FG Clients needing copies of prior year tax returns for loan applications: Available HERE
The IRS urges taxpayers who are due a refund to file. Most refunds are still being issued within 21 days. Need to get started on filing your Tax Return?
Thank you to the many creative professional unions for this informative chart.
Unemployment Insurance has been expanded to cover individuals for 4 months instead of 3.
$600 per week unemployment is being made available to the self-employed independent contractors who did not previously have a wage base from W2s in their unemployment account when applying.
Paycheck Protection Loans are available to Small Businesses with 500 or fewer employees and also available to Self Employed Independent Contractors. Follow the link to your circumstances for the PPP Loan.
Need Help on Loan Applications? Click Here
Need Help on Loan Applications? Click Here.
Need Help on Loan Applications? Click Here.
Our collaborative hub is here to work together and help one another find aid with bills, loans and finances.
We hope by consolidating all the news of payment waivers and assistance, we can cut through the noise and get you help faster!
Add what you know. Share what will help. Utilize what you need.
Need Payment Help? Find resources and options here!
Need help figuring out how long your savings can stretch and what changes to make in your budgeting? Utilize this tool to help project the time value of your money and how long it will last. Then you can plan accordingly to shift your bill pay around according to payment relief options available, adjust your income with projected downturn from covid-19 changes, and incorporate potential loan funds.
This is an advanced rebate of your 2020 tax.
It is based on what you reported on your 2019 income tax return. If you have not filed your 2019 return yet, the IRS will base your payment on your 2018 return.
There is nothing you need to do to receive this payment. It is automatic.
The IRS will use your bank account information on file to Direct Deposit the money. If they do not have direct deposit info, or it does not work, they will send out a physical check in the mail.
Additionally, there are new provisions allowing for retirement distributions and loans. There is also a new allowance for write off of charitable contributions.
We are calling on the arts community to share ideas and experiences as we navigate Covid-19 and the minute by minute changes in relief options and programs.