- Massachusetts Coronavirus Relief Programs
The coronavirus pandemic continues to spread throughout the U.S., and Massachusetts has been particularly hard-hit. The state has seen over 50,000 confirmed cases of the sickness, and more than 3,000 people have died. Individuals have been ordered to stay home since March 24, which has had a significant impact on the state’s economy. The state… read more…
- Arizona Coronavirus Relief Programs
As the coronavirus pandemic spreads through the U.S. and the world, the state of Arizona has taken preventative measure to stop the spread of the virus, while trying to help businesses, families and individuals who have been hit by the economic fallout. In addition to these state programs, the federal government has also stepped in… read more…
- Virginia Coronavirus Relief Programs
Like many other states across the U.S., Virginia has been affected by the coronavirus pandemic. With over 10,000 confirmed cases and hundreds of deaths, the state has been forced to shutter businesses and keep non-essential workers at home. There is an official statewide stay-at-home order from the state’s government, and many hospitals are already being… read more…
- North Carolina Coronavirus Relief Programs
The state of North Carolina is reeling from the effects of the coronavirus pandemic on the state’s economy. The state has reported thousands of confirmed cases and over 100 deaths. With no clear end in sight for the pandemic, North Carolina has rolled out state-level coronavirus relief programs aimed at helping both individual residents and… read more…
- Colorado Coronavirus Relief
The ongoing COVID-19 pandemic has left many Americans confused and anxious about their financial future, including many who’ve seen their income sources impacted by the social distancing and stay-at-home orders from state governments, along with an economic downturn that has accompanied the pandemic. Many state governments, though, including Colorado, have taken steps to help individuals… read more…
- Coronavirus Financial Relief: The CARES Act and Beyond
More than 1 million people in the U.S. have COVID-19, the disease caused by the novel coronavirus, and by the end of April nearly 60,000 Americans had died of the illness. The symptoms of some COVID-19 patients are mild and don’t require medical attention; others don’t experience any symptoms at all. But many people with… read more…
- Net Operating Loss Carryback Under the CARES Act
The CARES Act includes a temporary change to how companies make use of net operating losses when they file taxes. A company that earns less taxable income than it can claim in deductions can now carry those losses back on their tax returns for up to five years. This will apply to taxes filed for the… read more…
- eBay Up & Running Small Business Relief Program
In Brookline, Mass., Talia Glass runs a local market called Allium Market, an independent specialty foods market selling cheese, baked goods and coffee. Like many such businesses, the market has been forced by the coronavirus quarantine to close its storefront. Glass has responded, in part, by moving her business online, photographing every item on the… read more…
- Nebraska Coronavirus Relief Programs
Nebraska has one of the lowest coronavirus infection rates in the nation, and the governor has not issued a blanket stay-at-home order as many other governors have done. Nevertheless, the pandemic has affected people and small businesses in the Cornhusker State. By mid-May 2020, Nebraska had 9,075 cases and more than 107 fatalities because of COVID-19.… read more…
- New Mexico Coronavirus Relief Programs
The disease that the novel coronavirus causes, COVID-19, has hit businesses and individuals across the country. Despite its distance from the worst-hit areas, New Mexico has not been spared. By mid-May 2020, the state, which has a population of 2.1 million, had 5,364 confirmed cases and recorded 331 deaths. New Mexico has also been hit… read more…
- Child Care Leave Credit: What Employers & Parents Should Know
The Families First Coronavirus Response Act (FFCRA), which became law on March 18, 2020, provides a number of relief measures, including help for small businesses and paid sick leave for workers. One of these benefits is the Child Care Leave Credit, which allows an employer to claim a refundable credit of up to $10,000 if they… read more…
- Credit Card Travel Insurance and Coronavirus
The coronavirus (COVID-19) crisis has caused major disruptions throughout the world. People’s ability to travel and the tourism industry have been hit particularly hard, as many are being forced to cancel or reschedule trips. While many credit cards offer travel insurance that one might assume would help with situations like this, the fact is that… read more…
- Kansas Coronavirus Relief Programs
