Last updated: Monday, August 17, 2020 @ 7:20 AM Pacific
IBPA knows our members are feeling the effects of the coronavirus on their businesses and personal lives and that there will be repercussions for months to come. It’s during difficult times like these that we’re most proud to be part of an independent
publishing community that leans in to help one another.
IBPA is committed to providing as many resources as possible to independent publisher members. This page will be updated with new information as available. IBPA members should send resources they'd like to see posted here to IBPA CEO Angela Bole at firstname.lastname@example.org.
to IBPA podcast host Peter Goodman discuss new realities in book publishing in the post-COVID world. (May 28, 2020)
to IBPA podcast host Peter Goodman discuss virtual author events and other strategies for building online communities with Maria Dismondy of Cardinal Rule Press. (May 14, 2020)
to BookBaby discuss indie publishing in the time of COVID-19 with IBPA director of marketing and programming Lee Wind.
(April 6, 2020)
to IBPA podcast host Peter Goodman discuss how special bonds will get us through these tough times with
Laura Stanfill of Forest Avenue Press. (April 1, 2020)
Listen to CCC's Beyond the Book
discuss "Publishing and the Pandemic" with with Hugo Setzer, Piero Attanasio, Olivia Snaije, and Javier Celaya. (March 30, 2020)
to IBPA podcast host Peter Goodman discuss first impressions of the impact of COVID-19 with John Mutter of Shelf Awareness. (March 26, 2020)
Opportunities for Connecting Online:
- To access additional Roundtable discussions click here
Opportunities for Discussing Online:
Opportunities for Legal Assistance:
- The Lawyers for Good Government Foundation (L4GG) has launched a Small Business Remote Legal Clinic,
offering pro bono legal consultations for small business owners to help them understand and act upon the options available under the COVID-19 stimulus package and other grant and loan programs that may be available to them. (March 31, 2020)
Opportunities for Financial Assistance:
- Coronavirus Aid, Relief, and Economic Security (CARES) Act
- Paycheck Protection Program (PPP)
- U.S. Chamber of Commerce Paycheck Protection Program Guide & Checklist (March 31, 2020)
- Treasury Department Paycheck Protection Program Information Sheet (April 2, 2020)
- As of April 15th, the $350 billion Paycheck Protection Program is out of money. There is currently a stalemate in Congress on how to pass new funding. See section on CARES 2 below.
- If you have been approved for Paycheck Protection Program funding the next step is obtaining a full understanding of the forgiveness. Additional guidance is still required from the SBA. Take the time to read this article from Forbes.com (April
15, 2020) so you're aware of the possible roadblocks for full forgiveness. Here are some article highlights:
- Costs incurred and payments made? What does it mean?
- What does covered periods mean?
- Are payments with forgiven funds deductible?
- Can self-employed taxpayers have mortgage interest/rent/utilities forgiven?
- Is payroll cost based on gross wages or gross wages less federal income tax withholding, FICA and Social Security?
- How is the forgiveness calculated if the number of employees has been reduced?
- How is the forgiveness calculated if salaries have been reduced by greater than 25%?
- Additional PPP data to be made public (June 23, 2020)
- To “ensure that the interests of both transparency and protections for small businesses are served,” SBA and the Treasury have announced that they’ll be disclosing Paycheck Protection Program (PPP) data such as business names and types, jobs supported, and loan amounts (within certain defined ranges). They also released a new report of PPP data disclosed as of June 20, 2020.
- Congress passes short-term extension of PPP (July 2, 2020)
- Economic Injury Disaster Loans (EIDL)
- Get caught up on the EIDL program, now accepting new applications (June 23, 2020)
- After restricting new applications for a time to only U.S. agricultural businesses, SBA is now once again taking new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications from all eligible small businesses, and processing applications submitted before the portal closed April 15. Read our updated guide to the EIDL program and how to qualify and apply, plus new information from SBA on refinancing EIDL loans with PPP loan proceeds.
- CARES 2 and/or COVID-4
- As of April 14th, House, Senate, and Administration leadership are negotiating a potential interim bill to increase funding for the Paycheck Protection Progarm (PPP) ahead of the next major package, which is commonly referred to as CARES 2 and/or COVID-4.
It is possible any interim funding ahead of the next major package would simply add funds to the PPP and not expand eligibility.
- Congress isn’t scheduled to return to Capitol Hill until April 20th at the earliest, but discussions about the next bill are underway. According to vox.com (April
3, 2020), some of things under consideration for the new bill include:
- Extending expanded unemployment insurance
- Hazard pay for health care and essential workers
- Expanded OSHA regulations for health care and other essential workers
- More direct payments to Americans
- Expanded health care access
- On April 14th, Congress extended its recess until May 4th "to avoid transmitting coronavirus and practice
social distancing, decisions that mean the House and Senate will continue operating in skeleton form for at least three more weeks." (April 14, 2020)
- On April 21st, the Senate passed a $484 billion bill to replenish the PPP and boost spending
for hospitals and coronavirus testing. The House plans to vote on the bill on the April 23rd.
