Blog

28
Dec

Overview of Pandemic Relief Bill for Individuals

Below is a summary of the stimulus relief for individuals that is part of the Consolidated Appropriations Act, 2021 (H.R. 133) which was signed into law on 12/27/2020. Second round of stimulus checks/direct deposits Stimulus payments should start being processed in the coming week(s). Stimulus payments are $600 for each individual ($1200 per couple) and $600 for children age 17 and under. The amount of the stimulus payment will start…  Read more

28
Dec

Overview of Pandemic Relief Bill for Businesses

Below is a summary of the stimulus relief for businesses that is part of the Consolidated Appropriations Act, 2021 (H.R. 133) which was signed into law on 12/27/2020. Paycheck Protection Program second draw Congress has created a PPP second draw available to smaller businesses that can show their business has been impacted by the pandemic. The second draw offers a similar package to the PPP offered out of theĀ  CARES…  Read more

3
Nov

Small Businesses and NonProfits may apply for ReBuild VA Grant

The Rebuild VA Grant Fund has expanded its eligibility criteria to allow more small businesses and nonprofits to apply. Any small business or nonprofit with $10,000,000 or less in gross revenue OR 250 or fewer employees may now apply. The maximum grant award increased from $10,000 to $100,000. ReBuildVA funding may be used for these eligible expenses: Payroll support, including paid sick, medical, or family leave, and costs related to…  Read more