Saturday, March 28, 2020

Covid-19 Help for Small Business - Calculate Your Stimulus Check - Coronavirus Aid, Relief, and Economic Security (CARES) Act - Stimulus Check Calculator

President Donald Trump has signed legislation that Congress approved this week that will allocate a massive amount in funding to support the U.S. economy and workers through the coronavirus outbreak.



Covid-19 Assistance - Stimulus Check Calculator - $2.2 trillion rescue package

The hallmark of the $2 trillion stimulus package were one-time $1,200 direct payments to adults making up to $75,000.

Click here to use the online calculator to find out how much you could get from the federal government as part of the relief package.

Covid-19 Help for Small Business

A $350 billion forgivable loan program designed to ensure that small businesses do not lay off employees

A 50% refundable payroll tax credit on worker wages will further incentivize businesses, including ones with fewer than 500 employees, to retain workers

Looser net operating loss-reduction rules that will allow businesses to offset more

A delay in employer-side payroll taxes for Social Security until 2021 and 2022

Sole proprietors and other self-employed workers could be eligible for the expanded unemployment-insurance benefits the bill provides

A portion of the $425 billion in funds appropriated for the Federal Reserve’s credit facilities will target small businesses

Click here to learn about some of the tax relief available for both businesses and individuals.

 Click here to apply for disaster relief loans.

Coronavirus Aid, Relief, and Economic Security (CARES) Act

Click here to read F.A.Q. on Stimulus Checks, Unemployment and the Coronavirus Plan.

Click here to read the $2 Trillion Coronavirus Relief Bill - Coronavirus Aid, Relief, and Economic Security (CARES) Act.




What Appears to be Missing From the Federal Disaster Package

Independent contractors and gig economy workers may not be able to delay payments on self-employment taxes.

It appears there are no benefits specifically for helping healthcare workers. There is also nothing included specifically designed to help people start new businesses.



Am I Missing Anything?

Is there other money out there designed to help small business? If so, message me so I can add it to this article.



Are you looking for investors for your business, contact us today, funding@omegaaccelerator.com.  


Are you interested in angel investing and helping us fund early-stage businesses? Email info@OmegaAccelerator.com. 


Click here if you would like me to personally consider investing in your business. If I do not personally invest, I will give you specific tips for finding funding. Unlimited follow-up meetings. 100% satisfaction guaranteed. https://rencarlton.blogspot.com/2019/09/funding-session-with-ren-carlton.html


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Disclaimer: This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service. We are not offering any legal, investment, tax, or medical advice. Please consult the appropriate professional before doing anything you learn from the content posted on any of our digital properties. All stories are based on true events, but are altered to protect the identity of the individuals involved.
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2 comments:

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