The health, safety and well-being of everyone during this pandemic is my top priority. The New York City area has the highest numbers of both people afflicted with the new coronavirus, as well as those who sadly have died from COVID-19 complications.
Please stay home as much as possible and follow the Center for Disease Control recommendations. Also, check on an elderly neighbor or loved one to make sure they are okay. Together we will get through this stronger than before. President Trump has extended the social distancing guidelines through April 30th. New York is under a statewide shelter in place mandate by Governor Cuomo.
Below are some resources for you to use to help stay healthy and slow the spread, information on the state and federal response as well as the CARES Act recently passed by Congress and signed into law by President Trump. Here is a link to an excellent presentation by the U.S. Chamber of Commerce on the CARES Act.
STAY HEALTHY & SLOW THE SPREAD
Toll Free Hotline: 888-364-3065
SMALL BUSINESS RESOURCES
IRS Information on Stimulus Money and Tax Relief -- DEPOSITS WILL BE MADE THE WEEK OF APRIL 13, 2020.
Stimulus Check Calculator (Note: This is an estimate.)
Both the federal and New York income tax filing deadline has been extended to July 15, 2020.
Food Assistance Sites:
MORE INFORMATION ON THE CARES ACT:
Direct payments: The week of April 13th, anyone who made less than $75,000 ($150,000 for a married couple), will receive a direct deposit or check for $1,200 ($2,400 for a married couple) from the federal government, with an extra $500 for every child you have. Above those income levels, smaller checks will be issued to singles with incomes between $75,000 and $99,000 or couples earning between $150,000 and $198,000. If you filed a tax return previously, these payments will be sent automatically. If you receive Social Security benefits, your money will be direct deposited.
Small businesses: Included in the CARES Act is a small businesses loan forgiveness program designed to keep workers on payroll. The loans are available now to cover payroll and some overhead expenses from your local bank. Any business that rehires recently laid off employees and keeps employees on payroll will have the loan forgiven.