-related distributions” from their retirement plans without paying tax. The first question that needs to be asked is, what is a coronavirus-related distribution? Early distribution basics In general, if you withdraw money from an IRA or eligible retirement plan before […]
Taking care during coronavirus
Businesses are slowly beginning to reopen and different areas are relaxing some of the requirements to shelter in place as a result of the COVID-19 health crisis. As we move into this next phase, it is important to remember that seniors and individuals with underlying health conditions remain vulnerable to coronavirus, but also to remember […]
Tips for keeping cash flowing in restaurants
We are aware of the significant impact the COVID-19 pandemic is having on McDonald’s owner/operators and the restaurant industry in general. McDonald’s Corp. has provided some relief with rent deferrals and suspension of major remodeling projects. There are other ways, as well, that owner/operators can manage cash flow in your restaurants while traffic is diminished […]
Antares Group to close offices until April 1 amid COVID-19 outbreak
The spread and impact of COVID-19 is wide-reaching and evolving daily. We are continuing to monitor the developments of the outbreak and how this affects our clients and our staff. We are taking the appropriate steps, as recommended by the CDC and WHO, to support the ongoing health and safety of our employees, their families, our clients and the surrounding communities. […]