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