Stimulus checks
How it helps U.S. residents and citizens with an adjusted gross income of $75,000 or less (adjust this figure to [...]
Unemployment benefits
How it helps Self-employed individuals, independent contractors, and gig workers do not usually qualify for unemployment benefits, but the CARES [...]
Tax refunds for business losses
How it helps Under the CARES Act, small businesses and independent workers who pay themselves within a corporate structure (such [...]
Early retirement fund access
How it helps The CARES Act allows individuals under 59 ½ years of age to withdraw up to $100,000 from [...]
Economic Injury Disaster Loans (EIDLs) and advances
How it works EIDLs are the second of the two loan options available to small businesses and self-employed individuals through [...]
Paid sick and family leave tax credits
How it works Although independent contractors are not usually included in paid sick leave benefits (though some states may have [...]
Tax filing deadline extensions
How it works The IRS has moved the tax filing deadline for individuals and businesses from April 15 to July [...]
Payroll tax deferments
How it works The CARES act allows employers to delay certain types of payroll taxes, including Social Security and Medicare. [...]
Paycheck Protection Program (PPP) Loans
How it works As one of two new loan programs, the PPP loans are designed specifically to provide small businesses [...]
Tax refunds for business losses
How it works Under the CARES Act, businesses can now carryback up to five years of net operating losses (NOLs) [...]
