If you are stressed out, it’s important that you know where and how to get access to financial relief. Please consider this not only for yourself, but for your adult children and elderly parents, too, even if you don’t need it for yourself.
On March 27, President Trump signed a $2.2 trillion stimulus bill into law that will hopefully provide some relief for many, perhaps including you. The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) sends money directly to Americans, expands unemployment coverage, and funds loans and grants for small businesses.
Our latest blog post talks about how you can access these funds, both as an individual and as a business owner.
Please note, the Small Business Administration (SBA) continues to update its guidance. Since we finished writing the following blog post, the SBA has already changed its tune, now saying that instead of a $10,000 grant to small businesses who apply, they’re looking at granting $1,000 per employee. Tomorrow, the SBA may say something different. But regardless of the amount of relief granted, you won’t receive anything if you don’t apply at all!
As we continue to receive updates on the law, we will do our best to keep you posted about those changes as well. Please continue to monitor our social media for updates. Thank you! taxnews stimulus lakeconsultingfirm taxprofessional covıd19 thetaxlady irs businesstaxes taxseason2020 moneywatch moneymoves debtfreecommunity workwithme workfromanywhere