COVID-19 - What You Need to Know TODAY March 31,2020March 31, 2020
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MARK YOUR CALENDAR! We will have Congressman John Carter and Deputy District Director David Elizondo on a Small Business Teleconference. During this teleconference they will be discussing resources available for small businesses. They will also answer some frequently asked questions. This is open to ANY small business in Williamson and Bell Counties. To register, please CLICK HERE. PLEASE BE SURE TO INCLUDE THE BEST PHONE NUMBER. Whatever phone number you register with will be the phone number called for you to participate in this teleconference.
FEDERAL AND STATE UPDATES FOR BUSINESS
The Internal Revenue Service (IRS) to accept email and digital signatures to help taxpayers and the tax professional community during this COVID-19 period effective immediately. The IRS will begin temporarily accepting images of signatures (scanned or photographed) and digital signatures on documents related to the determination or collection of tax liabilities. CLICK HERE for press release.
The Texas Attorney General warns Texans to be aware of scams and price gouging related to the COVID-19 (Coronavirus) pandemic. Scammers may call you or send emails with dangerous attachments or fraudulent website links to deceive you into revealing personal and sensitive information or ask you to donate to a fake charity. Be cautious, use trusted sources, do not reveal personal information and verify a charity’s authenticity.
WILLIAMSON COUNTY UPDATES
On Monday, March 30th, community non-profits and faith-based organizations in Williamson County stepped in to fill an identified gap in services. The Community Organizations Assisting in Disaster (COAD) have set up drop-off donation sites for non-medical items to be delivered to vulnerable populations and elderly residents. They are primarily in need of new goods in original packaging that are in short supply such as hand sanitizer, disinfectant wipes and cleaning supplies. For more information, CLICK HERE.
CITY OF CEDAR PARK UPDATES
The City of Cedar Park has put together a list of community resources available for our senior residents or those at high-risk. Keep in mind that this is an ever-changing situation and you may need to check back with the individual groups or businesses for the latest updates. For the current list, please CLICK HERE.
COVID-19 (CORONAVIRUS) EMERGENCY LOANS
The US Chamber of Commerce has published a Small Business Guide and Checklist. Inside this guide is helpful information on the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act allocated $350 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 to small businesses.
The guide goes through the questions you are asking yourself – Am I eligible? What will lenders be looking for? How much can I borrow? Will this loan be forgiven? What’s next? I encourage everybody who is even thinking about going through this process to read through this guide. To download the guide, CLICK HERE.
We continue to try to bring you the most up-to-date information. Much like you, we continue learning more information just about every hour of every day. We promise to continue to be your business advocate.
We have scheduled another VIRTUAL Power Networking Breakfast for this Friday. Be sure to visit the Chamber’s Facebook Page to find that information. We want everybody to be able to network and say a little bit about their business.
Please don’t forget to take our 3-minute COVID-19 LOCAL Business Survey. CLICK HERE!
You can forward this newsletter to anybody you think would find value in this. They can sign up for the daily newsletter as well on our website. Please know we are here to help you. We are YOUR business advocate. Stay safe and let us know how we can help!