Congresswoman Karen Bass Hosts Telephone Town Hall to Discuss Tax Benefits Given to Residents from the American Rescue Plan
By Saybin Roberson, Contributing Writer
Published April 15, 2021
It’s been nearly a month since President Biden signed the American Rescue Plan, which included economic stimulus checks for most American’s and tax benefits for the community. As we continue to forge through the pandemic and economic woes, Congressmember Karen Bass held a call geared towards helping navigate this tax season.
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The telephone town hall included representatives from the Internal Revenue Service (IRS), California Franchise Tax Board, and more. The call discussed what to do if you did not get the economic stimulus payments yet, taxes on payments, tax filing procedures, how to get help with preparing and filing taxes, and more.
LA Regional COVID Fund Will Provide $4.7 Million to Personal Care; Retail Small Businesses
By Sentinel News Service
Through this new grant, eligible businesses within Los Angeles County can apply for a $10,000 grant
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Top financial institutions have concluded that while most businesses were negatively impacted by the COVID-19 pandemic, businesses within the personal care and retail sectors will have a longer path to recovery than most, having seen a 45% decrease in revenue in 2020.
Following the success of the LA Regional COVID-19 Recovery Fund, which dispersed nearly $100 million in grants last year to small businesses and non-profits, the Fund will dedicate $4.7 million dollars to small businesses in the personal care & retail sector.
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LA County To Provide Grants For Small Personal Care and Retail Businesses
By City News Service
Published April 1, 2021
Small Los Angeles County businesses in the personal care and retail sector can apply for $10,000 grants starting April 5, county officials announced March 31. The L.A. Regional COVID Fund distributed nearly $100 million in grants last year to small businesses and non-profits, and this new round of funding, called the Keep Our Shops on the Block Grant, will dedicate $4.7 million to personal care and retail businesses.
Eligible businesses include hair and beauty salons, nail salons, estheticians, skincare, barbershops, dry cleaners, bakeries, automotive stores and more. They must have an open storefront in L.A. County, excluding the city of Los Angeles, and make less than $1 million in revenue per year, officials said. They also must show proof of financial hardship due to the COVID-19 pandemic.
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