This page contains COVID-19 guidelines and resources for you and your employees. Please see the links below for updates from the U.S. Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO) to stay current on public health guidelines.
Navigating Covid-19, Legal Implications**Members: Please login and go to Webinars in the Training section to access the recording and PowerPoint.**
Join Scott Kamins from Offit Kurman for a complimentary webinar on the Coronavirus pandemic and textile industry operators - what you need to know to operate, survive, and restore your business during these unprecedented times.
CSCNetwork Owners Forum**Members: Please login and go to Webinars in the Training section to access the recording.**
As we all try to work through these challenging times, we wanted to offer our members a forum to come together and share information and ideas. CSC hosted a live group session for owners with a legal/HR expert joining us to help answer questions.
Financial and Tax Assistance
In an effort to combat the toll that COVID-19 is taking on individuals and businesses, the Secretary of the Treasury, Steven Mnuchin, announced some relief for taxpayers. Many questions remain unanswered, but we expect more details about the relief to be released by the Treasury Department in the coming days.
Highlights of the extension:
·Taxpayers and businesses have an additional 90 days, until July 15, 2020, to pay their
·The filing deadline is still April 15, 2020
·Individuals may defer up to $1 million and corporations up to $10 million of taxes owed
·All U.S. taxpayers will qualify for the extension
·Extension of tax payment will not be subject to penalties or interest
Click Here to read the UBS Wealth Planning Alert: Treasury Department to Extend Time to Pay Taxes, though Time to File Remains Unchanged So Far for a more detailed discussion.