COVID -19 Resource Information Guide

2-1-1 Help Line

Cash Assistance

  • United Way Miami – Anyone who needs assistance can apply. They are giving up to $1000/family. 

School Aged Resources 

Food Assistance 

Mental Health 

Re-employment assistance 

Assistance For Individuals

IRS Economic Payment and Tax Relief
IRS check of $1,200/adult and $500/child when AGI is up to $75,000 or $150,000 if married filing jointly. No action needed, if you qualify the IRS will send the check or direct deposit into your bank account using the 2018 or 2019 tax information. Unfortunately, people with ITIN numbers do not qualify for this assistance.

Click here for more info. 

Also, the IRS has extended the filing and paying deadline to July 15th, 2020. 

Unemployment Benefits
Unemployment benefits have been extended to most employees, including 1099 independent contractors and sole-proprietorships. If you had to layoff your employees/IC’s they can apply for unemployment benefits. 

Apply for unemployment benefits in FL here.

Find unemployment benefits in other states here.

Employer Paid Leave Requirements
The Families First Coronavirus Response Act (FFCRA or Act) requires employers with fewer than 500 employees to provide their employees with up to two weeks (80 hours) paid sick leave or expanded family and medical leave for specified reasons related to COVID-19. 

The IRS will reimburse the employer the salary of the covered employee as a payroll tax credit with the following filing of form 941 quarterly payroll tax return. 

Click here for more info.

Assistance For Small Businesses

Here is the information available for the Federal Assitance Program for Small Businesses.

More information on the available assistance programs can be found here.

In summary, there are two types of loans available for small businesses:

1. Paycheck Protection Program (PPP) to help pay payroll if you maintain the employees or rehire them soon after the shutdown. The good thing about this loan is that you don’t have to repay it back if you used the money to pay the payroll, mortgage interest, rent, utilities. 

More info.

How to Apply
File your application with a SBA approved financial institution.

Lenders may begin processing loan applications as soon as April 3, 2020 

Application Form Sample

2. Economic Injury Disaster Loans and Loan Advance

The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid.

More info.

How to Apply
File your application online here.

The above is a summary of the most relevant information that may be of interest to you.

Find all SBA Covid-19 available programs here.

Assistance for Businesses in Florida 

As most of my clients are located in Florida, here is the info for a Florida Small Business Emergency Bridge Loan.

How To Apply
Apply online here.

Credit cards accepted