COVID-19 GOVT. RESOURCES
BUSINESS LOANS & SUPPORT
Congress has passed legislation to respond to the COVID-19 outbreak. Read a memo that describes how these two laws impact business owners. Congress is currently working on a third bill that is meant to be a significant economic stimulus package. AIA CEO/Executive Vice President Robert Ivy, FAIA, and AIA President Jane Frederick, FAIA, sent a letter to Congress imploring its members to provide relief to business owners and employees, and advocating for investment in infrastructure to stimulate economic recovery. Read the media statement AIA National released here.
In the wake of the COVID-19 outbreak, members of Congress are debating additional measures to help those affected by this pandemic and to stimulate the economy.
To help in AIA National’s outreach, take a minute to send this template letter to your member of Congress urging them to provide additional resources to those affected by the virus and for our frontline responders. Please ask them to include significant investment for 21st Century infrastructure and to provide temporary relief measures for business owners.
Delaware has been approved for an Economic Injury Disaster Declaration from the U.S. Small Business Administration, which will provide small businesses with working capital loans of up to $2 million that can provide vital economic support to help overcome the temporary loss of revenue they are experiencing.
Small businesses and nonprofits can now apply for the loans by clicking here or by contacting the SBA at 1-800-659-2955 to request a paper application.
As has been reported in IR 2020-58, the Internal Revenue Service has extended the time for filing of tax returns and payment of tax due from April 15, 2020 to July 15, 2020.
On March 12th, the Governor of Delaware issued a State of Emergency Declaration on COVID-19 and it has been subsequently modified. The Dept. of Revenue activated its Continuity of Operations Plan that makes every effort to continue to provide taxpayer assistance and services throughout the State of Emergency in adherence with the Emergency Declaration. DOR continues to process tax returns, filings and refunds requests. As such, DOR strongly encourages all taxpayers to file as soon as possible if you have the necessary information to do so.
Pursuant to 30 Del. C. § 1904(b), all final corporate income tax returns are due on the date that the corresponding federal return is due. By operation of law, all Delaware final corporate income tax returns (forms 1100) are now due on July 15, 2020 consistent with the corresponding federal return due date. Continue reading the Delaware Division of Revenue’s (DOR) response to COVID-19.
GUIDANCE FOR BUSINESSES
NATIONAL AGENCIES & ORGANIZATIONS
Centers For Disease Control and Prevention
U.S. Dept. of Homeland Security
Federal Emergency Management Agency
U.S. Dept. of Health and Human Services
National Institute of Allergy and Infectious Diseases
National Institutes of Health
U.S. Dept. of Labor Occupational Safety & Health Admin
U.S. Small Business Administration
World Health Organization