Restaurant Revitalization Fund Part of the American Rescue Plan
Are you a restaurant, caterer, saloon, tavern, lounge, brewpub, taproom or a place where the public assembles to be served food or drink? You won’t want to miss out on the Restaurant Revitalization Fund Webinar!
On March 11th, 2021 President Biden signed in to law the American Rescue Plan with $1.9T aimed at assisting and stimulating the economy. As part of the legislation, Congress has set aside $28.6B for what they are calling the Restaurant Revitalization Fund. This fund is available for those establishments who experienced declining gross receipts as a result of the COVID pandemic. At a high-level, the fund allows your business to receive a grant equal to the difference between your 2019 and 2020 gross receipts. New entities and those formed in 2019 have an available avenue to also be a part of this fund. Come join us and learn more about this program as it will be open for application within weeks!
PRESENTED BY:
Michael E. Weber, CPA, JD Senior Manager - Tax Services
Grossman Yanak & Ford LLP Three Gateway Center, Suite 1800 Pittsburgh, PA 15222 412-338-9310 | www.gyf.com
To learn more about our presenter click here.
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