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Topic

New Coronavirus Additional Economic Support Measures Voted on

Local news
#1
  • 頑張ろう日本人 in USA
  • mail
  • 2020/12/23 17:55

I am not certain yet, but I saw an article in the news that a new corona additional support was voted on, so I thought I would just share what I understood. Please understand that I may be wrong. Also, please note that although it has been voted on, it has not been signed by President Trump yet and the details are subject to change

・ Additional Stimulus Check benefits （ per adult $ 600.00, down from the previous amount. 00. ）
・ Additional Unemployment Insurance Benefit （ This is also less than last time and is for a weekly benefit of $ 300.00. ）
・ Additional Paycheck Protection Program （ PPP ） （ Details below. ）
・ Other things like extended evictions and rent assistance for people who can't pay their rent are also being incorporated.

Additional Paycheck Protection Program （ PPP ） seems to be available for companies that could not apply for the first PPP or companies that received PPP the first time and exhausted it and need more PPP. The basic rules and repayment waiver rules seem to be the same as for the first PPP, but there may be some changes, such as an increase in the amount that can be applied for in the hospitality industry, such as the hotel industry. Also, it seems that the second application is limited to companies with less than 300 employees and sales that have decreased by 25% or more from the previous year.

In addition, the original rule for companies that received an EIDL Grant of $10,000 and a PPP loan was that they had to repay the $10,000 in the PPP forgiveness process, but it appears that this rule will also change.

It was also mentioned that the expenses paid with PPP loans can now be included as expenses in the tax return.

The final rules will probably be decided at the beginning of January next year and the information will be available on the SBA website, but I don't think the first-come, first-served basis will change, so if you need a PPP loan, please prepare early. I am sure CPAs and attorneys will have more detailed information on the rest, so please check on your own for accurate information.

See ▼
https://www.nav.com/blog/new-ppp-loans-economic-aid-to-hard-hit-small-businesses-nonprofits-and-venues-act-776579/
https://www.nytimes.com/2020/12/21/business/stimulus-paycheck-protection-program.html

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#87
  • どうでもいいよ
  • 2021/01/04 (Mon) 12:22
  • Report

I'd like to see less low income in the world.

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#89
  • aasoo
  • 2021/01/04 (Mon) 12:54
  • Report

#87

How much low income do you base the amount that should be reduced from the world ？?

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#90
  • 厳密に言えば
  • 2021/01/04 (Mon) 14:00
  • Report

You either don't pay taxes or you're in a position to receive taxes.

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#91
  • ed rush
  • 2021/01/06 (Wed) 23:20
  • Report

U.S. to Increase Corona Benefits to Give Momentum to Big Fiscal Policies Incoming Biden Administration
1/7/14 14:36

https://news.yahoo.co.jp/articles/99e05b96226740918cdbc47e842a820a06a42349

Senate Majority Leader Schumer, the top Senate Democrat, said on January 6, "The first thing I want to do is （ one person max. ） $2,000 （ about $210,000 ） per person," he stressed. He announced that he would be the first to increase the amount from $600, which the Republicans, who were in the majority, had blocked through additional measures.

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#92
  • USA2021
  • 2021/01/07 (Thu) 10:37
  • Report

↑ There is a big possibility that the Stimulus Check increase will be realized.

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#93
  • 高収入
  • 2021/01/07 (Thu) 11:40
  • Report

I don't care.

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#94
  • は？
  • 2021/01/07 (Thu) 14:21
  • Report

↑ Your opinion is the least important.

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#95
  • mameta
  • 2021/01/07 (Thu) 14:56
  • Report

#86 So illegal immigrants can get it retroactively if they are someone's spouse ？ So you are saying that illegal immigrant couples can't get it ？ You are contradicting yourself.

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#96
  • ニュートラル
  • 2021/01/07 (Thu) 15:07
  • Report

＞ Can an illegal immigrant get retroactive if he/she is someone's spouse ？

Illegal immigrants cannot get it.
If the illegal immigrant's spouse is a U.S. citizen or permanent resident, he/she can get it only for that spouse. You cannot get it for the illegal immigrant.


＞ So you are saying that illegal immigrant couples can't get it ？ You are contradicting yourself

Illegal immigrants should not get it in the first place ？
What is your contradiction ？?
Not only illegal immigrants, but student visa holders without SS shouldn't get it either.

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#97
  • 無知
  • 2021/01/07 (Thu) 15:37
  • Report

Illegal immigrants who pay taxes get it.

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#98
  • ニュートラル
  • 2021/01/07 (Thu) 15:54
  • Report

#97

By illegal immigrants who pay taxes, I assume you mean those who file tax returns using their EINs. ？

Where did it say that they can now get them ？
If you could tell me. I'd appreciate it.

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#99
  • 無知
  • 2021/01/07 (Thu) 17:07
  • Report

#98
look it up yourself.

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#100
  • mameta
  • 2021/01/07 (Thu) 17:19
  • Report

#96 I got OK this time, so I got $600 for this time, plus $1200 for the last time I was retroactive, for a total of $1800. Why do I get $ 1200 if I am the spouse of an illegal immigrant ？ and this time $ 600?

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#101
  • ニュートラル
  • 2021/01/07 (Thu) 17:29
  • Report

#99

I'm asking because I looked it up and it didn't come up.

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#102
  • ニュートラル
  • 2021/01/07 (Thu) 17:33
  • Report

#100

To be exact, the previous $1,200 would be given in the form of Tax Rebates ↓

The bill also retroactively makes the citizen or green card holder in These payments would be offered as tax rebates.

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#103
  • mameta
  • 2021/01/07 (Thu) 17:52
  • Report

Well, theoretically, yes, but if you're a spouse, you're saying that illegal immigrants got it too. If ＄ 1200 instead of ＄ 600, then the Tax Rebate is not available to the general public. Only families who don't get it get it, right?

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#104
  • 昭和のおとっつぁん
  • 2021/01/07 (Thu) 19:50
  • Report

Even illegal immigrants are eligible for amnesty if they pay taxes.

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#105
  • ニュートラル
  • 2021/01/08 (Fri) 09:55
  • Report

#103

＞ If it's a spouse, that means illegal immigrants got it too. ＄ If it's not 600, but ＄ 1200, then Tax Rebate is not available to the general public. Only families who don't get it get it.

Illegal immigrants don't get a penny.
If you are a married couple who are both U.S. citizens or permanent residents, the total is $1200 this time, but if one of you is an illegal immigrant, it's only $600.

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#106
  • ?
  • 2021/01/08 (Fri) 17:24
  • Report

Since there is no SS for illegal immigrants, US citizens and permanent residents who were using their EIN to pay their taxes, including the income of their illegal immigrant spouses, were automatically repelled.
Now it is OK, so $600 for this time, plus $1200 for the previous retroactive, for a total of $1800
$ It says "1200".
I don't care, it doesn't matter.

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#107
  • ニュートラル
  • 2021/01/11 (Mon) 14:37
  • Report

＃ 106

Sorry, but I don't know what in the world you don't understand, so I'll quit trying to explain in kind. These people are typical of those who believe lies on the internet without understanding them.

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