Rob Sarnes There’s the PEUC which will give you another 13 weeks of unemployment if you’ve reached unemployment benefits in your state. This is just for your typical unemployment benefit and not the $600 kicker: https://wdr.doleta.gov/directives/attach/UIPL/UIPL_17-20.pdf You separate the…
PPP maximum loan amount for self-employed (1040 Schedule C Line 31)
Been reading on reddit in the small business subreddit and people seem to be confused on how to calculate the maximum loan amount for the PPP (Paycheck Protection Program). https://about.bankofamerica.com/promo/assistance/latest-updates-from-bank-of-america-coronavirus/small-business-assistance?cm_sp=EBZ-BAC-Announcement-_-BACAnnouncement-_-AMT2QG7J01_SB_SuperHighlights_SBCares_SHL_sbCaresAssistSBShlCta And here is the link to the guidance from US…
Do the rich really need a tax break during covid-19 via CARES Act?
Fine times, we are living in. People making $200k or $1M really need tax relief right now? https://qz.com/1854006/congress-faces-fury-over-cares-act-tax-breaks-for-the-rich/ He and Doggett, both members of the nonpartisan Joint Committee on Taxation (JCT), asked for an analysis of the tax breaks after…
What to do about contact tracing as covid-19 wanes?
We don’t have enough contact tracers to meet the demand. Considering how our government is not to be trusted with our personal data (e.g. Edward Snowden, NSA Prism), digital contact tracing is a hard sell. 1-on-1 contact tracing is acceptable…
2020 Economic Stimulus Payment Mishaps
2020 Coronavirus Economic Stimulus (USA) payment mishaps ABC11 in Durham, NC is reporting some mishaps with the initial set of direct deposits for the 2020 Coronavirus Economic Stimulus Bill. Each adult is eligible to receive up to $1,200 USD and…
Coronavirus (covid-19) return to work
My response to Should we let people die and open up the economy? Let’s say you a founder of a startup. If you die because of covid-19 (the 244k people you mentioned) what happens to that company? It will either…