Podcasts about paycheck protection program ppp

Chris exposes the staggering misuse of the Paycheck Protection Program (PPP) during COVID-19. From multimillionaire politicians like Gavin Newsom and Jim Justice to musicians like Lil Wayne and Chris Brown, Markowski highlights the massive fraud and mismanagement that turned a well-intentioned program into a free-for-all. Tune in to hear how taxpayers are footing the bill for luxury expenses, private jets, and more—and why this marks a new era of American fiscal irresponsibility. www.watchdogonwallstreet.com

In this episode of our podcast, we sit down with Brock Blake, the co-founder and CEO of Lendio, to discuss the incredible journey of his company during the COVID-19 pandemic and beyond. Brock shares how Lendio pivoted to help hundreds of thousands of small businesses access vital funding through the Paycheck Protection Program (PPP) and the challenges they faced along the way.We dive into the impact of the pandemic on small businesses, the importance of integrity in lending, and the innovative technology Lendio is using to streamline the loan process. Brock also discusses the company's exciting new SaaS products aimed at both lenders and borrowers, and how they are leveraging data to better serve the small business community.Join us as we explore Brock's insights on leadership, the entrepreneurial spirit in Utah, and the lessons he's learned over nearly two decades in the industry. Whether you're a small business owner, an aspiring entrepreneur, or just curious about the world of lending, this episode is packed with valuable information and inspiration.00:00 - Introduction and Overview of Lindio's Journey00:19 - Impact of COVID-19 on Lindio01:54 - Challenges and Sacrifices During the Pandemic02:35 - Survival Mode and Motivation03:49 - Navigating the CARES Act and Compliance05:14 - Fraud and Scams During the PPP07:20 - Comparing Fraud Levels Across States08:03 - Identity Verification and Technology Use11:02 - AI's Role in Lindio's Operations13:19 - Why Lindio is Not a Lender14:48 - Longevity in Leadership and Experience16:08 - Insights on the State of the Economy19:05 - Phase Two: New Products and Services25:09 - SBA Loan Processing Improvements25:47 - Traction with Bank Products26:50 - Motivation and Daily Routine30:03 - Leadership Lessons Learned31:11 - Utah's Unique Business Environment32:04 - Final Thoughts on Giving ChancesIf you enjoyed this video and want to support us please leave a LIKE, write a comment on this video and Share it with your friends. Subscribe to our channel on YouTube and click the icon for notifications when we add a new video. Let us know in the comments if you have any questions. Our website: https://www.siliconslopes.comShow Links: https://www.lendio.com/Social:Twitter - https://twitter.com/siliconslopesInstagram - https://www.instagram.com/siliconslopes/LinkedIn - https://www.linkedin.com/company/silicon-slopes/YouTube - https://www.youtube.com/channel/UC8aEtQ1KJrWhJ3C2JnzXysw

Control Body Odor ANYWHERE with @lumedeodorant and get 15% off with promo code EDBQB at https://LumeDeodorant.com! #lumepod #adThe latest headlines in the Matthew Perry case state that the doctor taking a plea in the case is a Dr. Chavez, not Dr ‘P'. This is not new to the Law Nerds because as I broke down in The Emily Show podcast, Dr. Chavez is one of the three defendants who had already taken a plea deal. He made his first court appearance on August 30th and was allowed to remain out of custody on a $50K bond and may not practice medicine as a condition of his release.The ex-husband of Kyle Richards, Mauricio Umansky, is being sued over Paycheck Protection Program (PPP) loans taken during the COVID pandemic. The US is suing on behalf of Relator LLC., claiming the loan was taken under false pretenses as the company was not finanically struggling during that time and a jury trial is being requested.Kouri Richins had a preliminary hearing last week that lasted two days. The judge determined that there is probable cause to move forward with a jury trial. Richins pled not guilty and her trial is scheduled for May of 2025.Bryan Kohberger had a change of venue hearing last week, where the defense brought in their witnesses to explain the results of the surveys. The defense and prosecution had an opportunity to make their arguments to the Judge, and he took them into submission and will make a written ruling some time in the future.Karen Read, CF McCarthy's & The Waterfall Bar & Grill were sued for the wrongful death of John O'Keefe. The lawsuit was filed by John's brother Paul O'Keefe, his father John O'Keefe II and his mother Margaret O'Keefe, as well as additionally on behalf of his niece. I will monitor this civil lawsuit closely and provide updates in the future.RESOURCESPeople Magazine - https://people.com/tom-girardi-guilty-what-does-this-mean-for-erika-girardi-8704837Nightline - https://www.youtube.com/watch?v=J7qbFpsRKBIThis podcast uses the following third-party services for analysis: Spotify Ad Analytics - https://www.spotify.com/us/legal/ad-analytics-privacy-policy/Podscribe - https://podscribe.com/privacyChartable - https://chartable.com/privacy