Kansas hasn’t been hit as badly by COVID-19 as states like New York and California, but the pandemic has still affected the Sunflower State. As of mid-May, there were 7,468 reported cases and 164 deaths. On March 28, Gov. Laura Kelly announced a stay-at-home order. In the first week of April, more than 50,000 people… read more…
- Arkansas Coronavirus Relief Programs
Even though Arkansas hasn’t been affected as much by COVID-19 as New York and California, the disease has still affected the Natural State. As of late April, there were more than 6,200 cases reported and 100 deaths. And there’s been a significant impact on the state economy, with more than 170,000 unemployment claims as of… read more…
- Mississippi Coronavirus Relief Programs
Mississippi hasn’t been hit as hard by COVID-19 as California, New York, and neighboring states like Louisiana, but the disease has still impacted the Magnolia State. By the middle of May 2020, there were 10,483 cases of COVID-19 and 480 fatalities. More than 130,000 residents have filed for unemployment – a large number for a… read more…
- Utah Coronavirus Relief Programs
The disease that the novel coronavirus causes, known as COVID-19, has hit businesses and individuals across the country. Despite its distance from the worst-hit areas, Utah has not been spared. By the end of April, the state, which has a population of 3.2 million, had nearly 4,000 cases and recorded 39 deaths. About half of… read more…
- Connecticut Coronavirus Relief Programs
Connecticut has one of the highest per capita infection rates for COVID-19 in the U.S. As April came to a close, the Constitution State had more than 17,000 cases and had suffered more than 1,000 deaths. Only New York, New Jersey, Louisiana and Massachusetts have been harder hit. The economy has also been hammered. Connecticut Gov. Ned… read more…
- Iowa Coronavirus Relief Programs
Although Iowa hasn’t felt as much of an impact from coronavirus as higher-density states like California and New York, the virus has still affected many people in the Hawkeye State. On April 17, Gov. Kim Reynolds announced that Iowa schools will not reopen for the remainder of the 2019-2020 school year, and non-essential businesses will be… read more…
- Oklahoma Coronavirus Relief Programs
Although Oklahoma hasn’t been hit as hard by COVID-19 as California and New York, the disease has still affected the Sooner state. As of late April, there were 2,599 cases reported and 140 deaths. And there’s been significant economic fallout: Nearly 200,000 people have filed for unemployment in the state in the past four weeks, a big… read more…
- Vermont Coronavirus Relief Programs
As of April 20, some Vermonters are returning to work amid the COVID-19 pandemic. The phased restart of business allows for outdoor businesses (such as landscaping and utilities) and construction operations to resume work with a maximum two employees per site (indoor construction workers can be in empty buildings only). Also sole proprietors that offer… read more…
- What Is an Independent Broker-Dealer?
An independent broker-dealer is a type of financial firm that allows financial advisors to operate with more flexibility compared to traditional brokerages. These firms are not tied to specific investment products or large corporate financial institutions, which means they can offer a wider variety of investment options to their clients. Independent broker-dealers often provide back-office… read more…
- Alternative Minimum Tax (AMT) and the CARES Act
The CARES Act brings financial relief to small businesses that are struggling financially amid the COVID-19 outbreak. Some of the relief measures introduced include expanded SBA lending options and special tax breaks to reduce business owners’ tax liability. One such measure makes temporary modifications to the guidelines of the Alternative Minimum Tax (AMT). If your business… read more…
- How to Protect Yourself From Coronavirus Scams
Many tragedies bring out scammers looking to take advantage of fear and suffering. The coronavirus pandemic has been no exception, with a litany of scams targeting those living in fear of the virus or struggling with its economic impacts. A general rule of thumb is to never provide personal information to people contacting you who… read more…
- Estate Planning During the Coronavirus Pandemic
The coronavirus pandemic has impacted nearly every aspect of the economy, and the government has responded with measures that focus on U.S. businesses and their employees. Individually, Americans have a role to play, including making sure they have a solid estate plan. Here are four of the most important steps you should cross off your estate planning… read more…
- Nevada Coronavirus Relief Programs
The COVID-19 pandemic has hammered Nevada. By mid-May the state had 6,499 confirmed cases and 331 fatalities (out of a population of 3.08 million). Unemployment has been rampant. For the week ending April 18, the state’s jobless rate was 16.8% – the highest in state history. Fortunately, Nevada has several programs specifically to help people and small… read more…