We realize this may not directly relate to all of our clients. But if it can help you, or a Family Member, or a Friend – – please keep reading. If you know someone you can pass this along to or if you can donate – please keep reading.
Take out and delivery services may be helping restaurant revenues and employees a little bit but it isn’t enough. Last week, the National Restaurant Association estimated that as many as 7 million of the industry’s 15 million workers could lose their jobs as a result of COVID-19. And that’s not counting the workers still working but not working as much.
National Restaurant Association (NRA)
Restaurant Employee Relief Fund (RERF)
First-come, First-serve. Subject to availability of funds
Guy Fieri, Spokesperson RERF – “We’ve got tens of thousands of restaurants that are closing. Some for a short period of time, and some probably forever. We have millions and millions of restaurant employees without jobs. We’re talking about a lot of families, hourly employees, people living paycheck to paycheck”.
DONATE HERE https://rerf.us/make-a-donation/
APPLICATION INFO https://rerf.us/apply-for-aid/
This is first-come-first-serve and relies entirely on donations. Speaking of donations – for 2020 tax returns there will be a $300 above-the-line deduction for cash contributions. If you can -#giveyourcheck
We recommend, if applications don’t go through – Keep trying! Donations keep coming and the internet keeps moving. Keep informed by following them on your preferred social channel: National Restaurant Association Education Foundation.
We are here to guide you through this process and anything else to help you get through COVID-19. Email [email protected]. Please put COVID-19 in the subject line. Or call us at 727-327-1999.
In addition to the monthly newsletter and weekly blog we will be sending COVID-19 updates through “Email Updates”.
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Stay safe. Stay strong.
COVID-19 DISCLAIMER:
During this time, you will notice more emails from Carol McAtee & Associates CPAs as we do our best to keep on top of what we think is important to you.
Laws and regulations have quickly changed and will continue to change in order to mitigate the economic damage caused by the Coronavirus Crisis. New laws and regulations are being passed quicker than the legislative process has taken in the past. And the interpretations are changing daily, if not hourly. Deadlines and due dates are being extended and re-extended. Please keep this in mind as we get through this together.
