Page 81 - Payroll Protection Program News Today

By Staff Restaurant owners in the coming weeks will be able to apply for the Restaurant Revitalization Fund, set up with $28.6 billion from the American Rescue Plan, but the Small Business Administration wants to make sure that it reaches a diverse population of business owners. Groundwork for the application launch — a date hasnt yet been set — is being rolled out in order to increase outreach and training and make sure there arent technical issues. The SBA said that the pr...

Deming and Luna County community calendar for Friday, April 9, 2021 Headlight staff reports Poet Laureate virtual reading  The New Mexico Poet Laureate Program and Southwest Word Fiesta will be sponsoring Poetas del Sur, a virtual poetry reading by 20 poets from southern New Mexico, co-hosted by State Poet Laureate Levi Romero and Silver City Poet Laureate Eve West Bessier. This free event will take place via Zoom at 3 p.m. on Sunday, April 11.  Follow on Zoom. To register, visi...

Updated: 4:27 PM EDT Apr 16, 2021 The Associated Press RELATED VIDEO: Paycheck Protection Program (PPP) delivers millions to local businesses in July 2020The state House on Thursday overwhelmingly backed legislation that would give additional state tax breaks to businesses that took federal loans to weather the COVID-19 pandemic. But the Senate isn’t yet fully on board with the idea, which comes with a hefty price tag.Supporters of the House measure, including Republica...

Yves here. In addition to Wolf’s caveats about the possible less than upstanding reasons for a spike in the number of new businesses, keep in mind that 90% of new businesses fail in the first three years. So while this is good news about the potential for recovery, don’t underestimate the amount of attrition. Although I did not follow new business formation in the old normal, my recollection is one of the reasons for the high propensity to failure was that a lot of the new businesses were r...

Restaurant owner, customers react to pair allegedly defrauding Payroll Protection Program The U.S Attorneys Office charged the pair with bank fraud and money laundering for allegedly defrauding PPP nearly $300,000. Author: Peggy Lee Updated: 10:34 PM EDT April 15, 2021 BLOOMSBURG, Pa. — As restaurants and bars in Bloomsburg continue to struggle through the pandemic, many of these owners filed for the federal governments Payroll Protection Program, or PPP, to pa...

Share this article Share this article CHESTNUT RIDGE, N.Y., April 16, 2021 /PRNewswire/ -- BioHiTech Global, Inc. ("BioHiTech" or the "Company") (NASDAQ: BHTG), a sustainable technology and services company, today announces financial results for its fiscal year ending December 31, 2020. Q4 and Fiscal Year 2020 Financial Highlights Fourth quarter equipment sales were $1,661,655 representing a sequential growth of 460% quarter over the third quarter of 2020 Total Revenues of $5,878,653 for the...

Lawmakers introduce bill to reduce tax burden on NC small businesses ahead of filing deadline Lucille Sherman and Drew Jackson, The News & Observer (Raleigh, N.C.) Apr. 16—RALEIGH — North Carolina business owners who received an extra boost from the federal government during the pandemic would not have to pay additional taxes on the items they paid for with those loans under a bill proposed in the state legislature. North Carolina is one of only three states that tax expense...

However, it is never too early to think about future tax filings. They will not get any easier going forward. The combination of past tax policy changes, sunset provisions on many of those changes, special pandemic tax rules and the guarantee of new rules from the Biden administration will make future tax preparation just as challenging as it has been this year. "After the last two years and the election, people need to think about a long-term taxable income plan and what it will look like over...

Grand Rapids Business Journal Restaurant and small business owners lean on Hispanic chamber program for guidance, growth and expansion. Courtesy Transformando West Michigan After taking a break during the craziness that was 2020, Transformando West Michigan returned this year with a new round of classes for its participants. The business training program founded and led by the West Michigan Hispanic Chamber of Commerce and underwritten this time around by Bank of America and Huntington Bank wil...

Promising excitement, access and helpful hints for aspiring entrepreneurs, Wahlberg wants to welcome said “fans” into his personal life through the auspices of a flummoxed film crew chronicling his ability to balance acting with his portfolio of side businesses, ranging from Municipal apparel and F-45 fitness studios to his entertainment production company, Unrealistic Ideas (makers of “Wahl Street”), and his admittedly faltering Wahlburgers franchises. And to add to this shameless self...