Resources

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TABCC logo and motto - TABCC, Connecting the Disconnected

The resources listed here are for those interested in starting a businesss or if you have your business already running and need additional capital. As always, you can contact TABCC for additional resources and information.

Small-Business Grants

One dollar bill

There are a number of small business grants that are available to small businesses. A grant is money that does not have to be paid back. Find out more about these grants and to see if you qualify. Find out more about grants on Nerd Wallet website.

Paycheck Protection Program (PPP)

Paycheck Protection Program - An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-10) crisis

Certain eligible borrowers that previously received a PPP loan are eligible for a second loan with the same loan terms through the additional funding Congress passed. Borrowers can apply for a Second Draw PPP Loan until March 31, 2021. Read more about PPP on the SBA website.

Other Resources

Best Small Business Loans

Best Unsecured Business Loans

Best Business Loans for Bad Credit

Benefits of Business Credit Cards

Starting A Business by Atlas Alabama

IRS Resources

Below are resources provided by the IRS (Internal Revenue Service) for businesses. Some of these resources include those that are specific to the COVID-19 Pandemic.

Families that qualify for the Earned Income Tax Credit also qualify for free tax help by IRS-trained volunteers

Claiming the Earned Income Tax Credit? Get the EITC and all the IRS tax credits you deserve without spending a cent. Find a free tax prep site near you: www.irs.gov/vita Unemployment compensation must be reported on your #IRS tax return. Learn more at www.irs.gov/uc

IRS urges taxpayers and tax pros to avoid processing delays by filing electronically If you still file a paper tax return, there is no better time to switch to e-file. Avoid unnecessary paper processing delays in 2021: www.irs.gov/efile

Many pages on IRS.gov are available in 7 different languages. Some products are translated into more than 30. Get A Closer Look at the IRS strategy for helping taxpayers in other languages. https://go.usa.gov/xAfwq

IRS has free resources for small organizations and self-employed individuals with retirement plans. Learn how to choose, maintain and correct your plan at: https://go.usa.gov/xAv3d.

Getting ready to file your 2020 tax return? Read these important IRS reminders: https://go.usa.gov/xAtk5

Ugly can be lovable, but not the ugly scan of unemployment compensation identity theft If someone has used your identity to claim unemployment compensation, IRS has guidance that may help: https://go.usa.gov/xAFwr