economic stimuls

Small Business Owners Share Stories About the Devastation of COVID-19 Crisis

CPA Practice Adviser May 12, 2020 During the roundtable, business owners shared their experiences trying to obtain PPP loans to help them keep employees on payroll, and expressed frustration with how the administration’s implementation of the program has made loans difficult to … Zoom screenshot of virtual roundtable. Businesses for…

Businesses for Responsible Tax Reform Representatives Ask Speaker Pelosi to Keep Focus on Small Business During Virtual Roundtable on COVID-19 Crisis

FOR IMMEDIATE RELEASE BRTR co-chairs say that with help small business can lead country back to prosperity; ask Speaker to create no-strings-attached small business grants, rollback PPP tax hit from IRS Notice 2020-32 and extend PPP loan forgiveness period WASHINGTON, DC, May 5, 2020–Representatives from Businesses for Responsible Tax Reform…

Kiawah Island community association gets $1M coronavirus loan from federal government

Charleston Post and Courier April 29, 2020 By Andrew Brown An association for property owners on wealthy Kiawah Island obtained a $1 million forgivable loan from the federal government as small businesses throughout South Carolina struggle to access the same emergency financing amid the COVID-19 pandemic. The Kiawah Island Community…

Small Business Group: Plan to lend $500 billion to corporations is unconscionable

FOR IMMEDIATE RELEASE Media Contact: Conan Knoll conan@emcstrategies.com (831) 524-6764 Statement by Frank Knapp, Jr. co-chair of Businesses for Responsible Tax Reform and President & CEO of the South Carolina Small Business Chamber of Commerce Washington, D.C., April 28, 2020—It’s unconscionable that policymakers are orchestrating pumping $500 billion in loans to large…

SC green-lights unemployment pay for jobless contractors, gig workers, self-employed

The State April 24, 2020 BY ISABELLA CUETO Gig workers, self-employed workers, contractors and other South Carolinians will soon begin receiving emergency unemployment benefits, the Department of Employment and Workforce announced Friday. DEW will begin accepting applications for the Pandemic Unemployment Assistance program as of April 25, nearly a month…

Small Business Group: Administration Must Rewrite PPP Guidelines to Ensure Funds go to Main Street Small Businesses

OR IMMEDIATE RELEASE Media Contact: Conan Knoll conan@emcstrategies.com (831) 524-6764 Statement from Frank Knapp, Jr., co-chair of Businesses for Responsible Tax Reform (BRTR) and CEO of the South Carolina Small Business Chamber of Commerce on reports out this week showing 150 public companies received nearly $600 million in Paycheck Protection…