Coronavirus Financial Assistance

	A	B	C	D
1	Scott E. Hunzinger, CPA
2	scott@hunzingerpc.com
3	@hunzinger
4	www.hunzingerpc.com
5
6
7	What	Who	Why	Where
8
9	Shared Work Program	NY State	Reduce your employees' hours but retain them. They get partial unemployment	https://www.labor.ny.gov/ui/dande/sharedwork1.shtm
10
11	Tax deadline to 7/15	IRS	To give everyone 3 more months to pay. Still file if you think you're getting a refund...or if you need the info for a bank loan or mortgage.	https://www.irs.gov/coronavirus
12
13	NY Tax Relief	NY State	No penalties and/or interest for late paying during the crisis	https://www.tax.ny.gov/press/alerts/sales-tax-relief-for-covid-19.htm
14
15	Bank loan deferral	Federal	Push bank loan payments for a few months	https://www.fool.com/the-ascent/banks/articles/banks-helping-coronavirus/
16
17	NYC Loans	NYC	To help small businesses with cash struggles	https://www1.nyc.gov/nycbusiness/article/nyc-small-business-continuity-loan-program
18
19	NYC Employee Retention Program	NYC	A grant to help small businesses retain employees	https://www1.nyc.gov/nycbusiness/article/nyc-employee-retention-grant-program
20
21	SBA	SBA	Small Business Administration loans	https://disasterloan.sba.gov/ela/
22
23	SBA Loan Assistance	SBA	If you need some guidance on how to apply	http://www.nysbdc.org/selector/ReqForCons/formo.aspx
24
25	Stimulus Calculator	IRS	To find out how much you will receive from the stimulus bill	https://www.washingtonpost.com/graphics/business/coronavirus-stimulus-check-calculator/
26
27	Paycheck Protection Program Loan	SBA	To cover employee payroll, rent & utilities for up to 8 weeks. It's offered as loan forgiveness on an SBA loan.	https://home.treasury.gov/system/files/136/PPP--IFRN%20FINAL.pdf
28				Per Chase, prepare by having the following: date you started your business (on your tax return), detailed payroll information for the past 12 months (Get this from your payroll provider - the 941's for the past 4 quarters should suffice as long as it shows employee information), your annual revenue (tax return should suffice if you've completed it, otherwise a profit & loss statement will do) and your business mailing address. You will also need a payroll report for the period 1/1/20 - 2/15/20.
29			If your bank isn't participating....	www.lendio.com or www.kabbage.com or https://divvyapply.crossriversba.com/
30				Quickbooks is possibly launching an application soon.
31
32	NYS Unemployment Guidelines for Freelancers	NY State	Guidelines on how to complete your unemployment application if you are self-employed.	https://www.labor.ny.gov/ui/pdfs/self-employed-ui-guide.pdf
33
34	Freelancers Union Relief Fund	Freelancers Union	Financial Assistance (up to $1k)	https://www.freelancersunion.org/resources/freelancers-relief-fund/
35
36	SBA Emergency Grant	SBA	Small Business Emergency Grant $10k	https://covid19relief.sba.gov/#/
37
38	Artist Relief Grant	Artist Relief	Up to $5k in grants	https://www.artistrelief.org
39
40	Economic Impact Payments	IRS	Up to $1,200 per person, $500 per individual.	https://www.irs.gov/coronavirus/economic-impact-payments
41				If the IRS doesn't have your banking info or you moved, you can provide your updated info to the IRS.
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100