WY Relief Fund to Offer More Funding
The Wyoming Business Council is set to open the next wave of COVID-19 funding for small businesses and nonprofits impacted by the pandemic on Aug. 4.
Eligible businesses and nonprofits can apply for both the Relief Fund and the Mitigation Fund but applicants cannot apply more than one time per fund. Businesses that received a stipend from the Interruption Fund can also apply for these next funds. Recipients are not required to pay back the funds; however, all funds received through the COVID-19 Business Relief Program are considered taxable income.
Click the link below to the Wyoming Business Council site with the Relief Fund details including: application details, eligibility explanation, example scenarios, FAQs, calculating worksheets, and a glossary.
Remember, our experienced CPAs in our Gillette Office are available to assist with any questions or concerns.