The Paycheck Protection Program (PPP) was launched at the height of the COVID-19 pandemic in the hopes that it would keep businesses from laying off workers during government shutdown measures taken to contain the spread of the disease. Initial estimates of the direct impacts have been mixed, with some studies suggesting that the cost was hundreds of thousands of dollars per job saved. But a paper in the American Economic Journal: Economic Policy looked beyond the labor market at a second order effect showing a clear and positive benefit. Authors Sumit Agarwal, Brent W. Ambrose, Luis A. Lopez, Xue Xiao found that the PPP reduced mortgage delinquencies for commercial real estate by roughly $36 billion in 2020 and likely played an important role in averting wider distress in financial markets. Ambrose recently spoke with Tyler Smith about the impact of PPP loans on the commercial real estate market and ways in which the program could have been better targeted.

On today's program, new life breathed into a lawsuit against Dave Ramsey's company. A former employee claims he was fired for not sharing Ramsey's religious beliefs on how to handle the COVID-19 pandemic. We'll take a look at the court's latest ruling in the case. And, a Southern Baptist pastor in Florida faces a minimum sentence of life in prison without parole over harrowing child abuse allegations—but new state laws also mean the death penalty is on the table. Also, Andrew Wommack announces plans to pass the baton to new leadership at Charis Bible College in Colorado. But first, Gordon College was denied forgiveness on $7 million in COVID-era Paycheck Protection Program loans. It submitted an appeal, but in July a judge dismissed most of the college's claims. The producer for today's program is Jeff McIntosh.  We get database and other technical support from Stephen DuBarry, Rod Pitzer, and Casey Sudduth. Writers who contributed to today's program include Kim Roberts, Bob Smietana, Yonat Shimron, Kathryn Post, Tony Mator, Jessica Eturralde, Shannon Cuthrell, and Brittany Smith. Until next time, may God bless you.   FIRST SEGMENT Warren: Hello everybody. I'm Warren Smith, coming to you from Charlotte, North Carolina. Natasha: And I'm Natasha Cowden, coming to you from Denver, Colorado. And we'd like to welcome you to the MinistryWatch podcast. Warren: On today's program, new life breathed into a lawsuit against Dave Ramsey's company. A former employee claims he was fired for not sharing Ramsey's religious beliefs on how to handle the COVID-19 pandemic. We'll take a look at the court's latest ruling in the case. And, a Southern Baptist pastor in Florida faces a minimum sentence of life in prison without parole over harrowing child abuse allegations—but new state laws also mean the death penalty is on the table. Also, Andrew Wommack announces plans to pass the baton to new leadership at Charis Bible College in Colorado. Natasha: But first, Gordon College was denied forgiveness on $7 million in COVID-era Paycheck Protection Program loans. It submitted an appeal, but in July a judge dismissed most of the college's claims. Warren: Like many colleges and organizations in 2020, Gordon College received COVID relief funds as part of the Paycheck Protection Program (PPP). But when the Massachusetts-based college applied for forgiveness, the Small Business Administration (SBA) denied its request on the $7 million loan. Gordon then sued the SBA for violating its free exercise of religion, equal protection, and due process rights, along with violations of the Administrative Procedure Act. U.S. District Judge Beryl Howell in the District of Columbia dismissed most of the claims brought by Gordon College in a memorandum opinion issued in late July. In her opinion, Howell said the SBA had sought follow-up documentation from Gordon College because the “employee count” was “indicative of concern.” Natasha: How so? Warren: In April 2020, Gordon submitted its PPP application with 495.67 employees listed. It reached this number using the full-time equivalent method, which counts part-time employees as a fraction of an employee. A spokesperson for the college told MinistryWatch. “Gordon College followed the procedures given at the time of the loan application and most importantly, used these funds completely in the manner in which they were presented by the SBA: to avoid layoffs of employees and continue to provide them with a paycheck even though the College was forced to shut down operations for months in 2020,” Natasha: So what's the issue? Warren: The court recited that in later documents, the school “self-reported” 639 employees at the Massachusetts campus, which exceeded the maximum count of 500 employees allowed under the program. Gordon College told MinistryWatch that when it applied for loan forgiveness in July 2021,

