#Coronavirus Archives - Stellar Ledgers

CARES Act & SBA Disaster Loan Resources

Apr 2, 2020 | COVID-19, SBA, Small Business

The SBA and the U.S. Treasury Department have coordinated a massive effort with banks and lending institutions to assist small business owners with capital in their time of need. The Coronavirus global pandemic has put the cash flow of many businesses in a tail spin....

Employee Retention Tax Credit for Businesses impacted by COVID-19

Apr 1, 2020 | Business, COVID-19, IRS, Taxes

The Treasury Department and the Internal Revenue Service launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business...

Protecting Your Profits with COVID-19

Mar 23, 2020 | COVID-19, Profits, Small Business

The President (POTUS) has declared a national emergency as the number of Coronavirus (COVID-19) cases continues to increase. The World Health Organization (WHO) declared COVID-19 as a global pandemic that has resulted in travel bans to/from certain countries and...