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EIDL, ERTC, and PPP Update – Infrastructure Bill Implications – October 14, 2021

Have you heard that the Infrastructure Bill could mess with current small business stimulus programs like the EIDL, PPP, and ERTC? Well, it can and will if it's passed! Here's what you need to know as of October 14, 2021. Economic Injury Disaster Loan (EIDL update): min 2:00 Employee Retention Tax Credit (ERTC update): min 4:22 Paycheck Protection Program (PPP update): min 9:00 Resources for EIDL: Video update: https://youtu.be/UR4FI_i9tZc Apply for the EIDL and increase here: https://www.sba.gov/funding-programs/loans/covid-19-relief-options/eidl/covid-19-eidl#section-header-2 Read the updated FAQs on the EIDL loan here: https://www.sba.gov/sites/default/files/2021-09/COVID-EIDL-FAQs-090821-508.pdf Resources for ERTC: Get help calculating your ERTC: https://claracfo.as.me/ertcclarity Jamie Trull ‘s ERTC Calculator: https://www.claracfo.com/ertc Videos on ERTC: Resources for PPP: PPP forgiveness workshops: Loans under $50k: https://claracfo.podia.com/3508s-course-how-to-get-your-ppp-loan-forgiven-loans-under-50-000 Loans between $50k-$150k: https://claracfo.podia.com/53c8a9d1-8720-4189-88dd-06fafbe431a2 Get on the newsletter list: https://clara-cfo-group-llc.ck.page/8b7f754218 -------------------------------------------------------------------------------------------------------------------- 💲 Need an accounting system? We use Quickbooks Online with clients and recommend it as the best accounting system for small businesses. Sign up to get a discounted subscription for 12 months! https://claracfo.com/QBO 🙋‍♀‍Got Employees? Need a payroll company that knows what small businesses need? We recommend Gusto as the best small business payroll provider. Sign up for $100 gift card after you run your first payroll: https://claracfo.com/gusto 💸Pay vendors any way they want and get paid faster! Accept credit cards without paying merchant fees! Melio is a fantastic payments solution for every small business! https://claracfo.com/melio (As an affiliate or referral partner for these companies, I may earn rewards from qualifying purchases) Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/ Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.

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