Intuit Aid Assist Helps Small Businesses Assess Eligibility For Relief Under CARES Act

Intuit Aid Assist

Intuit, the maker of TurboTax, QuickBooks and Mint, released Intuit Aid Assist, a free website with an interactive tool to help eligible small business owners and the self-employed assess how much federal relief they qualify for under the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act, administered by the Small Business Administration (SBA). Intuit Aid Assist is […]

American Institute of CPAs Urges Additional Funding for Paycheck Protection Program

American Institute of CPAs - AICPA

The American Institute of CPAs (AICPA) urges swift approval of additional funding for the SBA Paycheck Protection Program (PPP), a crucial initiative under the CARES Act to provide relief for small businesses and their employees. With reports that the PPP’s initial $349 billion pool of funds will be fully subscribed as early as today, the […]

SBA Report Suggests Paycheck Protection Program Will Be Out of Money This Week

SBA Paycheck Protection Program Loans

The Small Business Administration (SBA) provided an update on the Paycheck Protection Program (PPP) lending program. In the CARES Act passed by Congress to help with the current coronavirus (COVID-19) crisis economic meltdown, lawmakers allocated $350 billion towards the PPP loan program. Yesterday, the SBA issued an interim report showing about $246 billion in loans […]

Check Your Bank Balance – You May Have Received Your Economic Impact Payment

Happy Woman

The IRS confirmed in a tweet today that the first round of economic impact payments has been sent by direct deposit to individuals and families. #IRS deposited the first Economic Impact Payments into taxpayers’ bank accounts today. We know many people are anxious to get their payments; we’ll continue issuing them as fast as we […]

Where is The Coronavirus Stimulus Money? – Small Business Owners Keep Asking

Washington DC Capitol

The $2.2 Trillion CARES Act includes a provision for small businesses to receive up to $2 million in an Economic Injury Disaster Loan (EIDL) from the Small Business Administration (SBA). The EIDL program is an expansion of an existing SBA loan program the agency offers during other types of disasters such as hurricanes and earthquakes. […]

SCORE – The Free Small Business Resource Many Never Heard Of!

SCORE Young Business People

In today’s modern world of social media, Google search, and YouTube videos, there are plenty of digital ways for small business owners to find answers to questions. It’s convenient (24/7), but it’s voluminous, overwhelming and at times contradictory. Since 1964, SCORE, a non-profit organization funded in part by a grant from the U.S. Small Business […]

NRF Hopeful About U.S. Economic Rebound Once Coronavirus Crisis is Over

NRF Jack Kleinhenz

In the April issue of the National Retail Federation’s Monthly Economic Review, NRF Chief Economist Jack Kleinhenz says the coronavirus pandemic “has triggered shocks” – but that the underlying economy is sound. “How quickly the country gets a handle on containing the virus will determine the degree of the impact on the economy and how soon businesses […]