Month: March 2020

Resources from Governor Baker 3/30 Press Conference

Text “COVIDMA” to 888-777 to stay informed about state actions and important announcementsThe Commonwealth is currently awaiting guidance on the federal stimulus. The Department of Unemployment Assistance is awaiting federal guidance regarding the CARES Act’s application requirements, business rules, eligibility requirements, exceptions, and technical requirements. Until that guidance is issued, benefits under the CARES Act (unemployment insurance for self…

From Animal Rescue League of Boston: Two Trillion Dollar Stimulus Helps Your Donors

By Richard Perry and Jeff Schreifels on March 30, 2020 There IS good news!! The two-trillion-dollar pandemic stimulus bill passed last Friday, and Congress sent it off to the President to sign. This is really good for your donors! Robert Shafis, an attorney and our Director of Planned Giving Services, has reviewed the bill and…

Briefing on Emergency Coronavirus Funding for 501(c)(3) Nonprofits

Earlier today, the U.S. Chamber Foundation hosted a briefing on how 501(c)(3) nonprofit organizations can benefit from the Coronavirus Aid, Relief, and Economic Security (CARES) Act. If you missed the discussion—which was led by U.S. Chamber Foundation president Carolyn Cawley and U.S. Chamber chief policy officer Neil Bradley—or would like to view it again, please click…

SBA NEW: Updated Disaster Loan Portal

The Disaster Loan Assistance portal has been updated again. Stay tuned, as we will keep sharing updated information as we get them from HQ. Thank you for understanding. New information will be disseminated as we receive it.  If you already submitted an application and want to check on status, please call customer service at 1-800-659-2955 (TTY:…

Video and Details on the CARES Act

Many thanks to Inc. for this update published today on the CARES stimulus package – note the second link to a virtual town hall hosted by Inc. with the U.S. Chamber regarding the components of the law. INC. THIS MORNING :Your guide to the $2 trillion stimulus package   Help is officially on the way. On Friday, the U.S. government approved the Coronavirus…

Could This Be the Bill That Saves Massachusetts Restaurants?

State Senator Jamie Eldridge has filed an action to make insurance companies pay for coronavirus closures. It could be a “game changer.” https://www.bostonmagazine.com/restaurants/2020/03/27/coronavirus-boston-restaurants-insurance-bill/

NEW: 2-FORM SUBMISSION FOR EIDL

Dear Small Business, Friends and Partners, The Disaster Loan Assistance portal has been revamped and the process has been more simplified!You now are only required to upload two (2) forms to initiate the process:SBA Form 5/5CBusiness Loan Application (Form 5) (en Español)orHome or Sole Proprietor Loan Application (SBA Form 5C) (en Español)Form P-019Economic Injury Disaster Loan Supporting Information (Form P-019)If…

TRANSCRIPT: Senator Warren Joins Mayor Walsh and Boston Small Business Leaders to Share Details of the Relief Coming in the Latest Legislative Package

Boston, MA – United States Senator Elizabeth Warren (D-Mass.) joined Boston Mayor Martin J. Walsh this morning on a conference call with Boston small business owners to share details of the coming relief for small businesses in the latest legislative package. Senator Warren held a similar call with small businesses across the Commonwealth this afternoon. A…

Strategies to Help Your Business when you can’t be in your business

Ideas from our friends at the Plymouth Chamber of Commerce Governor Baker issued an emergency order, ordering nonessential businesses and organizations to close their physical work-spaces and facilities to customers, workers and the public. Your customers are being told to only leave for necessities; your employees are working from home. What do you do when you can…

A Must Read: Foley & Foley PC: CARES Act Unpacked, More FFCRA Leave Guidance

Like many others, I went to law school to avoid math. Lately, I have learned what exponential means, sadly. It means urgency and anxiety and fear now. But their is hope too and the new stimulus bill could help. We can also help and stand ready to assist clients in all aspects of compliance and…
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