Profit with Law: Profitable Law Firm Growth

CARES ACT UNPLUGGED - What's in the CARES Act for Law Firms - 079


Listen Later

Send us a text

Shownotes can be found at https://www.profitwithlaw.com/079.

On Friday, March 27th, President Donald Trump signed into law the Coronavirus Aid, Relief and Economic Act or the CARES Act. This episode is a re-purposed Facebook Live that goes into all the items in the bill that are relevant to a law firm owner.

  • 2020 Recovery Rebate for Individuals - Learn how they will determine who gets this credit and when you can expect it.
  • Delay of Certain Deadlines - Tax filing and payment deadlines extended to July 15, 2020.
  • Special Rules for use of retirement funds - Find out about increased loan allowance, ability to withdraw funds penalty free and ability to withdraw funds and re-deposit within 3 years.
  • Allowance of partial above the line deduction for charitable contributions - even if you don't itemize, you can deduct $300 in charitable contributions.
  • Loans, loans, loans - learn the difference between the EIDL (Economic Injury Disaster Loan) and the PPP (Payroll Protection Plan) Loan and what steps you should take today.
  • Relief for Student Loans - Learn how to get relief on your own loans as well as pay up to $5,250 to your employee's student loans as well.

Resources mentioned:

SBA COVID-19 ECONOMIC INJURY DISASTER LOAN APPLICATION - https://covid19relief.sba.gov/#/

Exclusive podcast community offer to join the Law Firm Growth Incubator for just $27/month. It will never be offered at this price again. - profitwithlaw.com/incubator

COVID-19 LiveStream Signup - For Any of the Topics Listed Below - https://www.profitwithlaw.com/covid



Join our Facebook Community: https://www.facebook.com/groups/lawfirmgrowthsummit/

To request a show topic, recommend a guest or ask a question for the show, please send an email to [email protected].

Connect with Moshe on:

Facebook - https://www.facebook.com/moshe.amsel

LinkedIn - https://www.linkedin.com/in/mosheamsel/

...more
View all episodesView all episodes
Download on the App Store

Profit with Law: Profitable Law Firm GrowthBy Moshe Amsel

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

90 ratings


More shows like Profit with Law: Profitable Law Firm Growth

View all
Your Law Firm - Lee Rosen of Rosen Institute by Lee Rosen

Your Law Firm - Lee Rosen of Rosen Institute

39 Listeners

Lunch Hour Legal Marketing by Legal Talk Network

Lunch Hour Legal Marketing

56 Listeners

The Law Entrepreneur by Sam Mollaei and Neil Tyra

The Law Entrepreneur

138 Listeners

Maximum Lawyer by Tyson Mutrux

Maximum Lawyer

202 Listeners

The Law Firm Owner Podcast by Melissa Shanahan

The Law Firm Owner Podcast

36 Listeners

Law Firm Growth Podcast by Jan Roos - Legal Marketing Expert, Author, and Speaker

Law Firm Growth Podcast

21 Listeners

Grow Your Law Firm by Ken Hardison

Grow Your Law Firm

55 Listeners

Wealthy Woman Lawyer Podcast, Helping you create a profitable, sustainable law firm you love by Davina Frederick

Wealthy Woman Lawyer Podcast, Helping you create a profitable, sustainable law firm you love

45 Listeners

Crushing Chaos with Law Firm Mentor by Allison C Williams, Esq.

Crushing Chaos with Law Firm Mentor

42 Listeners

BE THAT LAWYER by Steve Fretzin

BE THAT LAWYER

51 Listeners

The Game Changing Attorney Podcast with Michael Mogill by Michael Mogill

The Game Changing Attorney Podcast with Michael Mogill

526 Listeners

The Law Firm Blueprint by Jay Ruane & Seth Price

The Law Firm Blueprint

17 Listeners

GLF Podcast by Sasha Berson, Grow Law

GLF Podcast

6 Listeners

They Don't Teach This in Law School by Law Firm Alchemy LLC

They Don't Teach This in Law School

40 Listeners

The Lawyer Millionaire® Podcast: Business & Financial Planning for Law Firm Owners by Darren Wurz, CFP

The Lawyer Millionaire® Podcast: Business & Financial Planning for Law Firm Owners

23 Listeners