Amid the novel coronavirus (COVID-19) outbreak, long lines outside grocery stores have been the norm in Nevada and across the country — with consumers hustling to get toilet paper, eggs and critical supplies. Given everything else we’re dealing with as a result of this crisis, we shouldn’t also have to worry about drastically overpaying for these essential items.
Many businesses are reeling from the COVID-19 pandemic, and while some may return to business as usual once the crisis is over, others may need to alter the way they think and operate in order to survive.
In times of uncertainty, the person who brings the most clarity adds the most value. I know you’re probably getting a lot of questions about the coronavirus. So, what I want to do, today, is share some talking points that you can use with your clients. This will help you be the calm in the storm.
The Nevada Legislature has enacted for a second time New Markets Tax Credit (NMTC) program, providing some critical financing options to help local companies expand their businesses.
The coronavirus pandemic is impacting life in Nevada in a way that we have never really seen before. Gov. Steve Sisolak has demonstrated strong leadership in the face of this unprecedented public health crisis, declaring a state of emergency on March 13, and later announcing a set of COVID-19 risk mitigation initiatives, and most recently issuing emergency directives that have impacted Nevada businesses in significant ways.
Here are eight ways to maximize your work-from-home situation that will ultimately benefit you and everyone you interact with (including your pet):
The Small Business Administration or SBA offers a number of programs designed to help small businesses get through difficult times. This article focuses on two new programs specifically designed to help businesses impacted by the COVID-19 pandemic. These are part of the Coronavirus Aid, Relief and Economic Security Act, also known as the CARES Act, which President Donald Trump recently signed into law.
The Families First Coronavirus Response Act , which goes into effect on April 2, provides temporary, emergency action in response to the COVID-19 outbreak. The act temporarily expands the federal Family and Medical Leave Act (FMLA) on an emergency basis, provides federally mandated paid sick leave, expands unemployment insurance benefits, provides tax credits for certain costs related to implementation of this law, and more. The act will have a significant impact on small and medium-sized businesses with fewer than 500 employees.
I’ve lived through the anti-Vietnam years in the 1960s, the gas crisis of the 1970s, the real estate meltdown in the late 1980s, and the Great Recession of 2008, but have never seen anything like the pandemic of COVID-19 in my lifetime. To ease the impact, we must do the following to get the Nevada economy back on track.