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9 Apr 2020, 2:57 pm
Instituting a payroll tax holiday on employers and employees reduces federal revenues and increases the deficit (revenues minus expenses). [read post]
7 Apr 2020, 9:40 am
Among other things, the EESA established the Troubled Asset Relief Program (TARP), which authorized a $700 billion buy back of toxic assets and equity from banks and other financial institutions. [read post]
7 Apr 2020, 7:32 am
The goal is to help families while encouraging businesses to retain their employees during the crisis. [read post]
7 Apr 2020, 7:09 am
Institute for Health Metrics and Evaluations (IHME) COVID-19 Projections, COVID-19 projections assuming full social distancing through May 2020. [read post]
6 Apr 2020, 1:36 pm
.: The Carnegie Endowment for International Peace will hold a webinar on presidential leadership in times of crisis. [read post]
6 Apr 2020, 3:00 am
Cydney Posner’s recent blog about the Chief Accountant’s statement has a sidebar pointing out that while the new credit losses standard applies to any business that extends credit to customers, only financial institutions are exempt from compliance under the CARES Act – and those other businesses are going to face some significant compliance challenges during the current crisis. [read post]
4 Apr 2020, 5:49 pm
We have tried to circulate information that is not about Africa, but from people and institutions on the ground in Africa. [read post]
4 Apr 2020, 10:40 am
In the words of the SIGTARP: At the core of the [2008 financial] crisis was a pervasive culture at institutions of rampant risk taking and greed combined with significant unchecked power. [read post]
3 Apr 2020, 9:05 pm
An American Enterprise Institute report by Michael R. [read post]
3 Apr 2020, 3:59 pm
The Ordinance directs City staff to develop a strategy to work with banks and lenders to halt mortgage payments or foreclosures for individuals and landlords who have suffered severe loss of wages and income due to the health crisis. [read post]
3 Apr 2020, 3:44 pm
Some governments have instituted night curfews. [read post]
3 Apr 2020, 12:41 pm
Prepared and updated by Bob Coffield, Flaherty Sensabaugh Bonasso PLLCLAST UPDATED: 4/3/2020We all are working to adapt to the volatile and fluid nature of the changes brought on by the COVID-19 pandemic. [read post]
3 Apr 2020, 4:46 am
” Tax Credits – Employers are eligible for reimbursement of 100% of the amount paid under this emergency legislation through tax credits. [read post]
1 Apr 2020, 4:33 pm
You can check whether your financial institution is an SBA approved lender here. [read post]
1 Apr 2020, 10:25 am
Some governments have instituted night curfews. [read post]
1 Apr 2020, 9:37 am
Funding is accessed by application to participating lending institutions. [read post]
1 Apr 2020, 2:57 am
” [Naomi Lopez and Christina Sandefur, In Defense of Liberty (Goldwater Institute); Ronald Bailey; Jim Beck; earlier on off-label prescribing here, etc.] [read post]
31 Mar 2020, 7:44 pm
Reflecting legislative memories of financial institutions that used the government’s financial support in the 2008 crisis to buy back stock and/or dramatically increase CEO pay, those uses are forbidden for these loans. [read post]
31 Mar 2020, 4:31 am
However, the nature of the lender is relevant to determining the applicable income tax regime, because a 34 per cent tax rate on net income of non-bank lenders (absent a tax treaty provision) and a 40 per cent tax rate applies on net income of local financial institutions. [read post]
30 Mar 2020, 12:01 pm
Local banks/financial institutions will be the sources of the funds. [read post]