- On April 24th, the House also passed the $484 billion in additional funding and President Trump signed the new relief package into law.
- Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act
- On May 12th, Democrats in the House of Representatives released a proposal for the next phase of major COVID-19 relief legislation
– the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act.
- Following are a few provisions, among many, included in the over $3 trillion relief package:
- The covered period for PPP loans would be extended to December 31, 2020;
- PPP funds could be stretched over 24 weeks instead of the eight weeks originally passed in the CARES Act;
- Businesses and organizations that receive PPP loans would be allowed to defer payroll tax payments;
- Coordination between the PPP and Employee Retention Tax Credit would be improved to “ensure borrowers can take advantage of both types of assistance;” and
- The legislation would direct the Federal Reserve to create a nonprofit-specific program within the Main Street Lending Program.
- On May 15th, the House of Representatives passed the HEROES Act. The relief package is now being considered by the Senate with Senate Republications largely unsupportive.
The Senate is likely to vote on the relief package in late June or early July 2020.
- On August 13th, ASAE reported that the majority of senators have headed home and the House is in recess until September 14th, leading to speculation that a deal won’t be reached before end of September at the earliest.
- Deferment and forbearance on bank-issued business loans.
- Search for your bank on the American Bankers Association’s ongoing A-Z list of coronavirus response programs.
- State and local COVID-19 small business assistance.
Opportunities for Helping Others:
- Indie Publishers, Booksellers Waiting for CARES Act Relief (April
20, 2020 - Publishers Weekly)
- BISG Examines Publishing Supply Chain During Covid-19 (April 10, 2020)
- Follett Corporation/Baker & Taylor Deferring Supplier Payments (April 1, 2020)
- Amazon Continuing to Prioritize Products into Fulfillment Centers (April 1, 2020)
- Ingram Content Group's "8 Tips to Help Publishers Weather COVID-19" (March 25, 2020)
- Shipping Delays Hit Books, Other Products, at Amazon (March
24, 2020 - Publishers Weekly)
- Ingram Vows to Defend Industry Through Crisis (March 23, 2020
- Publishers Weekly)
- IBPA Members Share Tips to Weather the Effects of the Coronavirus (March 19, 2020)
- Amazon Temporarily Prioritizing Products Coming into Fulfillment Centers (March 17,
2020 - Publishers Weekly)
- The World of Books Braces for a Newly Ominous Future (March 16, 2020 - The New York Times)
- Special Offers and Discounts Compiled by Publishers Weekly (Updated
- COVID-19 Impact Listing Complied by Publishers Weekly:
Cancellations, Closings, Policy Changes, and More (Updated periodically)
Industry Partner Notices:
- BookBaby -- (Member Benefit). Open and operational; considered an “essential
service.” (March 24, 2020)
- Color House Graphics, Inc. Production is continuing; orders will be produced and shipped as scheduled. (March 25, 2020)
- Dell Computers -- (Member Benefit). Equipping
publishers with necessary equipment to work remote. (March 24, 2020)
- Foreword Reviews -- (Multiple Member Benefits). Business continues,
virtual staff. Email review copies. Updates posted on website. (March 23, 2020)
- FSB Associates. Operating as normal. (March 25, 2020)
- HF Group. Closed from March 20th to April 6th. (March 20, 2020)
- Ingram Content Group -- (Member Benefit). Considered "essential
services;" the company is continuing operations. (March 22, 2020)
- ListenUp Audiobooks. Taking precautions prescribed by CDC; expect no interruptions in service. (March 23, 2020)
- NetGalley -- (Member Benefit). Service is uninterrupted; here to support
with a practical digital solution. (March 23, 2020)
- Publishers Weekly -- (Member Benefit). Offering free access
to the digital edition of Publishers Weekly starting with the March 16th issue. (April 10, 2020)
- PubSite. Operating as normal. (March 25, 2020)
- Sheridan. Open and operational; considered an “essential service.” (March 24, 2020)
- Smashwords. Fully functional; staff working from home. (March 24, 2020)
- Technica Editorial Services. Fully operational; staff successfully
transitioned to remote work. (March 25, 2020)
- TLC Book Design. Open and offering a special book design package. (March 23, 2020)
- Total Printing Systems -- (Member Benefit). Operating with precautions and
ready to meet printing needs without disruption. (March 23, 2020)
- Written Word Media. Fully operational with all staff working from home. (March 23, 2020)
- XEditPro. Offering free and at-home access to their online publishing solution. (March 30, 2020)