Here are some resources for business owners:
Working Washington Small Business Grants, Round 4: Gov. Jay Inslee and the state Legislature approved a new round of small business grants. The $240 million in grants will focus on small businesses impacted by COVID-19. The application portal will open March 29. For details go to commercegrants.com.
American Rescue Plan: President Joe Biden signed the American Rescue Plan Act on March 11. It includes:
- Stimulus checks: The bill provides for $1,400 checks for individuals making less than $75,000 annually, and phased-out amounts for people with higher incomes. Married couples who file taxes jointly can receive two $1,400 checks if their combined income is below $150,000. Payments would phase out at $80,000 for individuals and $160,000 for married couples. Children and adult dependents (including disabled adults and college students) are eligible for the full $1,400.
- Unemployment payments: The bill includes enhanced unemployment benefits