COVID-19 Resources

COVID-19 Resources

In times like this, we’re all looking for ways to support one another.  Therefore, Go Learn Network has put together a COVID-19 Relief Resource page.  Below you will find information about loans, tax relief, employee relief and your practice.

It is our pleasure to provide the Chiropractic Community with this information as we are “essential workers” during this unknown time.  THANK YOU!  We would also like to thank United States Senator Marco Rubio’s (who is one of the chief architects of the relief package) Office for for the latest information and resources.

Please stay tuned to the www.GoLearnNetwork.com website and your emails for more information regarding COVID-19.

 


Update June 18th, 2020

The SBA and Department of the Treasury announced a new EZ and Revised Forgiveness application for the Paycheck Protection Program

The new EZ version of the forgiveness application that applies to borrowers that:

  • Are self-employed or have no employees; OR
  • Did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR
  • Experienced reductions in business activity as a result of health directives related to COVID-19, and did not reduce the salaries or wages of their employees by more than 25%

Click here to view the EZ forgiveness application.

Click here to view the Full forgiveness application.


Economic Relief:

https://www.coronavirus.gov/smallbusiness/ 

Find a SBA lender here.

Click here to see if you’re eligible for a loan.

IMPORTANT INFORMATION REGARDING CHANGES MADE TO THE PPP (June 5th, 2020)

There are still funds available!!!

On Friday, June 5th, 2020, a new law was announced regarding the PPP Program.  Below we have listed the important changes made in H.R. 7010, the Paycheck Program Flexibility Act.

  • The main change is the addition of the optional 24-week “spend” period, until December 31st, 2020, instead of just the 8-week period.
    • Borrowers can use the 24-week period to restore their workforce levels and wages to the pre-pandemic levels required for full forgiveness. (this must be done by December 31st)
      • Example: If you had 10 employees pre-conronavirus you have until December, 31st 2020, to employee 10 people (the same employees you had or new hires) for full forgiveness.
    • HOWEVER, there are 2 exceptions listed below if you aren’t able to re-hire by December 31st, 2020, as long as the employer is in good-faith.
      1. You couldn’t find qualified employees to hire? To apply for this exception you must have proof that you were unable to re-hire the employees you had on February 15th 2020 and the inability to hire for new qualified positions.
      2. You are unable to employee the same amount of individuals due to the social distancing guidelines. 
  • Employers now have 5-years to repay the loan at 1% interest instead of 2-years.
  • As an employer you may delay payment of your payroll taxes
  • The new act also reduces the percentage of the loan that must be spent on payroll from 75% to 60%.

https://www.forbes.com/sites/alangassman/2020/06/03/senate-passes-house-bill-hr-7010/#4b57985655e6

Paycheck Protection Program (PPP) – The Paycheck Protection Program (PPP) provides small businesses, self-employed, freelancers and independent contractors with funds up to 8-24 weeks of payroll costs including benefits.  Funds can also be used to pay interest on mortgages, rent, and utilities.

Economic Injury Disaster Loan and Loan Advancement (EIDL): This loan will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.

  • For more information about the EIDL, click here.

SBA Express Bridge Loan: allows small businesses who currently have a relationship with an SBA Express lender to access up to $25,000 quickly.

  • For more information about the SBA Express Bridge Loan, click here.
  • To apply for the SBA Express Bridge Loan, click here

Filing for Unemployment in Florida:

To print out a paper copy, click here.

and mail it to:

Florida Department of Economic Opportunity
P.O. Box 5350
Tallahassee, FL 32314-5350

To file your application online, click here.

Click here for Fox 13’s article suggesting to print your unemployment application.

Click here for FAQ’s regarding unemployment.


Economic Impact Payment (Stimulus Check):

  •  To see if you’re eligible for the stimulus check, click here.
  • To check on the status of your refund, click here.
    • You will need to know the following to check on the status
      • Your SSN or ITIN
      • Your filing status
      • Your exact filing amount
  •  Will your Stimulus Check be directly deposited into your back account?
    •  If you filed for a tax return in 2018/2019 the IRS should have the information needed for your stimulus check to be directly deposited.
    •  If you did not  file for a tax return in 2018/2019 you will need to provide the IRS with your information.  Click here to fill out the form.

Tax Relief: Below is information to help tax payers, businesses and others affected by the Coronavirus.

  • The Treasury Department and the Internal Revenue Service launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll.  To learn more, click here.
  • Click here for instructions on how to apply for advanced payment of employer credits.
  • Click here to fill out the actual form.

***Please note:  If you claim this credit, you will/may not be eligible for other relief items, such as a Paycheck Protection Program Loan (which could have a significant portion turned into a grant)


Families First Coronavirus Response Act: requires certain employers to provide employees with paid sick leave or expanded family and medical leave for specified reasons related to COVID-19.

  • For more information regarding FFCRA, click here.
  • Click here to see a list of FAQ’s regarding FFCRA.

Protecting your Practice: Below are different resources for creating a safe environment for your employees and patients.

  1. Click here for guidance on how to prepare workplaces for COVID-19
  2. To create a COVID-19 Customizable Flyer, click here.
  3. Employers are required to post this notice where it can be viewed by both employees and patients.