COVID-19 Help – Financial Support for the Novel Coronavirus

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Few things impacted the world of 2020 and 2021 like the outbreak of the COVID-19 novel coronavirus at the end of 2019. Discovered in Wuhan, China, it quickly spread around the globe and became a massive disruptor of life and business. When the initial business shutdowns and lockdowns were ordered in March 2020, the US Government jumped in with a series of economic bills, passed via unanimous consent or voice votes, to keep the economy from completely cratering. This COVID-19 help was designed to mitigate some of the early impacts of the COVID-19 Pandemic responses.

CARES Act information for COVID-19 Help with the Novel Coronavirus

Many things required quick adaptation by businesses, as well as “first to file” business stimulus funds that required you to get things into the government in the first 1-2 days. Rules were changed, sometimes multiple times in a week. Many of these posts are from that chaotic time period, and a video from Monday might be outdated by Wednesday. We maintain this archive for historical purposes and a reminder of what we were all doing in the early pandemic phase.

These posts are all related to matters stemming from the government’s COVID-19 help, primarily federal responses but city, county, and state governments offered their own COVID-19 Assistance program, sometimes funded by the CARES Act and sometimes with local funds.

The CARES Act was one of the most ambitious sets of government actions, with new programs launched within days. The SBA created administrative rules that often altered the impact of the law, making it difficult to determine what COVID-19 help you qualified for.

Stimulus Check FAQs

By |2021-04-05T13:00:46-04:00March 31st, 2021|Quickies with Bette|

Stimulus checks can be a source of relief and stress. If you fall into the ladder position, I'm here for you. Hi, I'm Bette Hochberger, CPA CGMA, and I want to thank you all for reaching out to me with questions regarding your stimulus checks. I'm flattered at how many people reached out to us, but it's too many for me to call you each back, so I wanted to get you an answer as soon as possible. These are the main questions we've been receiving.

PPP Second Draw

By |2021-03-01T22:08:15-05:00February 2nd, 2021|Deadlines and Updates, Deeper and Longer with Bette|

Welcome back to Finance Friday. I've been getting a lot of questions about the PPP second draw by clients and business owners and lots of curious people so I figured it would be great to go over what the PPP second-draw looks like and try to answer some FAQs that I've been getting and explain a little bit about this program.

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