top of page

The

small business 

BAILOUT

About

2 TRILLION And How It Helps You!

 

CARES Act Highlights:

​

  • SBA Forgivable Loans Up to $10,000,000*

  • SBA Emergency Grant Up To $10,000*

  • Withdraw Retirement Penalty Free Up to $100,000*

  • SBA Disaster Loans Up To $2,000,000

  • Defer Payroll Taxes Sec 2201 To 2021/2022*

  • ​Recovery Rebates $2,400 MFJ/$1,200 Single*

  • Get Cash For NOLs In '18, '19, '20*

  • Employee Retention Credit Up To $10,000/employee* 

  • Sick Employee Payroll Tax Credit Up To $2,000/employee/qtr

 

And there is SO MUCH to consider.

 

If you want to know what YOU need to do, set up a time!

350 BILLION in LOANS YOU DON’T HAVE PAY BACK

 

If You Have Paid...

Salaries

Payroll Taxes

Vacation pay

Benefits 

Sick pay


 

If You Apply (some loans), Get 10k In 3 Days.  Advance may be forgiven.

Emergency grants can be advanced, up to $10,000. 

​

​

10 BILLION OF DISASTER LOANS

You can get additional disaster loans (7b) to use for other expenses not related to payroll, rent, mortgage interest, and utilities. These loans can be used for other business operations with some limitations.

​

​

Defer Your Payroll Taxes For 2 Years

You can defer payment of all payroll taxes over 2 years. 

 

​

Get Rebate Of $2,400 (Married), $1,200 (Individual)

If you make less than 198,000 Married, 146,000 HOH, 99,000 Single in 2019, file your return immediately. If you make less than that in 2018 and haven’t filed 2019, you will get the rebate sent directly to you.

 

​

If You’ve Had Losses In ‘18, ‘19 ‘20, Amend Your Return

You can amend your tax returns from 2018, 2019, 2020 and get a refund instead of a carryforward going back up to 5 years.

 

​

Refundable Payroll Tax Credit For 50% Of Wages Paid

You can get a Payroll Tax Credit 50% of wages paid to employees if your operations were partially or fully suspended or the gross sales declined by more than 50% when compared to the same quarter in the prior year. Credit is provided up to $10,000 per employee. 

​

And so much more…!!!


 

This is virtually IMPOSSIBLE to navigate on your own. 


 

Contact us today for more info

Contact

fill out the form below to get started

Thanks for submitting! We will be contacting you soon.

Disclaimer: The bill has just passed and we are learning more every single hour about how this bill will be implemented and the interpretations of each component

bottom of page