Blog: Deciphering the CoronaVirus Relief Bill for PPP2 (Part 1)
Deciphering the CoronaVirus Relief Bill for PPP2 (Part I) Tax Deductibility of Expenses COVID-19 relief bill passed on December 27, 2020 provides the much-awaited pronouncement on treatment of expenses paid out of the forgiven portion of the Paycheck Protection Program (PPP) loan amount (Revenue ruling 2021-02 obsoletes Notice 2020-32 and Rev. Rul. 2020-27). The Act retroactively amends the CARES Act to provide that no amount is included in the gross income of a PPP participant by reason of forgiveness
SBA Stands Ready to Assist Texas Businesses and Residents Affected by the Severe Winter Storms
Virtual Recovery Centers to Open Tuesday, Feb. 23 EULIS – Low-interest federal disaster loans are now available to Texas businesses and residents as a result of President Biden’s major disaster declaration, U.S. Small Business Administration’s acting Administrator Tami L. Perriello announced. The declaration covers 77 Texas counties as a result of the severe winter storms that began on Feb. 11, 2021. See below for the list of declared counties. “SBA is strongly committed to providing Texas with
Blog: Texas, We Have a Problem
Texas, We Have a Problem Takeaways from this week’s snowpocolypse: One – snow is no longer pretty. Two – minus one is not an acceptable temperature no matter where you live. Three – ERCOT needs to get their you-know-what together. And four, every home should have a back-up generator. Growing up in Texas, I know how much havoc even a little snow can create. Back in the day when I was still a wee lad, one storm dumped six inches of snow topped off with a layer of ice. In 2011, people were injured by
Matchmaker, Matchmaker
Daphney Poyser’s Fern Connections wants to help LGBTQ singles find what they are looking for With Valentine’s Day fast approaching, the lion’s share of attention is focused on folks who are coupled and what they need to do to happily remain so. But what about the free agents among us — the singles? According to Bella DePaulo’s “Living Single” column in Psychology Today in August 2019, there were about 117.9 million adults, 18 and older, who were divorced or widowed or had been single all their lives.
Federal Reserve Bank of Dallas Predicts Texas Will Add 518,000 Jobs This Year
DALLAS (CBSDFW.COM) – Economists at the Federal Reserve Bank of Dallas predicted Friday that Texas will see 4.2% job growth this year, which amounts to the state adding 518,000 jobs. “Which is quite strong,” said Keith Phillips, assistant vice president and senior economist at the Federal Reserve Bank of Dallas. He said, “But even at 4.2%, we’re going to be slightly below pre-pandemic jobs so we won’t catch up to where we were prior to the pandemic.” Phillips said the COVID-19 vaccine will help drive
Blog - LGBTQ Workers and Retirement: Problems and Solutions
LGBTQ workers and retirement: Problems and solutions By Shelly Gigante Shelly Gigante specializes in personal finance issues. Her work has appeared in a variety of publications and news websites. Posted on Jun 12, 2018 Working Americans and families who identify as LGBTQ may be less prepared for retirement and more worried about their finances than the general population, recent data suggest. However, they are also in a position to overcome the challenges and take control of their financial future