COVID-19 Economic Resources for Businesses & Employees

*This page will be updated as we receive new information.

Information from the MA Department of Unemployment Assistance and Department of Labor & Workforce Development:

Workshare Program
This program is for Massachusetts Employers and offers a potential alternative to laying off employers. Check out these links below for information, requirements and applying to the Workshare Program.

    www.mass.gov/service-details/workshare-information-for-employers
    www.mass.gov/service-details/workshare-requirements-for-employers
    www.mass.gov/how-to/apply-for-workshare

The Department of Unemployment Assistance will be holding Virtual Town Halls, beginning tomorrow, Tuesday, March 24th (in Spanish) , Wednesday, March 25th, Thursday, March 26th and Friday, March 27th (in English), to answer your questions about unemployment and about Workshare.

    www.mass.gov/forms/massachusetts-department-of-unemployment-assistance-dua-virtual-town-halls

Information regarding The Small Business Administration’s Economic Injury Disaster Loan Program:

The Small Business Administration’s Economic Injury Disaster Loan program is now open in Massachusetts. Massachusetts small businesses can now access and apply for Economic Impact Disaster Loans at www.sba.gov/disaster.

The SBA has established a toll-free line to answer questions at 1-800-659-2955

U.S. Small Business Administration, SCORE, and Women Business Centers will be providing workshops to answer questions and to help small businesses with the loan application process.

The Baker-Polito Administration announced administrative tax relief measures for small local businesses which have been impacted by the ongoing COVID-19 outbreak, especially in the restaurant and hospitality sectors. This tax relief includes postponing the collection of regular sales tax, meals tax, and room occupancy taxes that would be due in March, April and May so that they will instead be due on June 20. Additionally, all penalties and interest that would otherwise apply will be waived.

Businesses that paid less than $150,000 in regular sales plus meals taxes in the year ending February 29, 2020 will be eligible for relief for sales and meals taxes, and business that paid less than $150,000 in room occupancy taxes in the year ending February 29, 2020 will be eligible for relief with respect to room occupancy taxes.

The Department of Revenue is currently drafting emergency regulations to implement these administrative relief measures, and they are expected to be finalized before Friday, March 20, 2020.

Governor Baker signed S.2599 to provide unemployment assistance to workers impacted by COVID-19. This legislation will allow new claims to be paid more quickly by waiving the one week waiting period for unemployment benefits.

You can read the Governor’s press release with additional updates here. The latest information and guidance regarding COVID-19 is always available at mass.gov/COVID19

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