J.J. McCorvey is a business and economy reporter for NBC News.
Small business owners in the Southeast who’ve been waiting for long-delayed pandemic aid are pushing for that money to recover from this fall’s brutal hurricane season. The federal government says more of it is heading their way soon. Around 400,000 claims worth $10 billion are now being processed for eligible business owners who applied for tax refunds under the Covid-era Employee Retention Credit program, the Internal Revenue Service said Thursday.
And with package carrier routes disrupted in the devastated Asheville area, so was the store’s “symbiotic” relationship with its Philadelphia location, where the spouses ship inventory, Toll said. Open hours have been halved to 12-4pm. The business’s losses amount to $12,000, the couple estimated.
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