Starting today – July 15, families with children will receive more money due to the expanded Child Tax Credit. Working families can expect to receive up to $3,600 per child under the age of six, or $3,000 per under the age of 18. The credit would come as a monthly payment of up to $300…
Expanded Child Tax Credit Monthly Payments Start Today! Read More »
Even as federal Covid-19 relief programs end, like the Paycheck Protection Program, it’s likely your business may still need financial help. Last month, a survey by Yahoo Small Business reported half of the country’s smallest businesses continue to struggle due to the pandemic. The survey showed that just 38% of microbusinesses (those with fewer than
Small Business Funding is Still Available if You Look in the Right Place Read More »
Last week, the Small Business Administration (SBA) announced a new round of Economic Injury Disaster Loan (EIDL) assistance, known as “Supplemental Targeted Advances”. This will make $5 billion in additional grants available to small businesses hit hardest by the COVID-19 pandemic. New Grant Details The new program offers an extra $5,000 that doesn’t need to
Latest SBA Grant Program Aimed at Helping Small Businesses Read More »
Small businesses now have an additional two months to apply for the Paycheck Protection Program. The March 31st deadline has been pushed to May 31, thanks to the Senate on passing the PPP Extension Act of 2021. Passage of the PPP extension came nearly one week after the House approved the bill. In addition to
PPP Loan Deadline Extended to May 31 Read More »
The $1.9 trillion stimulus plan called the American Rescue Plan is just one signature away from becoming law –And here’s what you need to know about it. While most Americans were focused on the $1,400 stimulus checks, it’s the extension of the child tax credit in the relief legislation that many are calling a radical
$1.9 Trillion “American Rescue Plan” Passed Read More »
Now that the House and Senate officially passed the $1.9 trillion stimulus bill, you may be wondering when will the $1,400 stimulus checks go out. The House plans to pass the amended COVID-19 relief bill Tuesday, with President Biden signing it into law before March 14. After that, the IRS can speed up the process
When Will The Third Round of Stimulus Checks Arrive? Read More »
The Raise the Wage Act of 2021, a Democrat-led bill introduced last month, was dropped from a Senate bill last week. However, despite President Biden recently stating a wage hike was unlikely, the House Education and Labor Committee included the provision in a first draft release of Biden’s $1.9 Covid-19 relief package. Now, Democrats aim to push
Is Biden’s $15 Hourly Wage Increase Worth Losing 1.4 Million Jobs? Read More »
As negotiations continue on the third round of stimulus checks, it appears fewer Americans would get them. Democrats have recently released a new bill adopting the same phase-out thresholds used for first and second-round payments. The bill will become part of the larger one that’s being pieced together as part of the Biden Administrations’ 1.9
New Provisions May Limit Who Receives a Third Round Stimulus Check Read More »
The December 2020 stimulus package added 11 weeks of unemployment with an expiration date of March 14. Keep in mind, there’s an overflow period lasting until April 5 for those who have exhausted their state’s benefits before the expiration date. Which states have yet to send $300 bonus checks? As of Jan. 29, 49 states
How Long Will $300 Unemployment Bonus Checks Last? Read More »
The U.S. Small Business Administration (SBA) released a one-page form to simplify applying for forgiveness of Paycheck Protection Program (PPP) loans. They also released newly revised and updated forms to meet the requirements of the most recent stimulus-related legislation. The COVID-19 relief package passed last month saw the return of the PPP lifeline. The package
New, Revised Forms Make Applying For PPP Loans Easier Read More »
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