The Tax Bosses share what they know about Coronavirus relief and resources for small businesses.

Timestamps

:50 Introduction of programs

Paycheck Protection Program (banks will have their own requirements on top of the app)
Economic Injury Disaster Loans

2:00 How do you know if you are a sole proprietor or not?

3:45 For the PPP, small business and sole proprietorships can begin applying April 3rd. Independent contractors and self employed can begin applying April 10th.

4:15 Other resources:

American Institute of CPAs
American Bar Association
Florida Bar
Orange County Bar Association
Small Business Administration: PPP, Bridge Loans, 10K EIDL, Debt Relief

6:30 It’s not that there’s a lack of resources…try to find ones that are specific to your business.

 

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