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December 30, 2020
Dec 30, 2020 Somersets Congressman Hal Rogers and Senate Majority Leader Mitch McConnell are usually on the same page. That didnt appear to be the case on Tuesday. On Sunday, Rogers and the House voted for a bipartisan COVID relief and federal funding bill to avoid a government shutdown. The House on Monday night then voted in support of an amendment requested by President Trump that would increase the COVID stimulus checks from $600 to $2,000 per person. However on Tuesday, McConnell was in no...
December 30, 2020
Tens of millions in PPP loans given to Buffalo-area colleges, private schools More than $10 million in PPP loans went to WNY colleges and universities, with millions more going to other educational institutions. Credit: Getty Images/iStockphoto Published: 12:40 PM EST December 30, 2020 Updated: 12:40 PM EST December 30, 2020 BUFFALO, N.Y. — More than $10 million in PPP loans went to WNY colleges and universities, with millions more going to other educational...
December 30, 2020
Tuesday, December 29, 2020 For employers, there are two key elements of the stimulus package that you should be aware of: Unemployment Insurance (UI) The package provides that individuals receiving unemployment benefits will receive an additional $300 per week in federal UI benefits for up to 11 weeks through March 14, 2021. As you may recall, the Coronavirus Aid, Relief, and Economic Security Act (more familiarly known as the CARES Act) provided recipients of state unemployment ben...
December 30, 2020
Area arts venues say federal aid is vital Felix Ramirez, of Optimum Building Systems Inc., works in the Lebanon Opera House on Tuesday, Dec. 29, 2020, in Lebanon, N.H. During the COVID-19 pandemic shutdown, the performing arts venue is becoming more energy efficient with additional insulation in the walls. ( Valley News - Jennifer Hauck) Copyright Valley News. May not be reprinted or used online without permission. Send requests to permission@vnews.com. Abraham Xum, of Optimum Building Systems ...
December 30, 2020
RALEIGH – The new pandemic relief package signed into law by President Trump on Sunday night includes a new round of Payroll Protection Plan funding – $284 billion – and other help for small businesses. But there are significant changes from the PPP plan launched earlier this year than led to some $12 billion in funding for companies and other entities across North Carolina. Providing an in-depth look at this new program at the request of WRAL TechWire is Peter Gwaltney, CEO of the North ...
December 30, 2020
A tough year behind, Marconi has hopes for 2021 in Ridgefield Macklin Reid FacebookTwitterEmail First Selectman Rudy Marconi is an advocate of mask wearing. Most Ridgefielders do it, he says.Macklin Reid / Hears Connecticut Media With Ridgefield’s plans and projects — as well as his own life and health — disrupted by the COVID-19, First Selectman Rudy Marconi paused to reflect on the year ahead, 2021, and can’t help but see it in relation to the pandemic that cast a long dark shadow ove...
December 30, 2020
To embed, copy and paste the code into your website or blog: On Sunday, December 27, 2020, the President signed into law the Consolidated Appropriations Act, 2021 (“Act”). Within the Act there are a number of provisions that affect current and future Payroll Protection Program (“PPP”) loan provisions that we highlight here. Expense Deductibility is Finally Allowed. In a much-anticipated clarification, the Act specifies that expenses paid with the proceeds of a PPP loan that is forgiven ...
December 30, 2020
To embed, copy and paste the code into your website or blog: As 2020 comes to an end and we seek to close the books on what can only be described as an unprecedented, exhausting year, many employers are wondering what happens to the COVID-19-related benefits provided through the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act and Families First Coronavirus Relief Act (“FFCRA”), some of which have either already expired or are due to sunset on December 31st. While the fate o...
December 29, 2020
Kyle McReddie stares at Brian Martin during a break-up scene in “The Morrissey Plays” at PianoFight in San Francisco. Photo: Gabrielle Lurie, Special to The Chronicle 2016 Among the industry’s hurdles were educating both lawmakers and the larger public about the unique challenges arts and entertainment faces and explaining how existing pandemic relief programs at least partly shut them out. National Independent Venue Association, which formed in the early days of the coronavirus outbreak ...
December 29, 2020
The first stimulus on paper anyway was at least worthy of the name.