Coronavirus Relief Resources

As you know, several relief acts have been passed to potentially provide relief related to the Coronavirus pandemic. If you are like most, you are wondering how you are going to access that relief and what you need to do to get it, if you qualify. Matthews and Johnson CPAs wants to be your trusted resource for Coronavirus relief information.

In the coming days and weeks, more will be revealed about exactly how all of the relief acts will work and how to access them. We intend to consolidate and provide resources that help guide you through the complications that can come when trying to fill out forms and find out if you qualify. 

As we gather resources from our trusted partners, we will be updating this page with that information. Thank you for continuing to trust us to guide you through these turbulent times.

FOR INDIVIDUALS:

Links:

Internal Revenue Service- Coronavirus Tax Relief

  -Follow this link to review FAQ's provided by the IRS regarding the Economic Impact Payments that individuals will be receiving as part of the CARES Act such as: do I qualify, how much will I receive and how will I receive the payment?

https://www.irs.gov/coronavirus

CONGRESS.GOV - CARES ACT S.3548

  -Follow this link to read the text of the legislation.

https://www.congress.gov/bill/116th-congress/senate-bill/3548/text

Documents:​

CARES Act Economic Impact Payment Calculator

State Income Tax Return Filing Relief- By State

The CARES Act- Retirement Account Distributions

FOR BUSINESSES:

Links:

Paycheck Protection Program Application

https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Application-3-30-2020-v3.pdf

U.S. Chamber of Commerce- COVID 19 Relief Resources

  -Follow this link to be able to click through valuable resources provided by the U.S. Chamber of Commerce.

https://www.uschamber.com/co/small-business-coronavirus

Internal Revenue Service- Employee Retention Credit FAQ's

  -Follow this link to read more about the Employee Retention Credit available to small businesses.

https://www.irs.gov/newsroom/irs-employee-retention-credit-available-for-many-businesses-financially-impacted-by-covid-19

SBA.GOV- COVID-19 Small Business Guiadnace & Loan Resources

  -Follow this link to visit the Small Business Administration's website where valuable resources are available to understand what is needed to apply and who qualifies for what kinds of assistance. 

https://www.sba.gov/

  -Follow this link to visit the Small Business Administration's website to apply for the Economic Disaster Impact Loans as well as the $10,000 emergency grant available to businesses.

https://covid19relief.sba.gov/ 

  -Follow this link to find an SBA approved loan vendor from the San Antonio District Webpage.

www.sba.gov/tx/sanantonio 

Documents:

Paycheck Protection Program Borrower Fact Sheet

Small Business Loans

Families First Coronavirus Response Act (FFCRA)- FAQ

Coronavirus Employee Protection Best Practices