Congress has just passed the largest economic stimulus bill ever. Included is much needed economic relief for both individuals and small businesses. Every single one of us has been affected by this national emergency, and we want to do everything we can to support you during this crisis. We’re sure you have many, many questions such as:
Do I need to apply for an SBA loan?
My business is closed or not earning any money…should I furlough my employees or lay them off?
How do I claim tax credits for wages I’m paying?
Should I pay my rent or mortgage payments?
How am I going to pay my bills?
What needs to be done to access the promised government relief?
Do I need to pay employees who are sick for an extended period of time or can’t come to work for some reason?
There are thousands of questions to be answered. We are working around the clock right now to gather as much information as we can for you. Thankfully, congress has passed the CARES Act, creating the remedy we all need. Unfortunately, we are still left waiting for information about how the provisions will be implemented. Answers will continue to emerge over the next few days. We need time to focus on finding accurate answers for you, so we ask that you hold your questions for at least 24 hours.
Here’s what we are doing for you:
On Monday we will be hosting a small business webinar to share what we know so far and do our best to answer questions. Invitations will be sent ASAP. Please make sure to read through the info on our website before this online meeting.
We will continue to update our website with new info as it is received.
We will be working to develop a new service to assist our clients with applying for the promised aid.
We will host a weekly update webinar to review new information as it emerges.
Please share this information with friends, family, and colleagues. Also, if you receive any important info from official sources, PLEASE send to us so we can share the information!
Joel Hendriks and John Hopkins