Ten Tips Regarding Stimulus Checks

By Jennifer Englert and The Orlando Law Group, PL (Webinar on Tuesday March 31, 2020)

Thanks to Karen Raborn for sharing with us and everyone.

1. Here is a great Article that answers many questions you may have: https://finance.yahoo.com/news/2020-stimulus-check-much-other-124848534.html

2. Here is a great calculator regarding the stimulus Payments and what it potentially could look like for your family: https://www.kiplinger.com/tool/taxes/T023-S001-stimulus-check-calculator-2020/index.php?utm_source=SYN-yahoo&utm_medium=referral&rid=SYN-yahoo

3. The IRS has a webpage dedicated to the Coronavirus Tax Relief and information regarding the Stimulus Payment Checks. Please use this link to get updates: https://www.irs.gov/coronavirus

4. Florida Disaster Loan Link:  http://floridajobs.org/rebuildflorida/businessrecovery

5. Link to EIDL application that provides for a $10,000 grant that doesn’t have to be repaid even if you aren’t approved: https://covid19relief.sba.gov/#/

6. The IRS has extended the Filing deadline until July 15th, which extends the time to file and pay your taxes. Additionally, an extension is still available for 6 months from the point of July 15th (Extends until January 15th 2021 to file, but remember this does not extend the time to pay your taxes): https://www.irs.gov/newsroom/tax-day-now-july-15-treasury-irs-extend-filing-deadline-and-federal-tax-payments-regardless-of-amount-owed

7. Link to the IRS, which documents the paid leave and tax credits for small and midsize businesses: https://www.irs.gov/newsroom/treasury-irs-and-labor-announce-plan-to-implement-coronavirus-related-paid-leave-for-workers-and-tax-credits-for-small-and-midsize-businesses-to-swiftly-recover-the-cost-of-providing-coronavirus

8. The SBA, Small Business Administration, has put out some great resources in regards to COVID-19, which includes Guidance and Loan Resources: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources

9. Two Links to help Employees seeking unemployment: https://www.stateofflorida.com/articles/florida-unemployment/ and 
https://www.clickorlando.com/news/local/2020/03/20/how-to-file-for-unemployment-benefits-during-coronavirus-pandemic/

10. Two Links to help Employers: https://www.unemployment-services.com/unemployment-claim-cost-employer/ and
https://www.shrm.org/resourcesandtools/tools-and-samples/hr-qa/pages/whatimpactwillunemploymentclaimshaveonourbusiness.aspx