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RESOURCES FOR BUSINESS
During this unprecedented time, the Palo Alto Chamber of Commerce remains a support and advocate for a healthy and robust business climate.
As we face this unprecedented experience together, please note the following reliable resources that will help keep you, your business, your co-workers and your family informed. Bookmark our website and check back regularly for updates about the health crisis and resources specific to the business community.
Stay safe, stay well, stay positive, and we'll all get through this together!
Click on the boldface headline to be directed to the web link.
Also see "Advice From The Experts" section below for recommendations on great webinars.
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IRS Coronavirus Tax Relief and Economic Impact Payments - help for businesses, taxpayers, nonprofit organizations and others
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US Chamber of Commerce - Library of resources and insights for businesses and families
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National Restaurant Association - How the Coronavirus Aid, Relief and Economic Security Act (CARES) affects the restaurant industry
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California Department of Public Health COVID-19 Industry Guidance for Dine-in Restaurants - Download the handbook here
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American Hotel and Lodging Association - Various COVID-19 resources and hospitality industry relief packages, explained
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Article: "The CARES Act – Implications for Eligible Nonprofit Organizations" - from Strook Law
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California Chamber of Commerce - Excellent source of information for employers
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Facebook Small Business Loans - On March 17, Facebook announced it will be offering $100 million in cash grants and ad credits for up to 30,000 eligible small businesses, $15 million of which will go to small and medium Bay Area businesses.
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California State Senate passes "Coronavirus Response Act" requiring employers of 500 or less to provide Emergency Paid Leave - Article from The National Law Review
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California Department of Labor & Workforce Development - Benefits for Workers Impacted by COVID-19
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ADVICE FROM THE EXPERTS
Recommended Live and On-Demand Video Conferences for Businesses
The Chamber is curating an ongoing a list of pertinent live and on-demand webinars and video conferences from respected experts.
SMALL BUSINESS DEVELOPMENT CENTER
On-Demand webinars
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Access a library of free webinars explaining various relief packages, application how-to's and downloadable forms
SMALL BUSINESS MAJORITY
Live webinars
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Resources Available to California Small Businesses and Nonprofits May 14, 3:00-4:00 p.m. Click here to register.
- For a list of upcoming Live Webinars on a variety of subjects, click here.
On-Demand webinars
- Reopening Your Business: Things You May Not Have Considered
- COVID-19 Stimulus Package: What's in the new law for small businesses
- Zero percent interest, low-interest and disaster loans for California Small Business Owners
- To view a large selection of previously recorded webinars, click here.
HOPKINS CARLEY LAW FIRM
Live webinars
On-Demand webinars
- What Commercial Landlords and Tenants Need to Know About Bankruptcy and Financial Distress Arising from Coronavirus - Click here to view.
- Help,Corona Ate My Contract! How to Analyze Pre-existing Contract Obligations in a Pandemic. Click here to view.
- Coronavirus and Your Workplace Click here to view.
- Alphabet Soup of Leave Laws in a COVID-19 World. Click here to view.
- Managing Employee Headcount and Payroll Decisions in Light of COVID-19 and the CARES Act. Click here to view.
BPM ACCOUNTING AND CONSULTING
On-Demand webinarsClick on the title to access these pre-recorded sessions:
- People Support and Cash Management Amid COVID-19: Addressing Mission Critical Items
- Tax Implications of COVID-19 and Economic Relief Opportunities: What We Know Today
- Managing Financial Anxiety: Understanding the SBA Loan Programs and Preserving Business Value
- Simple Strategies to Maintain Back Office Productivity During COVID-19: Virtual Bill Payment Solutions
- Risk Mitigation and Practical Considerations: Maintaining Compliance, Security and Integrity in a Remote Environment
- Adopting the New Norm of Remote Work Webinar: Technology and Organizational Solutions for Transitioning Teams
- What's Next? Live Beyond COVID-19: Loan Forgiveness and Emergence: Recovering While Steering Your Business Back to Normal
- International Tax Impacts of COVID-19: Income Tax, VAT and Transfer Pricing Considerations and Implications
COMCAST
Live webinars
Comcast Business has launched a new webinar series aimed at helping businesses, of all sizes and across all industries, navigate the current environment, including strategies on how to rethink their short- and long-term goals and leverage technology to remain productive and nimble with their operations. Topics have included:
- Keeping Cybercriminals at Bay – and Protecting Your Business
- Steering Your Brand Through Crisis
- Click here for more information and on Comcast's no-obligation sessions.
GOOGLE
Live Webinars
As part of its "Grow With Google" initiative, Google offers free livestream sessions for small businesses and nonprofits, many of which address COVID-19-related topics. Note: all will feature Google-provided solutions. Click here to learn more.
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New Law for Employers
FAMILIES FIRST CORONAVIRUS RESPONSE ACT (FFCRA)
The full text of the FFCRA can be found here.
The FFCRA is a new federal law that requires employers with fewer than 500 employees to provide two new paid leave benefits for eligible employees affected by the COVID-19 virus in 2020. This applies only to those employees (not already laid off) who are home sick. The leave requirements generally provide paid sick time or paid leave under certain circumstances (as described more fully in the notice poster, link #4, below). The FFCRA also provides tax credits that may help employers provide the paid leave benefits.
The FFCRA helps the U.S. combat workplace effects of COVID-19 by reimbursing American private employers that have fewer than 500 employees with tax credits for the cost of providing employees with paid leave, taken for specified reasons related to COVID-19. The law enables employers to keep workers (who are home sick with COVID-19 related illness and therefore unable to work, even remotely) on their payrolls, while at the same time ensuring that workers are not forced to choose between their paychecks and the public health measures needed to combat the virus. The Departmnt's Wage and Hour Division administers the paid leave portions of the FFCRA.
If an employer has fewer than 50 employees and providing the paid leave benefits would jeopardize the viability of the business as a going concern, the small business exemption may apply. Employers who believe they qualify for the exemption should document why the business meets the exemption criteria unless and until the Department of Labor issues additional guidance on claiming the exemption.
Effective April 1, 2020, employers are required to properly notify their employees of the new FFCRA leave benefits and implement the requirements.
Below are links to important resources that contain compliant employee notices, guidance, and recommendations for employers subject to the FFCRA.
- Department of Labor: COVID-19 and the American Workplace
- Fact Sheet: FFCRA – Employee Paid Leave Rights (in English)
- Fact Sheet: FFCRA – Employer Paid Leave Requirements (in English)
- Compliant FFCRA notice poster for private-sector employees (in English)
- Department of Labor FAQ for the FFCRA employee notice poster
courtesy of Montgomery & Hansen, LLP
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Focus on RECOVERY
These resources may be of interest as we look to the near future.
California's Pandemic Roadmap - the defined stages of recovery and benchmarks that will need to be achieved before moving from one to the nex
"How You Can Plan for a Safe Reopening," Inc. Magazine