Training and Assistance for COVID impacted RI businesses

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RISCPA/RI BUSINESS FORUM NEWS RELEASE SEPTEMBER 30, 2020

RISCPA/RI BUSINESS FORUM NEWS RELEASE SEPTEMBER 30, 2020

NEWS AND UPDATES: 

  • Governor Raimondo announced outdoor table restrictions for restaurants will be reduced from 8’ to 6’ spacing- effective immediately.
  • Governor Raimondo reminded all businesses to make sure they are using a proper screening process for all employees and visitors.
  • RESTORE RI Program: RI Commerce announced updates to the Restore RI program that include a streamlined application process and increased eligibility for more Rhode Island small businesses to apply. Additionally, businesses unable to complete the application for any reason are urged to try again – updates include:
    • More businesses are now eligible including sole proprietors and businesses without employees
    • Businesses with 50 or fewer employees now eligible to apply (reminder – no cap on the number of employees for restaurants or caterers)
    • Employment, revenue, and expense documentation not required to be uploaded.
    • Streamlined grant amount calculation – revenue loss requirement has been decreased from 50% to 30% for all businesses (and you just need to show that for one single month)
    • Businesses can now count independent contractors as FTEs in award calculation
    • Streamlined process for sole proprietors and business entities without W-2 employees or independent contractors

Grant application: CLICK HERE

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Small Firms:

The Small Firms Committee will hold a meeting on Oct 21st at 8am via IN-PERSON or ZOOM.  RISCPA can hold a limited number of seats in the Education Center ( 40 Sharpe Dr, Cranston) for those who would like to venture out!  State of RI COVID 19 guidelines will be followed.  The meeting will also be broadcast via ZOOM for those who would like to stay in the comfort of their home.  Seats at the facility will be on a first come – first serve basis. Here is a brief description of the agenda which will an interesting and informative demo and discussion:

Non For Profit Committee:

The Not For Profit Committee mission is to provide leadership and resources to RISCPA members, who serve the not-for-profit community, through leadership and education. Next Meeting: October 21, 8:00 AM

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Congratulations to the DiSanto Priest Team Members who were promoted effective September 1, 2020: Click Here

 

Restivo Monacelli promotes Ron Dean and Brian Silva: News Release

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sba

SBA Rhode Island District Office is asking everyone to please complete this survey:  https://www.surveymonkey.com/r/B2LZSVF

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RISCPA/RI BUSINESS FORUM ANNOUNCES PARTNERSHIP WITH LT. GOVERNOR DAN MCKEE - OPERATION HOLIDAY CHEER SUPPORTING RHODE ISLAND MILITARY RELIEF FUND

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risbdc 

Rhode Island Small Business Development Center is hosting a series of free events to help small businesses with their business and marketing needs. For more information, please Click Here.

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RISCPA GOVERNMENT AFFAIRS

House Finance Committee heard testimony Tuesday on Eleanor Slater Hospital Budget Issues and updated Redesign Proposal

RISCPA testified against H. 7171, Article 8 Relating to Taxes Amendment 14- see opposition testimony: HERE

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Rhode Island Division of Taxation announces it will allow electronic signatures on certain forms: http://www.tax.ri.gov/Advisory/ADV_2020_40.pdf

All Division Advisories are available here: http://www.tax.ri.gov/Advisory/index.php

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IRS News and Tax Tips: 

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COVID-19 Rhode Island Stats:

  • Total number of cases: 24,748
  • New cases: 173
  • People hospitalized: 103
  • Total Number of Deaths: 1,114
  • Total number of tests: 769,822
  • Positivity rate: 1.9%

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ONGOING ANNOUNCEMENTS

  • Executive Orders extended to October 28th:
    • Telemedicine coverage
    • Cloth face coverings must be worn in public
    • State of Emergency (Disaster declaration)
    • Firearms
    • Quarantine regulations (includes newly added rules) remain in place
    • Visit https://governor.ri.gov/newsroom/orders/ for a complete list of Executive Orders.
  • Governor Raimondo announced an additional $1M to expand the Administration’s “Take it Outside” campaign to help businesses move operations and activities outdoors. The funds will be made available through an RFP (applications available later today) to assist businesses with securing items including heating lamps, wi-fi, lighting, etc. For more information: https://reopeningri.com/take-it-outside.
  • Rhode Island’s Back to Work RI initiative to train and support Rhode Islanders who have lost jobs as a result of the crisis has partnered with employers including CVS Caremark, Electric Boat, Infosys and more along with key stakeholders and is focused on getting displaced residents back to work; RISCPA is proud to partner on this program. The program, funded through the Federal CARES Act, will include transportation and childcare assistance. For more information, visit: RI DLT website: https://dlt.ri.gov/backtoworkri/.
    • JobCase is assisting with enrollment through Back to Work RI; visit https://www.jobcase.com/ to create a free account.
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