Great Lakes Independent Booksellers Association
  • About
    • Join GLIBA
    • Bookstore Members
    • Board of Directors >
      • Past Board Members
    • Our By-Laws
    • Publisher Members
    • GLIBA Board Nomination
  • Catalogs
    • Summer Catalog Resources
  • Events
    • Spring Forum 2025 >
      • Spring Forum 2025 Publisher Guidelines
    • Indie Bookstore Day >
      • Chicago Bookstore Crawl
      • MI Book Hop
    • Profitability Education
    • Past Events >
      • Indie Press Social with SIBA & GLIBA
      • Spring Forum 2024 >
        • Spring Forum 2024 Publisher Guidelines
      • Hanif Abdurraqib at Downbound Books
      • Jack White and Hanif Abdurraqib
      • Rep Night 2023
      • Spring Forum >
        • Spring Forum 2023
        • Spring Forum 2022
        • Spring Forum 2021
        • Spring Forum 2020
        • Spring Forum 2019
        • Spring Forum 2018
      • George Saunders
      • The Lit Show >
        • The Lit Show: Chapter 3
        • The Lit Show: Chapter 2
        • The Lit Show: Chapter 1
      • Heartland
      • Chicagoland IBD Bookstore Crawl
      • Group Bookstore Events
      • Rep Night >
        • Rep Night 2019
        • Rep Night 2018
  • Bestsellers
  • Heartland
    • Heartland Education
  • Awards
    • Great Lakes Bookstore of the Year
    • Heartland Booksellers Award >
      • Nominations
    • Voice of the Heartland >
      • Past Winners
  • Bookseller Resources
    • Tim Smith Educational Travel Scholarship
    • ABA Resources
    • Amazon Instructions Poster
    • Bookstore Map Artwork and Shirts
    • Publisher Promotions
    • Publisher Imprint Graphics
    • Rep List
    • Publisher Social Media
    • Reporting Your Sales
    • New York Trip
    • CHILOVEBOOKS
    • Tools of the Trade
    • The Independent Bookseller
    • Associations and Organizations
    • Advocacy
    • Anti-Racism Resources
    • Covid-19 Resources
  • News
  • Publishers, Authors and Industry Affiliates Info
    • Advertise with GLIBA
    • MIPA
    • Bookseller ARC Requests and Preferred Reading Genres
    • For Authors
  • YouTube Channel
  • Past Holiday Catalogs
    • Holiday Catalog 2022 >
      • Holiday Catalog 2022 for Publishers
    • Holiday Catalog 2021
    • Holiday Catalog 2020
    • Holiday Catalog 2019
  • About
  • Holiday Catalog
    • Holiday Catalog for Bookstores
    • Order Holiday Catalogs
    • Holiday Catalog for Publishers

Update from ABA CEO Allison Hill

4/1/2020

0 Comments

 
Dear all,
The above haiku is my offering to you to make up for the fact that today is a repeat. (As I typed this, I flashed back to how upsetting that word was when I was a child—tuning in to my favorite show only to discover that it was a “repeat.” The horror.) This information is worth repeating, though. With thanks to ABA’s advocacy team, below is critical information about loans, grants, and the FFCR Act that begins TOMORROW, April 1. (By the way, I’m pretty sure that April Fool’s Day is postponed this year, like most everything else.) So, without further ado, an oldie but a goodie:
Start the Loan and Grant Process Now
  • Check the ABA website for opportunities in your region.
  • Read the U.S. Chamber of Commerce’s Guide & Checklist
  • Read ABA’s summary of specific provisions of the CARES Act
  • Read the Senate Committee on Small Business & Entrepreneurship’s CARES Act guide and frequently asked questions
  • Sign up for more information about Facebook’s Small Business Grants Program
  • Start preparing documents you may need to apply for loans and grants:
    • Three years of business tax returns and personal tax returns for all principles.
    • Your 2019 tax returns or, if that’s not possible, your 2019 year-end financials.
    • Year-to-date profit and loss and balance sheets
    • A personal financial statement for any owner who owns more than 20 percent of the company.
    • A debt schedule or list of liabilities for your business.
    • Your monthly operating expenses from March through September of last year.
For SBA disaster loan assistance you will need to complete the application in one sitting (no saving as you go) but it will only take about 20 minutes online with the following readily available:
  • Sales and cost of goods for 2019
  • Names, address, phone, numbers, and social security numbers for all owners
  • Corporate name, ID number, address, and phone number
  • Number of employees as of January 1, 2020
  • Bank name, account number, and routing number
Watch for more details from ABA about procedures and tips, as we expect to know more later this week.
Remember: April Begins a New Legal Requirement
The Families First Coronavirus Response Act takes effect TOMORROW, April 1. The law includes significant changes to employee pay as it relates to the COVID-19 outbreak, such as mandating paid family leave and paid sick leave.
It’s also important to note that bookstores with fewer than 50 employees may be able to apply for an exemption from paid sick leave and expanded family and medical leave if providing either of the types of paid leave could “jeopardize the viability” of their business. The Department of Labor (DOL) has not yet issued guidance on how to apply for this exemption to-date but notes that a small business will have to document why it meets the criteria. DOL noted this exemption will be addressed in forthcoming regulations. For questions regarding the exemption, please contact ABA’s Advocacy team at [email protected].
In general, it’s important that you understand this LEGAL REQUIREMENT and the relief associated with it:
  • Read ABA’s summary of specific provisions of the Families First Coronavirus Response Act
  • Read the Department of Labor’s resources on COVID-19 and the workplace
  • Importantly, read the department’s comprehensive Families First Coronavirus Response Act: Questions and Answers
Among other provisions, the law requires employers with fewer than 500 employees to provide employees two weeks of paid sick leave if the employee is unable to work (or telework) because of a federal, state, or local quarantine order; self-quarantine; COVID symptoms; care of a quarantined individual; or the need to care for children due to the closure of school or place of care.
The law provides employers with a refundable tax credit equal to 100 percent of qualified sick and family leave wages paid. Employers can claim the credit quarterly. And the CARES Act provides for advanced refunding of the payroll tax credits enacted in the Families First law. The credit for required paid sick leave and the credit for required paid family leave can be refunded in advance using forms and instructions the IRS will provide. ABA’s Advocacy team will provide updates as they become available.
For specific questions about how these changes may impact your store, contact your payroll or human resources company, your state’s Department of Labor, or reach out to ABA’s Advocacy team at [email protected].
ABA is here to support you. Please reach out if there is anything we can help with. We are an incredibly creative, resilient, supportive industry. We’ll get through this, together.
Best,
Allison
0 Comments



