Posted on 03/26/2020 1:17:23 PM PDT by terart
Hi all, I own a screenprinting/embroidery business...have lost a ton of business coming up due to cancellations of events. Has anything been set up to help those of us who are self employed? I know there are some loan options which are very constricting and a pain in the butt to get...was just wondering. Thanks!
There is an income provision in there. If you have had a rough time in the last 6 months, you may not qualify.
Small businesses have to take out loans, but the “Endowment for the Arts” gets a monstrous grant. That is sick.
I’ve heard that, but since I am an LLC and not set up as an employer with myself as an employee, I don’t pay into the state unemployment insurance fund. I’ll check to see if I’m wrong and you’re correct.
Freelancers do not pay into the unemployment insurance fund this is NOT state unemployment this is a federal payment being paid through each state!! You are eligible go on line and file!!!
For goodness sakes with ALL of this money going out how in the hell are they going to know if anyone had a rough time in the last 6 months!!! I think everyone should just file it certainly can’t hurt to try!!!
Heard on the radio that the kung flu bailout package includes up to $350,000 loans for small businesses. I’d go for it if I were you. Get in line early as I expect long lines and lots of forms to fill out.
Just found this and answered a bunch of questions that I had...ABSOLUTELY WORTH READING
https://www.nytimes.com/article/coronavirus-stimulus-package-questions-answers.html
Self employed will be included in the $1200 checks.
I understand that the unemployment is for the self employed as well
Well, that was helpful.
Inspirational.
Can’t believe the amount of bullshit in the first 10 or 15 posts over this person’s question. There are thrads to make light of and others that are serious.
If you can’t be serious or don’t know what the hell you are talking about, leave it alone!
On this thread, someone needs to be.
terart, in other words, anyone involved in this thread has no idea what they are talking about.
Keep an eye out over the next few days. Contact your accountant, if you have one, or just apply for unemployment and let them figure it all out from there.
Unemployment Insurance is supposed to cover the self employed too.
I am guessing I will need to wait until the House signs the bill before I bother going to the unemployment office...am I correct?
No, file unemployment as soon as your state’s waiting period from your layoff is over. File with your state and then see what they have in place in order to receive Fed unemployment benefits
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.