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Federal Student Loan Borrowers Get Some Relief Due to COVID-19

On March 20, 2020, the Department of Education announced terms for student loan relief for tens of millions of borrowers in response to COVID-19. Here are answers to some questions about the new rules. For more information  and to follow subsequent potential rule modifications, visit the federal student aid website.

Carefirst COVID-19 Information

March 26, 2020

In addition to directly impacting the health and safety of thousands, the COVID-19 outbreak is contributing to widespread interruption and loss of income for individuals and businesses across the country. During this challenging time, CareFirst is committed to ensuring that our members’ policies are not cancelled for nonpayment of premium and there is flexibility in eligibility requirements in order to reduce barriers to care.

Due Date for Federal Income Tax Returns and Payments Postponed to July 15

Due to the coronavirus pandemic, the due date for filing federal income tax returns and making tax payments has been postponed by the IRS from Wednesday, April 15, 2020, to Wednesday, July 15, 2020. No interest, penalties, or additions to tax  will be incurred by taxpayers during this 90-day relief period for any return or payment postponed under this relief provision.

Maryland's COVID-19 Business Response Website

The State of Maryland has taken far-reaching and proactive steps to minimize the impact of COVID-19 across our state, including ordering state employees to telework, closing public schools, closing casinos and racetracks, and activating the National Guard so it is ready to carry out any emergency functions that may be needed. State agencies including the Department of Commerce remain prepared to serve our clients in the business community. 

Important Information for Small Business Owners Impacted by COVID-19

Our Dearest Brooks Financial Group Family,

As news of the Coronavirus (COVID-19) continues to grow, it is our goal to keep you informed about financial matters impacting us all.  

BFG's COVID-19 General Information & Best Practices

We at Brooks Financial Group (BFG) are aware of the challenging times we all face personally and professionally as we navigate the uncharted territory of COVID-19. We continue to monitor national, state and local reports and comply with their recommendations. We have adapted processes and procedures that allow us to continue to provide our high level servant leadership to our trusted partner client relationships, while mitigating exposure to all stakeholders. 

Information Regarding the Families First Coronavirus Response Act (FFCA)

Our Dearest Brooks Financial Group Family,

As news of the Coronavirus (COVID-19) continues to grow, it is our goal to keep you informed.

Today, we'd like to share an alert regarding the Families First Coronavirus Response Act (FFCA) and Emergency Family and Medical Leave which was passed and signed into law on March 19, 2020.

Considerations for Small Business Owners, CEOs, and Executives

When the World Changes, Change the World

Dear Members of the Brooks Financial Group Family,

Brooks Financial Group's Working Arrangements Amid COVID-19

Our Dearest Brooks Financial Group Family,

As you are all well aware, the situation around the Coronavirus (COVID-19) has evolved rapidly in the past few days, especially in Maryland. At Brooks Financial Group, we are taking the steps necessary to protect our employees, our valued relationships, and the community from the spread of the Coronavirus.

Perspectives on Market Volatility Amid the Coronavirus (COVID-19)

To Our Valued Relationships, 

We are writing to you today as a follow up to our initial communication on February 26, 2020,  to provide our latest assessment and historical perspective of the extreme market volatility that continues to persist given the global spread of the novel Coronavirus (COVID-19).