Fiducial understands that the current COVID-19 situation is an unprecedented and difficult time to navigate as a small business. There have been many changes that may have left your business either operating in a new way or closed. This is a time of uncertainty and confusion, and Fiducial is there to help. Fiducial is providing the following resources to help guide you, content will be updated and added to these sites as it becomes available.
The up to date information you need on the affects and legislature put in place and how you can take advantage for your small business. Don't miss the key updates that could assist your business, stay up to date here.
Paid Sick and Family Leave Update
Learn the new sick and family leave benefits put into legislation for businesses to take immediate advantage of. Learn about the paid leave credits available to your business and how you can retain and access funds that you would otherwise pay to the IRS in payroll taxes. Learn more about the Family First Coronavirus Response Act here.
COVID-19 CARES Act SBA Loan & Grant Programs
SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance for a small businesses, providing vital economic support to small businesses to help them overcome the temporary loss of revenue they are experiencing. Learn how you can take advantage of SBA Loans here.
Your federal and state resource to learn more about revised tax deadlines, key tax information, and tax filing/payment procedure updates related to the COVID-19 response. Check your state's tax changes and updates to COVID-19 here.
CARES Act SBA 7(a) Paycheck Protection Program
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $349 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans at 1% interest to small businesses where all loan terms will be the same for everyone. To learn more about the Paycheck Protection Program here.
For specialized guidance or planning, Fiducial is here to help. Fiducial can provide you guidance on the new stimulus legislation and help you take advantage of the assistance being offered to help dampen the effects the national emergency is having on your small business. We are here to offer you, the small business, support you may need during these difficult times, schedule a consultation to learn how to start.
Please feel free to share these links with any small business owner you know who are in need of it. If you know of other businesses in need of additional guidance during this time, please feel free to make a referral.