COVID-19 resources for Dental Professionals
Financial Resources Related to the COVID-19
The unexpected shutdown of your practice earlier this year was likely just the beginning of the financial challenges posed by the pandemic. The AOS can connect you with the resources you need to navigate the so-called “new normal.”
Families First Coronavirus Relief Act
Dental practice owners and employees who are impacted by qualifying conditions may be eligible for paid sick leave under the Families First Coronavirus Relief Act (FFCRA). Read more from Cain Watters below.
CARES and PPP
Have you applied for the Paycheck Protection Program yet? Are you looking for more details about how the CARES act could benefit your practice? AOS and Cain Watters can help.
In addition to support from the federal government, you may be eligible for financial support from your state. Best Accounting Software analyzed and ranked the level of support states offer small business dental practices.
Tax Relief for Businesses and Individuals
The CARES Act provides substantial financial benefits for both business and individuals. Cain Watters provides details you and your staff may need to make the most of this stimulus package.
About the Employee Retention Tax Credit (ERC)
If your practice was suspended due to COVID-19, but you have not taken advantage of the PPP or not eligible, you qualify for the Employee Retention Tax Credit.