In this article DIS SEAS CMCSA Disneyland and Universal Theme Parks set to reopen. Paul Rovere | Getty Images In March, Michael Afram’s transportation company had its best sales month since California closed down last year due to the pandemic. As the state loosened some of its coronavirus restrictions and vaccinations rates increased, Karmel Shuttle
Small Business
Korena Keys’ small business was hard hit when the pandemic first took hold last year. Her digital media firm, KeyMedia Solutions in Sioux Falls, South Dakota, saw its sales plummet 60% in May from the previous year. She was able to secure a loan from the Small Business Administration’s Paycheck Protection Program for $115,000 to
PeopleImages | E+ | Getty Images Some taxpayers still need to send money to Uncle Sam this April, even though the IRS extended the tax-filing season to May 17. Those who make estimated tax payments are still on the hook for their first quarterly levy, which is due on the original tax filing deadline of
The Anthem, a popular live music venue, displays a message of support on their marquee on April 3, 2020 in Washington, DC. Drew Angerer | Getty Images At The Independent in San Francisco, it’s been a long, dark year in the most literal sense. The music and comedy shows that filled the venue’s stage and
Small business closures across the U.S. and the world are creeping back toward their pandemic peaks, according to a report from Facebook and the Small Business Roundtable. “It continues to be a very painful time for small businesses,” John Stanford, co-executive director of the Small Business Roundtable, told CNBC’s “Worldwide Exchange” on Thursday. The report,
Customer Tamara Jenkins tries on a hat with Meeka Robinson Davis, owner of One-Of-A-Kind Hats, at the store in the Windsor Hills neighborhood of Los Angeles on Nov. 24, 2020. Patrick T. Fallon | AFP | Getty Images Small businesses are realizing they might not have much time to tap the Paycheck Protection Program as
SDI Productions | Getty Images 2020 brought forward a crucial national conversation centered on the need for companies – from Main Street to Wall Street – to look inward at hiring practices, employment policies, recruitment and other aspects of the employment process to expand opportunities for diversity, equity and inclusion. It seems every company in
Kiyoshi Hijiki | Moment | Getty Images Nearly 3 million more business owners claimed a 20% tax deduction on their income last year relative to the prior filing season, according to IRS data. Around 21.2 million returns claimed the “qualified business income” deduction during tax season last year, which reflected income for 2019. That’s an
In this article JPM WFC BAC A small business owner in Chinatown, San Francisco Source: CNBC The Senate on Thursday passed the PPP Extension Act of 2021 with overwhelming support, extending the deadline for the Paycheck Protection Program to May 31 from March 31. Passage of the PPP extension came about one week after the
President Joe Biden visits W.S. Jenks & Son, a Washington, D.C., hardware store that benefited from a Paycheck Protection Program loan, on March 9, 2021. Mandel Ngan | AFP | Getty Images The Senate on Thursday voted to extend the Small Business Administration’s Paycheck Protection Program just a week before it was slated to expire.
A small business owner in Chinatown, San Francisco Source: CNBC Beginning April 6, small businesses and non-profits can apply for up to 24 months of relief, with a maximum loan amount of $500,000, the Small Business Administration announced Wednesday. The previous limit for such businesses was six months, with a maximum loan amount of $150,000.
Patrice Washington started her career before graduating college. The USC grad became a real estate broker while juggling classes and homework during her senior year. After graduating in 2003, Washington opened her own boutique real estate and mortgage brokerage. She immediately had to hire employees to keep up with demand. By 2007, she had made
Maskot The IRS and Treasury Department have extended the tax-filing season, pushing the deadline to May 17 from April 15. The extension won’t help every taxpayer, however. That’s because it does not include estimated tax payments, which are still due April 15. Some taxpayers must make quarterly estimated tax payments throughout the year to avoid
Customer Tamara Jenkins tries on a hat with Meeka Robinson Davis, owner of One-Of-A-Kind Hats, as Davis’ daughter Chrstiana Davis looks on, at the store in the Windsor Hills neighborhood of Los Angeles, California, November 24, 2020. Patrick T. Fallon | AFP | Getty Images Small businesses got some good news on Tuesday, when the
Isabel Guzman, administrator of the U.S. Small Business Administration (SBA) nominee for U.S. President Joe Biden, is sworn in during a Senate Small Business and Entrepreneurship Committee confirmation hearing in Washington, D.C., on Wednesday, Feb. 3, 2021. Bill Leary | Bloomberg | Getty Images The Senate plans to confirm Isabel Guzman to head the Small
Matt Strickland, owner of Gourmeltz in Fredericksburg, Virginia, at his restaurant on Feb. 12, 2021. Strickland continues to operate his restaurant even though he said his license had been revoked by health officials for failing to comply with Covid-19 restrictions. Kevin Fogarty | Reuters For some of the smallest businesses that applied for forgivable loans
CNBC’s Jim Cramer said Monday he’s concerned about plans to further ease indoor dining restrictions in New York City, and he won’t accelerate May plans to reopen his Covid shuttered Brooklyn restaurant. Restaurants in the city will be able to expand to 50% occupancy starting Friday, up from the current policy of 25%. The move comes as
“Dungeons & Dragons, Anyone?” – Adam convinces Coach Mellor to let him be team captain in gym class. He betrays his friends by picking the jocks first, causing the two rivaling squads to battle it out with the game the nerds know best – Dungeons and Dragons! Byron Cohen | Walt Disney Television | Getty
Apiwan Borrikonratchata | iStock | Getty Images As the March 31 deadline for the Small Business Administration’s Paycheck Protection Program looms, a deal to extend it for two more months is in the works. On Thursday, a bipartisan group of lawmakers introduced the Paycheck Protection Program Extension Act, which would push the expiration date to
People order breakfast at Bill Smith’s Cafe, after Texas Governor Greg Abbott issued a rollback of coronavirus disease (COVID-19) restrictions in McKinney, Texas, March 10, 2021. Shelby Tauber | Reuters Since the World Health Organization declared the coronavirus a pandemic one year ago Thursday, new Yelp data showed nearly a half million businesses opened in