Government

Free Money From the Government for Small Businesses and Independent Contractors: FAQs on the Newly Expanded SBA Grant Program

Under the CARES Act passed on March 27, 2020, independent contractors, small businesses, gig workers, and freelancers are eligible to receive a government grant of up to $10,000. The SBA sometimes refers to these grants as “advances,” but you are not required to repay this money to the government. The application process involves filling out […]

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Paycheck Protection Program, Round 2: Can Your Business Receive Any of This Money?

On Friday, April 24, President Trump signed into law a new bill providing a much needed additional $310 billion into the Paycheck Protection Program (PPP), created under the CARES Act (Coronavirus Aid, Relief and Economic Security Act) to help small businesses keep employees on the payroll, and Economic Injury Disaster Loans (EIDL). Out of the

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How to Get $1000 if You Are a Freelancer, Gig Worker or Independent Contractor

Under the CARES Act passed on March 27, 2020, independent contractors, gig workers, and freelancers affected by the coronavirus crisis are eligible to receive a government grant of $1000. The SBA sometimes refers to these grants as “advances,” but you are not required to repay this money to the government. The application process involves filling

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IRS Launches Online Tool to Track the Status of Your Stimulus Payment and Have It Direct Deposited

On April 15, 2020, the IRS announced the launch of the “Get My Payment” online tool which provides individuals with a status of their stimulus payment, including: How the stimulus payment will be sent (direct deposit or mail) The date the money will be mailed or scheduled to be deposited to your bank account How

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Where’s the Money? The Top 10 Frequently Asked Questions About CARES Act Loans

The federal government enacted in late March legislation to help small businesses suffering from the COVID-19 crisis. The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) provides for the availability of $349 billion in Small Business Administration (SBA) loans. There are currently two types of loans available: Economic Injury Disaster Loans (EIDL) and Paycheck

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Small Business Relief Must Be a Priority During the COVID-19 Pandemic

By Alexis Glick As the COVID-19 health emergency has been unfolding, I’ve been doing some writing and media appearances talking about a group of people I care passionately about—namely, the millions of underserved children in the United States who depend on the U.S.D.A.’s school lunch and school breakfast programs for the lion’s share of their

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Upcoming Certification Changes for Women-Owned Businesses

If you’re a woman small business owner who wants to do business with corporate or government clients, you know there’s a lot of competition. But you can get an edge by getting your company certified as a woman-owned business. Certification makes your business more visible to potential clients, increases your networking opportunities, and can expose

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Newly Available CARES Act Loans: 10 Things Small Businesses Need to Know

The federal government has recently enacted two pieces of legislation to help small businesses weather the COVID-19 crisis, including the CARES (Coronavirus Aid, Relief, and Economic Security) Act passed on March 25, which provides $349 billion in Small Business Administration (SBA) loans. The previous bill provided for $7 billion in additional loans. It is important

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Small Business Relief: COVID-19 Resources for Startups

Small businesses are struggling to find relief during the COVID-19 pandemic. According to Forbes, about 30 million small businesses across the United States are in trouble, with half that number blaming the pandemic for revenue decline. As states work to approve emergency funding measures for business owners, many companies are closing their doors and laying

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