DISASTER RELIEF ASSISTANCE LINKS AND FAQ’S

 

 

This page will be updated as information becomes available so check back often

This is the complete bill

FEDERAL PANDEMIC RELIEF BILL

Paycheck Protection Program

PAYCHECK PROTECTION PROGRAM

Where can I apply for the Paycheck Protection Program?

You can apply for the Paycheck Protection Program (PPP) at any lending institution that is approved to participate in the program through the existing U.S. Small Business Administration (SBA) 7(a) lending program and additional lenders approved by the Department of Treasury. 

FULL EXPLANATION IN PDF FORMAT

Other Loan Options

OTHER SBA LOAN OPTIONS

 

IRS Tax filing and payments are extended to July 15th

If you’ve already filed a return and scheduled a payment for April 15, you can call the I.R.S. at 888-353-4537 and cancel it.

What if I haven’t filed tax returns recently?

It could affect your payment. File a return immediately, at least for 2018, according to the I.R.S. website. 

IRS Coronavirus Info

Are gig workers, freelancers and independent contractors covered in the bill?

Yes, self-employed people would be newly eligible for unemployment benefits.

UNEMPLOYMENT FOR SELF-EMPLOYED

State and Local Coronavirus Small Business Assistance

States and municipalities are adding programs by the day. Check your governor’s website for up-to-date information about relief available in your area. The National Governors Association offers a list of governors’ websites

Governors’ Office Addresses and Websites

What if I have to take money out of my I.R.A. or workplace retirement plan early?

You could withdraw up to $100,000 this year without the usual 10 percent penalty, as long as it’s because of the outbreak.

This is a great spreadsheet put together by my friend Susie Fabrocini

COMPREHENSIVE LIST OF RESOURCES
http://www.StrategicMoneyManagementForWomenEntrepreneurs.com

CONTACT US

3714 Parsons Blvd Suite 5A Flushing, NY 11354
(661) 752-5639
joe@bedrockbusinessbuilders.com