Coronavirus (COVID-19) | Updates and Latest Information:
NATIONAL RESTAURANT ASSOCIATION RESOURCES
The National Restaurant Association has updated their COVID-19 Resources and have a CARES Act Resource page.
SBA ECONOMIC INJURY DISASTER LOAN UPDATES
EIDL updated their application system to ensure accessibility. To apply for the loan, CLICK HERE.
CARES Act: Employee Retention Tax CreditThe employee retention tax credit (ERTC) for employers subject to closure due to coronavirus. The provision provides a refundable payroll tax credit for 50% of wages paid by employers to employees during the crisis. The credit is available to employers whose
Click here to read more about what the CARES Act offers for restaurant owners and operators.
APPLICATION INFORMATION RELEASED FOR PAYCHECK PROTECTION PROGRAM
The Treasury Department just released initial guidance for the SBA's Paycheck Protection Program. Eligible small businesses can begin applying for these loans beginning April 3, 2020.
In the interim, we urge members preparing to submit a loan application to work expediently in order to submit the application to their SBA approved lender on Friday, April 3, 2020.
Governor Ned Lamont and DRS Announce Deferment of Sales Tax Payment
Sales Tax Deferred For Businesses that Reported
$150,000 or Less in 2019 Sales TaxAt the direction of Governor Lamont to provide Connecticut small businesses with immediate administrative tax relief in recognition of the impact of COVID-19, the Department of Revenue Services (DRS) today announced that it granting a two-month extension of filing and payment deadlines for certain small businesses. READ THE PRESS RELEASE HERE.
PAID SICK LEAVE AND EXPANDED FAMILY AND MEDICAL LEAVE UNDER THE FAMILIES FIRST CORONAVIRUS RESPONSE ACT POSTER
The Families First Coronavirus Response Act (FFCRA or Act) requires certain employers to provide their employees with paid sick leave and expanded family and medical leave for specified reasons related to COVID-19. These provisions will apply from April 1, 2020 through December 31, 2020. CLICK HERE TO DOWNLOAD THE POSTER.
CRA Restaurant Industry Update Webinar
WATCH THE WEBINAR HERE
SALE OF ALCOHOL WITH TAKEOUT AND CURBSIDE
UPDATES FROM DEPARTMENT OF CONSUMER PROTECTION
Thanks to Governor Lamont's Administration and Lawmakers for working with the Connecticut Restaurant Association to allow for restaurants to sell alcohol for off-premise consumption, as long as patrons are purchasing food with their purchase.
READ OUR EMAIL WITH GUIDANCE FROM DCP ON IMPLEMENTATION.
News from the CRA and Updates from
Executive Director Scott Dolch
The CRA is a full service, not for profit trade association dedicated to support every type and size of restaurant. We are advocates for the Connecticut restaurant industry, a hub for information and a platform for networking. We commit ourselves to offering cost effective benefits and resources you need to run a profitable business.