Category: COVID-19 Stimulus Package (Veteran Owned Business Loans)

COVID-19 Stimulus Package: (Coronavirus Aid Relief and Economic Security "Cares" Act)

VA Expands Funding For At Risk Veterans

VA expands funding for emergency response for Veterans experiencing or at risk of homelessness during COVID-19 pandemic WASHINGTON — The U.S. Department of Veterans Affairs (VA) today announced it is allocating an additional $400 million of its coronavirus relief funding to enhance the department’s emergency relief response for Veterans experiencing or at risk of homelessness during the coronavirus pandemic. The… Read more
COVID-19 Stimulus Check

Stimulus Check Alert: Veterans With Dependents Who Receive Benefits And Don’t File Taxes

VA, SSI recipients with eligible children need to act by May 5 to quickly add money to their automatic Economic Impact Payment; ‘Plus $500 Push’ continues Special alert for VA, SSI recipients who don’t file a tax return and have dependents WASHINGTON — The Internal Revenue Service today issued a special alert for Supplemental Security Income and Department of Veterans… Read more
COVID-19 Stimulus Check

Veterans Receiving Benefits Who Aren’t Required To File Taxes Will Now Automatically Receive $1200 Stimulus Check

WASHINGTON — The Internal Revenue Service, working in partnership with the Treasury Department and the Department of Veterans Affairs, announced today that recipients of VA benefits will automatically receive automatic Economic Impact Payments. Veterans and their beneficiaries who receive Compensation and Pension (C&P) benefit payments from VA will receive a $1,200 Economic Impact Payment with no further action needed on… Read more
Small Busimess Administration Loan

Stimulus Checks For Military Veterans (And Others) Who Don’t File Taxes

Who is eligible for the Economic Impact Payment? U.S. citizens or resident aliens who: Have a valid Social Security number, Could not be claimed as a dependent of another taxpayer, and Had adjusted gross income under certain limits. Who will receive the Economic Impact Payment automatically without taking additional steps? Most eligible U.S. taxpayers will automatically receive their Economic Impact… Read more
IRS

Treasury, IRS launch new tool to help non-filers register for Economic Impact Payments

Attention Veterans Who Don’t File Taxes: The Treasury, IRS launch new tool to help veterans (and others) who don’t file taxes register for Economic Impact Payments IRS.gov feature helps people who normally don’t file get payments; second tool next week provides taxpayers with payment delivery date and provide direct deposit information IR-2020-69, April 10, 2020 WASHINGTON — To help millions… Read more
COVID-19 Stimulus Package: (Coronavirus Aid Relief and Economic Security "Cares" Act)

Employee Retention Credit under the CARES Act

Advance Payment of Employer Credits Due to COVID-19 Employee Retention Credit The Employee Retention Credit is a refundable tax credit against certain employment taxes equal to 50 percent of the qualified wages an eligible employer pays to employees after March 12, 2020, and before January 1, 2021. Eligible employers can get immediate access to the credit by reducing employment tax deposits… Read more
Paycheck Protection Program Borrower Application Form - Veteran Owned Businesses

Paycheck Protection Program Borrower Application Form

Small businesses can now apply for the Paycheck Protection Program. The program is designed to keep small business workers employed & provide small businesses with capital through the nation’s banks & other lending institutions.  Click the image below to download the Paycheck Protection Program Application (as well as instructions)! Paycheck Protection Program Borrower Application Form – Veteran Owned Businesses (adsbygoogle… Read more