-
What is the We're All In For Wisconsin Restaurants program?
We're All in For Wisconsin Restaurants makes $45 million dollars in CARES Act funding available primarily to restaurants and other targeted businesses that have suffered economic damages from the COVID-19 pandemic and that reported total sales between $1 million and $7 million in 2019. Grants of up to $20,000 will be awarded to qualifying businesses.
-
Who is eligible for a We're All In For Wisconsin Restaurants grant?
The following criteria are used:
- The primary business activity based on the North American Industry Classification System (NAICS) code begins with digits 722, 713, or 312 if the business has a brewpub permit with DOR.
- Total sales of more than $1,000,000 but less than $7,000,000 reported on 2019 sales tax returns. Total sales figures were derived from Form ST-12, Line 1.
- Sales tax account is active.
- The business suffered economic damages in 2020 from the COVID-19 pandemic.
- The owner or business must not be on one of the following lists:
-
What is the process for receiving a We're All In For Restaurants grant?
- Pre-qualified applicants have been identified using DOR records.
- Pre-qualified applicants will receive a secure email on December 11, 2020 through DOR's My Tax Account requesting they confirm their eligibility in their businesses' My Tax Account through a short, online confirmation page. Businesses not currently registered for My Tax Account will receive a phone call from the Department of Revenue (DOR).
- Applicants
must respond to DOR's inquiry no later than 4:00 PM on December 18, 2020. No late confirmations will be accepted.
- DOR will distribute grants no later than December 30, 2020.
-
How much are awards for the We're All In For Wisconsin Restaurants grants?
Most qualified grantees will receive $20,000.
-
Are grants from the We're All In For Wisconsin Restaurants program considered taxable income?
Income from the program is included in federal income pursuant to sec.
61 of the Internal Revenue Code, unless an exemption applies.
For Wisconsin, this income should be excluded from federal adjusted gross income by making a subtraction modification on the appropriate line of the tax return. Expenses paid for with the program and deducted in the computation of federal adjusted gross income are not required to be added back on the Wisconsin return. Taxpayers should amend their Wisconsin returns if they have already filed and included these amounts in income.
-
When will I receive my We're All In For Wisconsin Restaurants grant?
DOR will distribute grants no later than December 30, 2020