NEW GOVERNMENT LOAN PROGRAMS TO HELP SMALL BUSINESSES AND INDEPENDENT CONTRACTORS HURT BY COVID-19 VIRUS

AMOUNTS OF LOANS USED TO COVER COSTS TO BE FORGIVEN             On Saturday, March 28, 2020, President Trump signed into law the largest financial assistance package in United States history: The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. One of the largest components of the CARES Act is the Paycheck Protection Program, a new […]

Independent Contractors Whose Businesses Are Hurt by COVID-19 to Get Unemployment Benefits Under New CARES Act

  The Relief for Workers Affected by Coronavirus Act, a portion of the CARES Act, signed into law on March 27, 2020, provides two primary types of relief to American workers hurt by COVID-19: (1) expanded unemployment assistance and coverage; and (2) cash payments. 1.  Expanded Unemployment Assistance – Even to Owner-Operators. The CARES Act […]