On today's episode, we sit down with Sol Lax, the CEO of Revenued, to dive into the intricacies of small business lending. Lax shares his journey from managing Merchant Cash Advances (MCA) to leading Revenued, a company focused on providing financial solutions for small businesses, particularly those with subprime FICO scores. With a background rich in financial innovation and a keen understanding of small business needs, Lax offers insights into the challenges and opportunities in the subprime lending space. “Merchant Cash Advances (MCA) were a necessary but imperfect tool for small businesses,” Lax explains. “We saw an opportunity to create a more flexible and tailored financial product.” The Big Ideas Lax emphasizes the need for flexible financial products. “MCAs are too rigid,” he says. “Our Flex Line offers more controllable, predictable, and available capital.” The PPP era was instrumental in refining Revenued's operations. “Processing a million PPP loans taught us anti-fraud and scaling,” Lax recounts. Revenued is harnessing the power of data to provide actionable insights that help in decision making. “We can show small businesses how much they're spending on bank fees and help them find better options,” Lax explains. Lax acknowledges the difficulties in subprime lending but sees opportunities. “Subprime small businesses find it challenging to access credit,” he notes. “With a different credit perspective, we can make it happen for them.” Revenued is looking to expand its offerings through strategic partnerships. “We're partnering with companies to provide business insurance quotes and other services based on our data,” says Lax. Through the tumultuous times of the Paycheck Protection Program (PPP), Revenued pivoted and leveraged its platform to process over a million PPP loans. This experience honed their skills in anti-fraud measures and scaling operations, setting the stage for their current offerings. It's a candid conversation that you won't want to miss! Sol Lax is my guest today on the Tearsheet Podcast.

