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• LegaLees – CERT: Coronavirus Economic Relief TutorialDescriptionThe economy is going down.
• Will your little business survive?
• The government is trying to help small businesses, but you have got to play their game to get the money that hopefully will keep you afloat.If someone knocked on your door and said, “Hi I am from the federal government, and I am here to help you,” you would laugh at them.
• The Paycheck Protection Program (PPP), Economic Injury Loan (EIDL), and all of the other tax benefits in the new laws are supposed to help you, but applying for the help, getting the help, and getting “forgiveness” of the loans are tricky processes.People are starting to get denied the PPP loans they applied for. Technically, the Paycheck Protection Program is a loan, but everybody thinks “free money” in the back of their mind.
• It is a pretty big leap from loan to free money.