April 29, 2021
Angela Venti
Email: solutions@alloysilverstein.com
Cell: (856)685-6728
Access the paper copy of this application now to review in preparation for when the application opens. Note that the online application is significantly more user-friendly than the paper version and will provide prompts to fill in the necessary information as well as auto-fill capabilities.
Just this week the SBA released the final Restaurant Revitalization Fund grant program details and application information. Since registration begins on Friday, April 30, restaurant business owners need to act fast.
Since the food and beverage industry has been devastated by this past year from the COVID-19 pandemic, the Restaurant Revitalization Fund aims to bring much needed funds and relief to the restaurants and bars still in operation or those new in business. See our recap on the RRF requirements and calculations.
The passage of the American Rescue Plan Act of 2021 set aside nearly $30 billion in funds to create the Restaurant Revitalization Fund (RRF). Our article reviews the RRF requirements and calculations.
The American Rescue Plan Act of 2021 contains another round of stimulus checks, expanded unemployment benefits, child tax credits, additional COVID-19 funding, increased small business relief, and more initiatives that may impact your individual and business tax planning.
Alloy Silverstein is a regional accounting and advisory firm providing quality tax, accounting, auditing, financial, and outsourcing solutions to the individuals and businesses of the South Jersey community since 1959. With over 50 professionals in Cherry Hill and Hammonton, NJ, Alloy Silverstein’s team of CPAs, business advisors, and payroll specialists work together to help small and medium sized businesses achieve their personal and professional goals. A 2019, 2020, and 2021 Best of Accounting™ Award Winner for client service excellence, the firm was also recognized by Forbes as a 2020 and 2021 Best Accounting and Tax Firm. Learn more at AlloySilverstein.com.
