All in Weekly Business Updates
Residents of New York and New Jersey impacted by Hurricane Ida now have until January 3, 2022 to file business and individual tax returns and make tax payments. This extension applies to any tax returns or tax payments that normally would be due between September 1, 2021 and December 31, 2021. Residents of Louisiana also have the same extension to file tax returns and pay taxes.
Business owners can’t find enough people, so stores and restaurants are short-staffed. These are all symptoms of a massive shift in employment that has been called “The Great Resignation,” but which appears to be more of a reassessment of work and a mismatch between the skills that employers want and the opportunities that employees seek.
The SBA is relaunching the SVOG program with a supplemental grant program to disburse the remaining $7.2 billion. Supplemental grants are available only to qualifying live entertainment and other related businesses that already received funding. Eligible organizations will receive invitations to apply for additional funding, up to 50% of their original award amount.
