During the Governor’s Press Conference (5.28.20) he addressed the many concerns swirling around enforcement of his mask mandate in all public places starting May 29^th. The Governor and his general counselor stated that businesses and their employees are not to be the enforcers or put themselves in a harmful position. The Governor encouraged businesses to clearly post his mandate at the entrance for customers and that they do mandate employees to wear masks. The guidelines and signage for businesses to print and post at the entrance to their business can be found on his website and will be available in English and Spanish.

Federal and State COVID-19 Resources for Small Businesses

U.S. CARES Act Assistance for Small Businesses

https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses. Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.

IRS Coronavirus Tax Relief for Businesses and Tax-Exempt Entities

https://www.irs.gov/coronavirus/coronavirus-tax-relief-for-businesses-and-tax-exempt-entities

Get information on coronavirus (COVID-19) tax relief for businesses and tax-exempt entities, including employee retention credits and paid leave for workers and tax credits.

U.S. Small Business Administration (SBA)

https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources

Small Business Guidance & Loan Resources.

Economic Injury Disaster Loans

https://disasterloan.sba.gov/ela/

Federal Disaster Loans for Businesses, Private Nonprofits, Homeowners, and Renters.

Paycheck Protection Program

https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp

An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.

Virginia Department of Taxation

https://www.tax.virginia.gov/news/coronavirus-updates

Any income tax payments due during the time period of April 1, 2020, to June 1, 2020, will now be due on June 1, 2020. This includes individual and corporate income taxes paid to Virginia Tax. Businesses impacted by coronavirus can request an extension of the due date for filing and payment of their February 2020 sales tax return due March 20, 2020, for 30 days. When granted, businesses will be able to file and pay no later than April 20, 2020 with a waiver of any penalties.

Virginia Employment & Financial Support

https://www.virginia.gov/coronavirus/employment-and-financial-support/

Information from the state on support for affected workers, unemployment insurance, utilities, and corporate/sales/individual taxes.

Virginia Support for Businesses

https://www.virginia.gov/coronavirus/support-for-businesses/

Information from the state on support for impacted employers, SBA Economic Injury Disaster Loans, and corporate/sales/individual taxes.

Virginia Employment Commission Resources (Unemployment Insurance)

http://www.vec.virginia.gov/covid19

The Commonwealth has taken unprecedented steps to fight the spread of COVID-19 as well as making substantial moves to help those in the workforce who’ve been affected by this global event. This page will serve as your online resource to learn about any changes to the benefits application process along with VEC office closings, pertinent news releases and links to other helpful sites.

Virginia Announces Changes in Unemployment Insurance program as a result of the Federal CARES Act

http://www.vec.virginia.gov/node/11790

The CARES Act provides increased benefits for workers collecting unemployment insurance by $600 for claims effective March 29th until July 31st.

American Medical Association (AMA) Resources

https://www.ama-assn.org/delivering-care/public-health/tips-keeping-your-practice-business-during-covid-19-pandemic

Physician practices managing patients during the COVID-19 pandemic are confronting new and unique operational and business challenges. This checklist provides high level guidance for practice owners and administrators.

Virginia Chamber of Commerce

https://www.vachamber.com/covid-19/

The Virginia Chamber has provided a webpage of resources developed by the Commonwealth of Virginia, Virginia Department of Health, Treasury Department, Small Business Administration, Centers for Disease Control and Prevention, U.S. Chamber of Commerce, and other organizations and government partners to ensure your business and your employees have the necessary information to help prevent the spread of COVID-19 and keep our workforce healthy.

Small Business Administration (SBA)

Please visit the SBA for useful guidance and steps that you may want to follow in preparing your business for the impact of COVID-19 and to determine if you may qualify for financial assistance related to this disaster.

We recommend that you visit this site regularly for updates and do not hesitate to contact us should you have any questions. As we receive more details from the federal and state governments about disaster relief, we will share them with you.