Congress’s passage of the CARES Act (Coronavirus Aid, Relief and Economic Security Act) stimulus package on Friday, March 27 is a hopeful sign that our nation will take the necessary steps to mitigate the suffering of the Coronavirus pandemic and set the course for lasting recovery.
The $2 trillion emergency stimulus package provides crucial relief for consumers & businesses.
Powell Valley National Bank has compiled this list of resources to help individuals and organizations navigate the CARES Act.
Individuals:
IRS Coronavirus Landing Page: https://www.irs.gov/coronavirus
The IRS has set up a Coronavirus webpage which will be updated as more information is available. As of Monday, March 30, the page says, “Stimulus payment checks: No information available yet. No sign-up needed. Instead of calling, please check back for updates.”
IRS Free Online Tax Filing: https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free
A Message From The FTC Regarding Coronavirus Scams: https://www.powellvalleybank.com/message-from-the-ftc-regarding-coronavirus-scams/
Small Businesses:
Coronavirus (COVID-19): Small Business Guidance & Loan Resources: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
SBA Disaster Assistance in Response to the Coronavirus: https://www.sba.gov/disaster-assistance/coronavirus-covid-19
SBA Disaster Loan Assistance Online Application: https://disasterloan.sba.gov/ela/
The Risk Management Association – Coronavirus Resource Center: https://landing.rmahq.org/coronavirusresourcecenter
RMA Summary of Senate Omnibus Cares Act: https://www.rmahq.org/summary-of-senate-omnibus-cares-act/
U.S. Senate Committee on Small Business & Entrepreneurship – Guide to the CARES Act: https://www.sbc.senate.gov/public/index.cfm/guide-to-the-cares-act
U.S. Chamber Of Commerce – Combatting the Coronavirus: Resources for Businesses: https://www.uschamber.com/coronavirus
Coronavirus Emergency Loans Small Business Guide and Checklist Prepared By The U.S. Chamber Of Commerce: https://www.uschamber.com/sites/default/files/023595_comm_corona_virus_smallbiz_loan_final.pdf