Leave a Reply.

    Archives

    April 2025
    March 2025
    February 2025
    December 2024
    July 2024
    June 2024
    April 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    May 2023
    April 2023
    March 2023
    February 2023
    December 2022
    November 2022
    July 2022
    May 2022
    April 2022
    March 2022
    January 2022
    December 2021
    November 2021
    September 2021
    March 2021
    January 2021
    November 2020
    October 2020
    September 2020
    August 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    August 2019
    May 2019
    April 2019
    November 2018
    September 2018
    August 2018
    July 2018
    April 2018
    March 2018
    February 2018

    Categories

    All

    RSS Feed

GLIBA Office
​
3123 Andrea Ct,
Woodridge, IL 60517

Contact Us
(630) 841-8129
[email protected]
[email protected]

    Join the GLIBA Email List!

Submit
  • About
    • Join GLIBA
    • Bookstore Members
    • Board of Directors >
      • Past Board Members
    • Our By-Laws
    • Publisher Members
    • GLIBA Board Nomination
  • Catalogs
    • Summer Catalog Resources
  • Events
    • Spring Forum 2025 >
      • Spring Forum 2025 Publisher Guidelines
    • Indie Bookstore Day >
      • Chicago Bookstore Crawl
      • MI Book Hop
    • Profitability Education
    • Past Events >
      • Indie Press Social with SIBA & GLIBA
      • Spring Forum 2024 >
        • Spring Forum 2024 Publisher Guidelines
      • Hanif Abdurraqib at Downbound Books
      • Jack White and Hanif Abdurraqib
      • Rep Night 2023
      • Spring Forum >
        • Spring Forum 2023
        • Spring Forum 2022
        • Spring Forum 2021
        • Spring Forum 2020
        • Spring Forum 2019
        • Spring Forum 2018
      • George Saunders
      • The Lit Show >
        • The Lit Show: Chapter 3
        • The Lit Show: Chapter 2
        • The Lit Show: Chapter 1
      • Heartland
      • Chicagoland IBD Bookstore Crawl
      • Group Bookstore Events
      • Rep Night >
        • Rep Night 2019
        • Rep Night 2018
  • Bestsellers
  • Heartland
    • Heartland Education
  • Awards
    • Great Lakes Bookstore of the Year
    • Heartland Booksellers Award >
      • Nominations
    • Voice of the Heartland >
      • Past Winners
  • Bookseller Resources
    • Tim Smith Educational Travel Scholarship
    • ABA Resources
    • Amazon Instructions Poster
    • Bookstore Map Artwork and Shirts
    • Publisher Promotions
    • Publisher Imprint Graphics
    • Rep List
    • Publisher Social Media
    • Reporting Your Sales
    • New York Trip
    • CHILOVEBOOKS
    • Tools of the Trade
    • The Independent Bookseller
    • Associations and Organizations
    • Advocacy
    • Anti-Racism Resources
    • Covid-19 Resources
  • News
  • Publishers, Authors and Industry Affiliates Info
    • Advertise with GLIBA
    • MIPA
    • Bookseller ARC Requests and Preferred Reading Genres
    • For Authors
  • YouTube Channel
  • Past Holiday Catalogs
    • Holiday Catalog 2022 >
      • Holiday Catalog 2022 for Publishers
    • Holiday Catalog 2021
    • Holiday Catalog 2020
    • Holiday Catalog 2019
  • About
  • Holiday Catalog
    • Holiday Catalog for Bookstores
    • Order Holiday Catalogs
    • Holiday Catalog for Publishers