How Businesses Can Claim COVID-19 Relief before Time Runs OutMiller, StevenHylton, EricCPA Journal
A new round of COVID-19 relief legislation provides $284 billion in additional PPP loan funds for small businesses. The legislation mandates that $35 billion of that money will go to first-time (first-draw) borrowers with 500 or fewer employees. An additional $15 billion will provide first-...
In March 2020, Congress passed theCoronavirus Aid, Relief and Economic Security (CARES) Act, which allows retirement savers to withdraw up to $100,000 from accounts penalty-free if they have been impacted by the COVID-19 pandemic. Distributions were required to be taken by the end of 2020....
A $1 donation usually provides between two and five meals, depending on the food bank.Feeding Americais another source for food banks across the country that are seeking financial support as part of its response to COVID-19. You can also donate canned or other shelf-stable foods like dr...
Among all the subcategories, skin care has won the most traffic, while color cosmetics has gained the biggest year on year growth up to January 24th 2020. How will personal care and beauty categories perform after the outbreak of Covid-19? We have the following predictions: 1. Short-term...
The Covid relief bill released Monday by a bipartisan group of senators has many helpful — if temporary — provisions for unemployed workers, according to experts. The relief package — which, if passed, would be the first since the CARES Act in early spring —extends expiring aid program...
Servicemembers Civil Relief Act (SCRA): If you are an active member of the Armed Forces, SCRA can help you qualify for a lower interest rate on credit card debt. National Foundation for Credit Counselling: NFCC is a nonprofit organization that can connect you to a member agency and helps ...
One thing that Barajas said to avoid if possible is any high-interest debt, such as payday loans. watch now VIDEO00:00 House to vote today on $2,000 checks for Covid relief—Here's the latest Tap a retirement account If you have a retirement account such as a 401(k) and are under...
the House is expected to pass the $1.9 trillion COVID relief package, and then President Biden will sign it into law. The legislation sends money just about everywhere — to families struggling to get by, to states and cities where tax revenue has fallen, to restaurants and to the unemploye...
A Note About COVID-19 Emergency Relief Benefits In response to the coronavirus pandemic, the federal government implemented emergency relief benefits for most federal student loan borrowers. This included suspending payments, setting the interest rate on qualifying federal loans to ...