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Unemployment Insurance Benefits

How the CARES Act expanded Unemployment Insurance Benefits The CARES Act includes programs to expand unemployment benefits for regular beneficiaries and to those who would not normally receive these benefits, such as sole proprietors and self-employed individuals. Unemployment benefits are a lifeline for many who have lost work in the wake of the current health…

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Economic Stimulus Checks

The Coronavirus Aid, Relief, and Economic Security (CARES) Act authorized economic stimulus checks for millions of American taxpayers. Who is eligible for a stimulus check? All Americans with an Social Security Number: that are not under 17 or claimed as a dependent check recipients are required to have a SSN for themselves, their spouse, and…

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SBA Economic Injury Disaster Loan (EIDL)

The Cares Act expanded the existing SBA Economic Disaster Loan Program The SBA Economic Injury Disaster Loan is also available to small businesses and non-profit organizations that suffer economic injury as a direct result of a declared disaster. This includes but not limited to retailers, restaurants, owners of rental property, wholesalers and others. This loan…

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Paycheck Protection Program

What is the Paycheck Protection Program? On March 27, The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by the house of representatives and then signed into law by the President. The Cares Act provides $2 Trillion in emergency financial assistance to individuals, small businesses, large corporations, hospitals, health centers, state, and local…

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