PPP FAQs (Paycheck Protection Act Frequently Asked Questions)

PPP FAQs (Paycheck Protection Act Frequently Asked Questions)

PPP FAQs (Paycheck Protection Act Frequently Asked Questions) PPP FAQs (Paycheck Protection Act Frequently Asked Questions).  Since the announcement of the Coronavirus Aid, Relief, and Economic Security ACT (CARES Act), it has sparked both interest and confusion amongst all those considering taking advantage of its benefits.  Particularly the Paycheck Protection program, or PPP.  In an…

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What Topics Should One Avoid While At Work?

What Topics Should One Avoid While At Work?

Topics to Avoid at Work Have you ever been around a person who feels like he or she needs to tell you everything about themselves? Someone who reveals way too much personal information, can make others feel uncomfortable. We all have many sides to our lives and our personalities, and some people are more open…

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Is Philanthropy Good for Capitalism?

Is Philanthropy Good for Capitalism?

Is Philanthropy good for capitalism? In 2013 Zoltan J. Acs wrote the book Why Philanthropy matters.  It explores the benefits of Philanthropy on the US economy; “…philanthropy as an underappreciated force in capitalism, measures its critical influence on the free-market system, and demonstrates how American philanthropy could serve as a model for the productive reinvestment…

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The Tax Side of Dealing in Collector Cars

The Tax Side of Dealing in Collector Cars

The tax side of dealing in collector cars can be quite interesting.  Are you a collector? People collect all kinds of different things, including stamps, art, sports cards, jewelry, coins and cars to name just a few. Speaking of collectors, collectibles can be a great hobby but they can also draw the attention of the…

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Life Built Upon Pillars – The Venice Life-Structure

Life Built Upon Pillars - The Venice Life-Structure

Is your life built upon pillars? Will your future wealth be dependent on today’s income? As always, it depends! It depends on so many factors that even tomorrow can be a game changer in either a wealthier direction or into a more uncomfortable financial situation. Therefore, it is important to have a strong structure from…

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Why I Will be Better in 2021

Why I will be better in 2021

Why I will be better in 2021 and 2022.  Every year, millions of New Year’s resolutions are made on January 1st, and like mine, many of them never make it past January 31st.  But this year I want to be better: better at setting goals and better at reaching them.  In 2020 I learned a…

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Clarification of Tax Treatment of Covered Loan Forgiveness

Clarification of Tax treatment

Clarification of Tax Treatment of Covered Loan Forgiveness CARES Act Sec. 1102 provides that a recipient of a PPP loan may use the loan proceeds to pay payroll costs, certain employee benefits relating to healthcare, interest on mortgage obligations, rent, utilities, and interest on any other existing debt obligations. If a PPP loan recipient uses…

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The Four Commitments of a Winning Team

The Four Commitments of a winning Team

The four commitments of a winning team as told by Mark Eaton.  Mark made it from a 19 year old auto mechanic to a 7′4″ NBA All-Star, who still holds 2 NBA records and played with the Utah Jazz for 12 seasons, he discovered the simple commitments that teams need to perfectly synchronize and become…

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Thanksgiving Week & Gratitude

Thanksgiving week and gratitude

Thanksgiving week and gratitude Thanksgiving is one of my favorite times of the year because it helps me to remember the many things I have to be grateful for: my family, relatively good health, friends, job, religious freedoms (I should probably use more often), and too many other blessings to list. Not to mention the Thanksgiving…

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