Under the CARES Act passed on March 27, 2020, independent contractors, small businesses, gig workers, and freelancers are eligible to receive a government grant of up to $10,000. The SBA sometimes refers to these grants as “advances,” but you are not required to repay this money to the government. The application process involves filling out […]
On Friday, April 24, President Trump signed into law a new bill providing a much needed additional $310 billion into the Paycheck Protection Program (PPP), created under the CARES Act (Coronavirus Aid, Relief and Economic Security Act) to help small businesses keep employees on the payroll, and Economic Injury Disaster Loans (EIDL). Out of the
Paycheck Protection Program, Round 2: Can Your Business Receive Any of This Money? Read More »
Under the CARES Act passed on March 27, 2020, independent contractors, gig workers, and freelancers affected by the coronavirus crisis are eligible to receive a government grant of $1000. The SBA sometimes refers to these grants as “advances,” but you are not required to repay this money to the government. The application process involves filling
How to Get $1000 if You Are a Freelancer, Gig Worker or Independent Contractor Read More »
On April 15, 2020, the IRS announced the launch of the “Get My Payment” online tool which provides individuals with a status of their stimulus payment, including: How the stimulus payment will be sent (direct deposit or mail) The date the money will be mailed or scheduled to be deposited to your bank account How
The federal government enacted in late March legislation to help small businesses suffering from the COVID-19 crisis. The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) provides for the availability of $349 billion in Small Business Administration (SBA) loans. There are currently two types of loans available: Economic Injury Disaster Loans (EIDL) and Paycheck
Where’s the Money? The Top 10 Frequently Asked Questions About CARES Act Loans Read More »
In late March, the federal government passed the CARES Act in response to the coronavirus crisis. As part of this new legislation, individual workers, independent contractors, gig workers, and freelancers are immediately entitled to receive a onetime $1,200 payment ($2,400 for married couples) from the IRS, plus an additional $500 per dependent 16 years or
How to Get Your $1,200 Stimulus Payment Direct Deposited to Your Bank Account Read More »
By Alexis Glick As the COVID-19 health emergency has been unfolding, I’ve been doing some writing and media appearances talking about a group of people I care passionately about—namely, the millions of underserved children in the United States who depend on the U.S.D.A.’s school lunch and school breakfast programs for the lion’s share of their
Small Business Relief Must Be a Priority During the COVID-19 Pandemic Read More »
If you’re a woman small business owner who wants to do business with corporate or government clients, you know there’s a lot of competition. But you can get an edge by getting your company certified as a woman-owned business. Certification makes your business more visible to potential clients, increases your networking opportunities, and can expose
Upcoming Certification Changes for Women-Owned Businesses Read More »
The federal government has recently enacted two pieces of legislation to help small businesses weather the COVID-19 crisis, including the CARES (Coronavirus Aid, Relief, and Economic Security) Act passed on March 25, which provides $349 billion in Small Business Administration (SBA) loans. The previous bill provided for $7 billion in additional loans. It is important
Newly Available CARES Act Loans: 10 Things Small Businesses Need to Know Read More »
Small businesses are struggling to find relief during the COVID-19 pandemic. According to Forbes, about 30 million small businesses across the United States are in trouble, with half that number blaming the pandemic for revenue decline. As states work to approve emergency funding measures for business owners, many companies are closing their doors and laying
Small Business Relief: COVID-19 Resources for Startups Read More »