Discover the hidden underbelly of financial markets in today's episode featuring Professor John M. Griffin, a leading forensic finance expert and the James A. Elkins Centennial Chair in Finance at McCombs School of Business at the University of Texas at Austin. Tuning in, you'll learn how forensic finance exposes illicit activities in crypto markets, revealing how entities like Tether (a cryptocurrency pegged to the US dollar) facilitate scams and money laundering. We also delve into the disturbing world of pig butchering scams, which have stolen more than $75 billion from victims globally, and how the victims of these scams have helped John study the flow of illicit funds in crypto markets. Find out how John uncovered massive fraud in the Paycheck Protection Program during the COVID-19 pandemic, and how this exposed the central role of fintech lenders and social networks in spreading fraud. We also discuss the importance of rigorous academic research and its practical implications in uncovering financial fraud, emphasizing the need for robust oversight and transparency in both emerging and traditional financial systems. Tune in for a thought-provoking discussion that challenges established practices and calls for greater scrutiny in financial systems! Key Points From This Episode:   (0:05:23) An overview of John's research,  the definition of forensic finance, and what sets forensic finance research apart from more traditional finance papers. (0:09:55) The economics of pig butchering scams and how the victims of these scams help John study the flow of illicit funds in crypto markets. (0:14:42) How crypto exchanges fail to monitor for potential scammer activity. (0:18:44) The role of so-called legitimate crypto exchanges in criminal activity; why Tether (a cryptocurrency pegged to the US dollar) is the most important cryptocurrency in scam activity.  (0:21:43) Unpacking the $75 billion figure in John and Kevin Mei's paper on Pig Butchering and how it finances slavery; how this compares to fraud estimates from firms like Chainalysis. (0:26:25) How the methods in John and Kevin's paper can be used to improve the monitoring of crypto exchanges, and how the crypto community has responded to their paper. (0:29:14) An overview of John's paper on Tether with Amin Shams and how often fraud and misinformation are associated with asset price bubbles. (0:30:52) What Tether is, the difference between it being demand-driven or pulled, and supply-driven or pushed, and why Tether creators want to inflate the price of Bitcoin. (0:34:46) Decentralization in the crypto space and why decentralized finance is a misnomer, how to test whether Tether is pushed or pulled, and investigating Tether's relationship to Bitcoin. (0:35:56) How to test whether Tether is pushed or pulled; investigating Tether's relationship to Bitcoin and how it can be exploited by bad actors. (0:42:05) Tether's response to John's paper and why he tries not to listen to nay-sayers with vested interests. (0:46:10) John and his co-writers' findings on the prevalence of fraud in the Paycheck Protection Program (PPP) during the COVID-19 pandemic. (0:48:05) The role of fintech lenders and social networks in the propagation of PPP fraud and the impact PPP fraud had on real estate prices. (0:56:07) Policy implications and recommendations for future financial relief efforts. (0:59:47) John's personal journey and his profound definition of success.   Links From Today's Episode: Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://x.com/RationalRemind Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.caBenjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/  Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on X — https://x.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Prof. John M. Griffin — https://www.mccombs.utexas.edu/faculty-and-research/faculty-directory/john-griffin/ Episode 260: Prof. James Choi: Practical Finance — https://rationalreminder.ca/podcast/260   Papers From Today's Episode:    ‘Is Bitcoin Really Un-Tethered?' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3195066 ‘How Do Crypto Flows Finance Slavery? The Economics of Pig Butchering' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4742235  

MDJ Script/ Top Stories for July 2nd  Publish Date:  July 2nd      Commercial: From the Ingles Studio, Welcome to the Marietta Daily Journal Podcast.    Today is Tuesday, July 2nd and Happy 60th Birthday to MLB player Jose Canesco. ***07.02.24 – BIRTHDAY – JOSE CANSECO*** I'm Dan Radcliffe and here are the stories Cobb is talking about, presented by Credit Union of Georgia.  Top Spots to Celebrate Independence Day in Cobb County 2 Cobb Students Selected for Boys Nation in Washington Family of Hit-and-Run Kennesaw Victim Calls for Justice   All of this and more is coming up on the Marietta Daily Journal Podcast, and if you are looking for community news, we encourage you to listen and subscribe!    BREAK: CU of GA STORY 1: Where to Celebrate Independence Day in Cobb County July 3, Six Flags Over Georgia in Austell will feature nightly fireworks, while Kennesaw hosts "Salute to America" downtown with live music, food vendors, and a fireworks finale. Don't miss "Southern Spirits" at the Southern Museum, offering drinks, food, and fireworks viewing. On July 4, enjoy live music and fireworks at Acworth's Cauble Park starting at 5:30 p.m. Marietta's "4th in the Park" kicks off at 10 a.m. with a parade, concerts, and more. Finally, Powder Springs celebrates at Thurman Springs Park with live bands, activities, and a 9:30 p.m. fireworks show. For more details, visit the respective city websites STORY 2: 2 Cobb Students Selected for Boys Nation in Washington Two Cobb County students, Grant Pool and Benjamin Blackwood, have been chosen to represent Georgia at the 2024 American Legion Boys Nation in Washington D.C. This prestigious event educates rising seniors about federal government operations. Both boys participated in Georgia Boys State, learning local and state governance. Pool, aspiring to be a lawyer like his grandfather, focused on youth advocacy. Blackwood, inspired by family and TV, won roles including district attorney at Boys State. Their selections for Boys Nation were emotional for their families. The event includes mock campaigns, lectures, and meetings with senators and potentially the president. STORY 3: Family of Hit-and-Run Kennesaw Victim Calls for Justice The family of Ryan Ellis, a Kennesaw man struck in a hit-and-run while riding his bicycle, is seeking justice. