(866) 303-9595 | (845) 764-9656
Join Our Newsletter
 Facebooktwitterlinkedinyoutube    
Open/Close Menu World Class Attorneys, Hudson Valley Roots

COVID LOANS ARE AVAILABLE TO NONPROFITS THROUGH NEW YORK FORWARD LOAN FUND In response to the economic hardships caused by the COVID-19 pandemic, New York has created a loan program called the New York Forward Loan Fund (NYFLF) aimed at small businesses, small landlords, and nonprofits. NYFLF loans will not be forgiven. The loans must…

Facebooktwitterlinkedinmail

CHILD DAY CARE PROGRAMS NOW ELIGIBLE FOR STATE ASSISTANCE Governor Cuomo announced that $65 million in federal CARES Act funding is available for child care providers throughout New York State. The goal is to provide incentives for closed day care centers to reopen, and for centers that are still open to increase their capacity. $20…

Facebooktwitterlinkedinmail

OUTDOOR DRINKING IS BACK SUBJECT TO GUIDELINES The New York State Liquor Authority (SLA) has announced that effective June 4, 2020, outdoor, on-premises service of alcoholic beverages and/or food may resume in those regions that attain Phase 2 of the NY Forward reopening plan, subject to the following guidelines. The guidance remains in force through July 3….

Facebooktwitterlinkedinmail

CONGRESS EXTENDS PAYCHECK PROTECTION PROGRAM   Both houses of Congress have approved a bill making several material modifications to the popular Paycheck Protection Program (“PPP”). The President is expected to sign the bill into law very shortly. The 8-week “covered period” during which PPP funds can be spent can now be extended, at the borrower’s…

Facebooktwitterlinkedinmail

THE PANDEMIC AND YOUR FINANCES Many of us have been financially impacted by the Coronavirus pandemic. There has been a lack of income due to loss of jobs, company layoffs and non-essential businesses being closed.  Rent and mortgages are due, monthly bills are stacking up, spending has increased, and credit cards have been maxed out….

Facebooktwitterlinkedinmail

PANDEMIC CHALLENGES FOR NONPROFITS Observers are predicting a challenging road ahead for many charitable nonprofits, especially those that rely on funding from state and local governments. Tax revenues are down and deficits are ballooning. It is widely expected that sooner or later, government funding of charitable nonprofits will be reduced or even eliminated. Private philanthropies…

Facebooktwitterlinkedinmail

SMALL BUSINESS THREATENED It has always been a challenge for the small business person to develop and operate the business of their dreams.  Regulations, big box and on-line competition, demanding credit sources and long hours are the price entrepreneurs pay for independence. Now on top of those forces has come the Covid-19 plague and society’s…

Facebooktwitterlinkedinmail

RE-OPEN MID-HUDSON VALLEY DURING COVID-19 With the decline in COVID-19 infection rates throughout New York State, attention has turned to safely re‑opening the economy. Governor Cuomo has outlined his plan to re-open the ten regions of New York. Our region is the Mid-Hudson Valley, which includes Orange, Sullivan, Ulster, Dutchess, Putnam, Rockland and Westchester counties….

Facebooktwitterlinkedinmail

SUPPORTING THE NON-PROFITS SUPPORTING YOUR COMMUNITY The Poughkeepsie Journal recently published a very sobering article on the economic challenges facing so many non-profits in our area. The economic contraction caused by the COVID-19 pandemic , as well as the economic anxiety that we are all feeling, is resulting in a substantial decrease in funds available…

Facebooktwitterlinkedinmail

ORANGE COUNTY FUNDING CORPORATION LAUNCHES SMALL BUSINESS RESILIENCY LOAN The Orange County Funding Corporation, an entity affiliated with the Orange County Industrial Development Agency, has launched the Small Business Resiliency Loan program aimed at assisting small businesses located in Orange County, New York. Further information can be found here. A fund of $500,000 has been…

Facebooktwitterlinkedinmail
Page 1 of 131 2 3 13
Credit Cards   

©2018 Jacobowitz and Gubits. All rights reserved.

Jacobowitz and Gubits Counselors at Law