{"id":16608,"date":"2020-04-14T23:59:39","date_gmt":"2020-04-14T23:59:39","guid":{"rendered":"https:\/\/www.hireheroesusa.org\/?p=16608"},"modified":"2020-04-14T23:59:39","modified_gmt":"2020-04-14T23:59:39","slug":"financial-resources-available-for-those-impacted-by-covid-19","status":"publish","type":"post","link":"https:\/\/www.hireheroesusa.org\/financial-resources-available-for-those-impacted-by-covid-19\/","title":{"rendered":"Financial Resources available for those impacted by COVID-19"},"content":{"rendered":"\n
Financial Resources available for those impacted by COVID-19<\/strong><\/h5>\n\n\n\n
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Have you been laid off or furloughed due to the pandemic? There are programs in place to support you during this time. It is important to stay resilient and diligent through this process as there are a high volume of individuals who face similar problems. Right now, your job is to get access to the funds that can help you through the months of unemployment. <\/p>\n\n\n\n

CARES Act<\/strong><\/h6>\n\n\n\n

What does this act mean to you? Get the basic facts on how the CARES Act works here<\/a>.<\/p>\n\n\n\n

Unemployment Insurance<\/strong><\/a><\/p>\n\n\n\n

Unemployment amount is increased under the Federal Pandemic Unemployment Compensation<\/a>, including those who were ineligible like contractors or business owners. To qualify, you must be ineligible for any other state or federal unemployment benefits; unemployed, partially unemployed, or cannot work due to the COVID-19 public health emergency; and cannot telework or receive paid leave.<\/p>\n\n\n\n

How long will you receive benefits and how much should you expect?<\/strong><\/p>\n\n\n\n

\u2022 Unemployment benefits are expanded and increased to $600 per week for up to four months<\/a>. If your benefits run out, you can file for a 13-week extension until the end of the year.<\/p>\n\n\n\n

\u2022 To file a claim, click here<\/a> and search from your state.<\/p>\n\n\n\n

The Stimulus Check or Recovery Rebate for Individual Taxpayers<\/strong><\/a><\/p>\n\n\n\n

The purpose of the rebate is to bolster the economy. This refundable tax credit is automatic via direct deposit or paper check. The rebate decreases a taxpayer\u2019s tax liability dollar-for-dollar, and the credit can be refunded to a taxpayer if they have no tax liability to offset. This is applicable to taxpayers who submitted their tax return in 2019 or 2018. Not everyone will get a rebate and Credit Karma<\/a> has an easy-to-read table on the cap. There's also a handy tool from Tax Foundation available below to view your rebate. <\/p>\n\n\n\n

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