PPP Loans – New Guidance for Loans Under $50K, Clarification on Deadlines
For those whose Paycheck Protection Program (PPP) Loans were under $50,000, there’s some good news! On Friday, October 9, 2020, the SBA released a new Interim Final Rule and a new PPP Loan Forgiveness Application, Form 3508S, specifically for these loans. These loans are not receiving automatic forgiveness, but there are some simplifications, and some […]
The Overscheduled Life – and How to Avoid it
I love being busy. In fact, there is nothing much more energizing for me than a day of meeting with clients, and helping them achieve their goals. But I learned long ago that the next meeting tends to go a lot better if I’m not rushing headlong from the meeting before it. So, for quite […]
PPP Loans – Updated Guidance
It’s time for a new Paycheck Protection Program update courtesy of the SBA. On August 24, 2020, the U.S. Small Business Administration (SBA) and the U.S. Department of the Treasury issued a new interim final rule pertaining to owner-employee compensation and the eligibility of non-payroll expenses. The new guidelines state that an owner-employee in a […]
Unplug and Breathe
The coronavirus pandemic has forced most of us online to a greater degree than ever before. Many of our team members are working remotely, or have been, we hold client and staff meetings via Zoom and the new Microsoft application Teams. Our children, from kindergarten through post-graduate studies, have been schooled online; for many, this […]
Humble and Kind
I recently saw the official video of Tim McGraw’s song, Humble and Kind, and it blew me away. I loved it and immediately knew I wanted to write about it. It’s a simple lyric; most of the words are single-syllable. But the message is profound – wherever your life takes you, stay humble, be kind. McGraw’s […]
How Do You Make a Beautiful Day?
I’ll admit it – I wasn’t overly excited to see the film A Beautiful Day in the Neighborhood. But it was recommended to me by a good friend, and I figured it had to be worth watching. For those who don’t know, the film is based on the relationship which developed between Fred Rogers and Tom […]
Independence or Interdependence? It’s a False Choice!
This year our country celebrated its 244th birthday. As Abraham Lincoln put it, our nation was “conceived in liberty,” and I started thinking about liberty, independence, and what those words, those concepts, really mean as part of our lives. Some people take liberty and independence as an opportunity – even perhaps a requirement – to […]
What is Fellowship?
Fellowship. For centuries, it meant mutual commitment, mutual support, mutual striving toward the good. We retain that sense of the word, it’s true, but we’ve added a new definition as well – and one which has lost the sense of mutuality. A “fellowship” as something bestowed on an individual, not something experienced among people who […]
Guidance on Executive Order Regarding Social Security Taxes
Into the void created by Congress’ lack of progress on the next tranche of coronavirus economic relief, President Trump marched Saturday, August 8, 2020, with a slew of executive orders. One of these encourages employers to defer withholding of employees’ Social Security contributions, up to annualized wages of $104,000, beginning September 1, 2020 and ending […]
Serendipity
I was recently in Jackson Hole, Wyoming, taking my family out to dinner – or trying to. The restaurant we chose was unable to seat us outside; the idea of dining inside made me anxious, and we left. Trying to dissipate the anxiety, which I found lingered, we took a drive. Not to anywhere, we […]