Updates on COVID-19


Updated EIDL Grant/Loan Application from the SBA

If you filed your EIDL Grant/Loan Application before Sunday, March 29 at 9:30 PM EST, the MSDA, in conjunction with Schiff & Associates, is recommending you reapply using the new website from the Small Business Administration (SBA). Apply Here On March 27, 2020, President Trump signed into law the CARES Act, which provided additional assistance for small …read more →

Notice from the U.S. Small Business Administration

We know you are facing challenging times in this current health crisis. The U.S. Small Business Administration is committed to help bring relief to small businesses and nonprofit organizations suffering because of the Coronavirus (COVID-19) pandemic. On March 27, 2020, President Trump signed into law the CARES Act, which provided additional assistance for small business …read more →

Our Joint Correspondence with the ADA

Dear Schiff Clients, Happy Monday to all! I hope each of you are well, and your family is well and your employees are well too! As all of you know, I have been working with the ADA along with my Academy, the ADCPA, in getting a message out to the 200,000 Dentists in the US. …read more →

We are here for you! 03.26.20

Good Morning to all Schiff Clients, I hope each of you are well and safe and healthy! Today at 12 Noon, I will be sharing my understanding of the CARES ACT along with the Applications for Funds within the State of MARYLAND (Instructions for Maryland are below). For the Maryland Application, you will need the …read more →

Allen Schiff, CPA, CFE – MSDA presentation on Saturday, March 21, 2020 – Replay!

Covid-19 – a Financial checklist at this time!  

Financial Checklist Recommendations

Good morning to all! As you know, things are evolving quickly…this is a very “fluid” issue…suggestions are welcomed! Here is a checklist of items that you should consider putting in place this week (beginning Monday, March 23, 2020): Banking & Finance – “Payment Relief” Please be sure to email your commercial banks (please cc me …read more →

A Checklist You Should Consider This Week

Good morning to all! As you know, things are evolving quickly…this is a very “fluid” issue…suggestions are welcomed! Here is a checklist of items that you should consider putting in place this week (beginning Monday, March 23, 2020): Banking & Finance – “Payment Relief” Please be sure to email your commercial banks (please cc me …read more →

A COVID-19 Business Response Update as of March 23, 2020

We are here for you! Needless to say, last week was a very trying week, but also a rewarding week as well! I am here for you! Many of you are asking so many excellent questions. The most popular question is, “I have paid my last payroll for March 2020, what should I do”? As …read more →

Important COVID-19 Banking Information

Due to the recent development of COVID-19, your banking information may have changed: Bank Terms Affinity Bank 1 day turn around on Lines of Credit (if existing customer) and 3 months deferred payments. Bank of America Interest only 90 days, must request Bank of America 60 day deferral of payments + line of credit BBVA …read more →

Important Message from the ADA and AGD

Ask your members of Congress to include dentistry in COVID-19 relief packages As you know, the novel Coronavirus, COVID-19, has resulted in dentistry taking action to stop its spread. The ADA has called for dentists to stop performing elective procedures until further notice to curtail the virus. This has resulted in significant negative repercussions to …read more →

HR6201 – Families First Coronavirus Response Act

HR6201 – FAMILIES FIRST CORONAVIRUS RESPONSE ACT   The bill still needs to be passed by the Senate and then signed by the President before it becomes law. This is a very “fluid” situation. It is changing by the minute. So many of you have called, e-mailed and texted me your questions. All the questions …read more →

A friendly update from Schiff & Associates, LLC!

What a difference a weekend makes! A lot has changed since last Friday. The purpose of this email is to bring you and your team up to date on the latest C-19 financial issues. I have also included many websites for your review as well as upcoming webinars that may be of help to you …read more →

A Friendly Notice from Schiff & Associates, LLC!

No doubt, Covid-19 has taken all of us by surprise. It is amazing how this health issue that was first detected in China in December 2019 has taken the world under its ugly arms and created havoc on our everyday life, disrupting our normal routines, our family lives and of course our business lives. Late …read more →