The COVID relief money made available by the government has actually helped millions of small businesses. However, as the pandemic remains, small businesses in particular need help. A new bipartisan proposal in the Senate looks to free up another $68 billion for businesses such as bars, restaurants and other types of food service establishments.
Senators are proposing to reallocate unused funds authorized under previous packages as well as new spending to fund the bill. As concerns about the Omicron variant grow, senators want to prevent restaurants from closing this winter. Read more about the potential for new COVID relief funds:
In addition to COVID relief funds, there are many other grants available to small businesses across the United States. Take a look at the following articles for more information:
Small Business Roundup – January 14, 2022
Here are the other important stories for small business owners this week:
NFT artists fight for piracy issues
Non-fungible tokens or NFTs are a rage in the creator community. Unfortunately, artists struggle with piracy as criminals use their work to create NFTs without their permission. NFT artists struggle with piracy issues The issue of NFTs piracy is a major problem for artists who have their content online.
Hourly wages at small businesses hit a record high in December
As 2021 draws to a close, average hourly wages in small businesses are closing in at $30, according to Paychex IHS Markit Small Business Employment Watch. December data shows hourly earnings growth improving to 4.27%, the highest level since Paychex began reporting 10 years ago. Small business hiring also closed in 2021 with optimistic statistics, resulting in an improvement of 7.
Don’t get used to these low gas prices; They are coming back
Car owners were recently warned that recent low gas prices won’t last, and may be about to rise dramatically. This is because lower fuel demand at this time of year often drives the price down at the pump, but such downward trends do not last.
The IRS lists the 10 most important criminal tax investigations of 2021
The Internal Revenue Service’s Criminal Investigation Service (IRS-CI) recently listed the top ten high profile and high profile cases investigated during 2021, such as tax fraud, money laundering, and public corruption.
Customers want these 8 things from domestic companies after the epidemic
Most Americans would like to support more small businesses in 2022. This was the result of a GoDaddy survey conducted by OnePoll. The survey found that since the onset of the pandemic, 76% of consumers have made efforts to support local small businesses.
Uber and Visa Collaborate for Restaurant Business Scholarship Program
Uber and Visa have announced a new small business grant program to support independent restaurants in 10 cities. Grants for Growth offers $1 million, distributed in grants of $10,000 to 100 merchants. To qualify, businesses must be active on Uber Eats as of January 1, 2022.
Small Business COVID Rapid Test Kits Available Through New Partnership
A new partnership between Paychex and HireRight will allow small businesses to administer COVID-19 testing in the workplace. The new service will allow Paychex customers to order large or small batches of rapid COVID-19 test kits. According to Paychex, these kits will give business results within 15 to 30 minutes after you take the test.
What is driving the increasing cost of everything in the United States?
Inflation has risen in recent months. In 2021, the US consumer price index rose to 6.8%, its fastest rate since 1982.