April 17, 2020


As our commitment to our clients and followers, for the last four weeks we have been providing updates on actions taken by the Federal Government to help small business and individuals. Today, we focus on Florida and Miami-Dade County. Here are some of the initiatives that may be helpful to your small business:
  • Micro Finance Guarantee Program-  Through this program, the State guarantees loans received from private lenders.   The program is available for small businesses with 25 or less employees and revenues of less than $1,500,000. The program is currently waving its initial fee. Click here for more information:
  • Short Term Compensation- The short term compensation program provides prorated unemployment benefits for full time employees whose hours need to be reduced to avoid layoffs. In order for your employees to participate, you must first submit a short-term compensation plan to the DEO for approval. Click here for more information:
  • Annual Report- The deadline for filing your corporation’s or LLC’s annual report with the Division of Corporations ( has been extended to June 30.
  • Sales Tax Filing- The filing and payment of Sales and Use Tax (along with Tourist Development Tax, Solid Waste Fees and Prepared Wireless E911 fees) has been extended to April 30 for businesses adversely affected by Covid-19.  Adversely affected means your business is closed, it collected less than 75% of sales tax in March 2020 compared to March 2019, the business was established after March 2019, or the business files quarterly.
  • Documentary Stamp- Documentary stamps have been waived for loans your business receives pursuant to the CARES Act (the SBA Economic Injury Disaster Loan (EIDL) and the Payroll Protection Program (PPP) :oan).
  • Building Permits- Under Florida law, when a state of emergency for a natural disaster is issued, building permits are tolled and extended for the period of state of emergency and for an additional six months after the emergency is terminated. 
If you have any questions about the above or any of the relief programs provided in the CARES Act, such as, the EIDL or PPP, please contact us at 305-222-7282 or

You can view our prior updates here:

April 10, 2020 Update

April 1, 2020 Update

March 28, 2020 CARES Act

March 26, 2020 Update

March 20, 2020 Update

March 19, 2020 Tax Credits for Paid Sick Leave

March 17, 2020 Small Business Resources

March 13, 2020 Update

March 6, 2020 Coronavirus Effects on Contracts 

Please note:  The information above is not legal advice, represents only a summary and by no means encompasses all the aspects of each program and initiative. Please make sure to confer with your attorney, accountant and/or banker in connection with your situation and circumstances.  And, please contact us, if we may be of assistance to you and/or your business.
At Ser & Associates we provide a business approach to legal services. It’s our mission to work with small businesses and their owners with a one-stop shop approach that includes business and contract law, residential & commercial real estate (buy/sell, leasing), land use & zoning, government contracting, minority certification, litigation, estate planning, intellectual property (trademarks/copyrights) and wealth protection. We also offer the MyGC/My General Counsel® Program to those business owners requiring on-going legal services at an affordable monthly rate.  Contact us at or 305-222-7282 for a free consultation. 
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2100 Ponce De Leon Blvd. Suite 1180
Coral Gables, FL 33134

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