New COVID Aid Proposal Might Make $68B Out there for Bars and Eating places

The COVID aid cash the federal government made accessible has actually helped thousands and thousands of small companies. Nevertheless, because the pandemic lingers on small companies specifically need assistance. A brand new bipartisan proposal within the Senate is seeking to make one other $68 billion accessible for companies reminiscent of bars, eating places, and different sorts of meals service institutions.

The Senators are proposing to reallocate unused cash approved beneath earlier packages in addition to new spending to fund the invoice. With fears of the Omicron variant rising, the Senators wish to forestall eating places from closing this winter. Learn extra on the potential of new COVID aid cash:

Along with the COVID aid cash, there are a lot of different grants accessible to small companies throughout the U.S. Check out the next articles to get extra info:

Small Enterprise Information Roundup – January 14, 2022

Listed here are the opposite tales essential to small enterprise homeowners this week:

NFT Artists Fighting Piracy Points

Nonfungible tokens or NFTs are all the trend within the creator neighborhood. Sadly, artists are scuffling with piracy as criminals use their work to create NFTs with out their permission. NFT Artists Fighting Piracy Points The piracy situation of NFTs is a giant downside for artists which have their content material on-line.

Hourly Wages at Small Companies Hit Document Degree in December

As 2021 drew to an in depth, the common hourly wage at small companies locked in at $30, in response to the Paychex IHS Markit Small Enterprise Employment Watch. The December information reveals hourly earnings progress enhancing to 4.27%, which is the very best stage since Paychex started reporting 10 years in the past. Hiring at small companies additionally closed 2021 on an optimistic stat, enhancing 7.

Don’t Get Used to These Decrease Fuel Costs; They’re Going Again Up

Automobile homeowners had been warned just lately that the latest low fuel costs weren’t going to final, and so they could possibly be about to considerably improve. It is because the decrease demand for gasoline round this time of 12 months usually lowers the value on the pump, however such downward developments don’t final.

IRS Lists High 10 Felony Tax Investigations in 2021

The Inside Income Service Felony Investigation (IRS-CI) just lately listed the highest ten most distinguished and high-profile circumstances they investigated throughout 2021. The IRS-CI is the prison investigative arm of the IRS who’re answerable for conducting investigations into monetary crimes reminiscent of tax fraud, money-laundering and public corruption.

Prospects Need These 8 Issues from Native Companies Submit-Pandemic

Most People wish to assist extra small companies in 2022. This was the discovering of a survey that was commissioned by GoDaddy and performed by OnePoll. The survey discovered that for the reason that pandemic started, 76% of customers have made an effort to assist native small companies.

Uber and Visa Workforce Up for Restaurant Enterprise Grant Program

Uber and Visa simply introduced a brand new small enterprise grant program to assist unbiased eating places in 10 cities. The Grants for Development program affords $1 million, distributed in grants of $10,000 to 100 retailers. To qualify, companies should be lively on Uber Eats as of January 1, 2022.

COVID Speedy Take a look at Kits for Small Enterprise Made Out there Via New Partnership

A brand new partnership between Paychex and HireRight goes to permit small companies to handle office testing of COVID-19. The brand new service will make it potential for Paychex shoppers to order bulk or small batch orders of speedy COVID-19 take a look at kits. In response to Paychex, these kits will give companies outcomes inside 15 to half-hour after a take a look at is run.

What’s Driving the Rising Price of All the pieces within the US?

Inflation has surged in latest months. In 2021, the US Shopper Worth Index rose to six.8%, its quickest charge since 1982.

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In the News: $68B for Bars and Restaurants in New COVID Relief Proposal