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New Hampshire Businesses Need to Act Fast For Possible Financial Assistance

The coronavirus has wreaked havoc on many businesses in New Hampshire, and around the country. The federal government passed the CARES Act with much of the bill intended to provide much needed assistance to both individuals and businesses. The bill also provided emergency funding to states of which New Hampshire was allocated $400 million. NH has created the Main Street Relief Fund to provide some assistance to small businesses who have been negatively financially impacted by the pandemic. If you own and operate a business in New Hampshire, or know someone who does, please pass this information along because time is running out to apply for additional stimulus.

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LGBTQ Individuals More Likely to be Impacted Financially by Coronavirus

By this point it's clear that the coronavirus has impacted millions of people around the globe. Nearly everyone has been affected by the virus in some way. While many of us are struggling with the realities of the last few months, some groups have fared worse than others. Specifically, members of the LGBTQ community are more apt to be negatively financially impacted by the coronavirus than other groups.

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The Stock Market Jumped in April - What Does That Mean?

If you're like many Americans, the stock market has been the least of your concerns recently. Between a global pandemic and extreme economic uncertainty, there are much more important matters to be concerned with. In fact, many of you are likely avoiding looking at your investment statements because the decline (which isn't a bad idea). For those who have been watching the stock market, you may have noticed that stocks increased fairly substantially in April, with the S&P 500 up over 14%. But what exactly does this mean? Are we out of the woods, at least financially? Should you alter your investment strategy? These are important questions many investors are asking right now.

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Four Simple Stress Reduction Tips You Can Do Right Now

Who isn't stressed these days? Between the economic uncertainty and a global pandemic there is a lot to keep you up at night. That's why it's so important to find ways to reduce stress any way you can. If you're having trouble taking care of yourself, it only makes it that much hard to attend to your finances as well. Here are some simple ideas for reducing some stress in these uncertain times.

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More Stimulus for Small Businesses Likely on the Way

Nearly every day we hear tragic news of individuals and businesses suffering from the fallout of the coronavirus. This led the government to pass an enormous 2-Trillion dollar stimulus bill, the CARES Act, near the end of March. One of the more popular programs aimed at small businesses was the Paycheck Protection Program. This part of the bill provided loans to eligible small businesses where some of the proceeds could be forgiven, tax free, if used for certain expenses. However, there was such a high demand for these loans that the program ran out of funding as quickly as about two weeks ago, less than a month later. Late last week Congress passed another stimulus bill adding additional funding to the Paycheck Protection Program, which was signed into law by the President Friday.

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How to Check the Status of Your Stimulus Payment

Near the end of March, the federal government passed the CARES Act. The bill provided an array of various stimulus measures. One of the most talked about were the $1,200 per person stimulus payments. At the time, the bill requested these payments be sent out as soon as possible, but it was unclear when these payments could be expected. Now, a few weeks after the bill passed, some individuals have started to receive their payments. However, if you're one of the many who have yet to receive their payment, there is a new IRS tool to track your payment and potentially update your information if needed.

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