Jovita Carranza, head of the Small Business Administration, listens during a round table with governors and small business owners. Alex Wong / Getty Images Millions of small businesses have received federal aid to help weather the recession caused by the coronavirus pandemic. Despite that relief, many do not expect to …
Read More »Trump says a second round of $ 1,200 stimulus checks could occur
United States President Donald Trump signs HR 748, the CARES Act in the Oval Office of the White House on March 27, 2020 in Washington, DC. Erin Schaff | fake pictures A political struggle is brewing on Capitol Hill over what the next coronavirus stimulus package will be like. But …
Read More »14% of companies expect to fire workers after using PPP loans
A sign is seen in the window of a closed J.Crew store near Rockefeller Plaza on May 4, 2020 in New York City. ANGELA WEISS / AFP via Getty Images Approximately 14% of business owners who received a loan through the Paycheck Protection Program expect to fire workers once they …
Read More »How to avoid a big fiscal impact of your coronavirus unemployment benefit
[ad_1] Currently, more than 22 million Americans are collecting unemployment benefits, and that compensation is not free. Many unemployed workers have no idea that the benefit payments they receive in 2020 are taxable. So even those suffering a significant drop in total income due to a job loss this year …
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