Crisis Management

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During the coronavirus pandemic, thieves and scammers are bound to work at getting their hands on the federal stimulus money that’s coming to many citizens soon. Stimulus checks should arrive under these general guidelines:

  • $1,200 to individual taxpayers making less than $75,000
  • $2,400 for married couples filing jointly and earning less than $150,000 combined
  • $500 per qualifying child younger than 17

Dealers can help their employees and families avoid scammers by giving each team member a copy of these eight recommendations from Ohio Attorney General Dave Yost:

  1. You DO NOT have to sign up anywhere to get your federal payment.
  2. DO NOT respond to any claims that you must pay something. There is no payment to make.
  3. AVOID anyone saying they can get you an instant check or speed up the process.
  4. NEVER provide personal information or pay a “processing fee” to receive a quicker payment.5. DO NOT click on links or download any attachments without verifying the source. Doing so could draw malicious software designed to steal your personal information or lock your computer until you pay a ransom.
  5. The government WILL NEVER call you asking for your Social Security number, or credit card or bank account information. Same applies to PayPal. Payments are made through direct deposit or mailed check, depending on your last federal income tax filing.
  6. It could be A SCAM if you receive a stimulus check for an odd amount of money or if you are asked to verify the check online or over the phone.
  7. You SHOULD RECEIVE a mail notice confirming that your payment was sent and when. If you can’t locate the payment at that point, contact the Internal Revenue Service. For updates, go to the IRS website.

Governors urged to Back Fishing

Kudos to the American Sportfishing Association for working overtime to contact the governors in all 50 states, urging them to recognize the importance and value of maintaining access to waterways for anglers.

Closures and restrictions related to the COVID-19 pandemic are justifiably sweeping the country. The word “essential” has never had more meaning. ASA’s “Keep America Fishing” program is convincing state leaders that designating fishing as “essential” will keep fishing opportunities and the necessary related businesses open.

“In no way do we want to stand in the way of states’ efforts to limit the spread of COVID-19 and recognize that in certain cases fishing access restrictions are warranted,” says Mike Leonard, ASA vice president of government affairs. “Given that recreational fishing provides health benefits associated with being outdoors, and a source of food for many individuals, we support state efforts to maintain fishing opportunities while keeping physical distance, and to allow sportfishing businesses to stay open.”

So far, the appeals appear to be accepted in most states. Meanwhile, Keep America Fishing is monitoring state parks’ and fisheries’ agencies responses to the pandemic. Get updates on its website through an interactive map.

Paycheck Protection Program

The application process for the Paycheck Protection Program is set to open tomorrow, April 3, according to NMMA’s Currents newsletter. PPP is an initiative included in the $2 trillion economic relief bill that President Trump signed last week.

PPP authorizes nearly $350 billion in forgivable loans to businesses to pay up to eight weeks of payroll costs, including benefits. Moreover, funds can also be used to pay mortgage interest, rent and utilities. Click here to learn more.

Additional PPP information and the application process will be available tomorrow at this link.

NMMA is also helping industry stakeholders navigate the PPP application process, as well as the broader economic relief bill, by hosting a webinar Friday, April 3, from noon to 1 p.m. Eastern Time. You can register here.


NMMA Confirms Industry Growth

NMMA president Frank Hugelmeyer said the boating business grew 12 percent last year during yesterday’s virtual State of the Boating Industry address.

Newport Show Dates Announced

Organizers are planning for an in-person Golden Anniversary edition of the show Sept. 16-19.

Quick Hits: March 5, 2021

The National Association of Manufacturers names Brunswick Corp. CFO Ryan Gwillim to its Board of Directors.

Caught Red-Handed

Two commercial fishermen were jailed for possessing an illegal haul that included 100 undersized lobster tails, which is a felony. Also, fisheries management gets new funding.

Bennington Expands Operations

The pontoon builder plans to add jobs at its new facility in Elkhart County, Ind., and increase manufacturing output.

KVH Industries Names CFO

Longtime telecom financial executive Roger A. Kuebel assumes the position that COO Brent Bruun had held in an interim capacity.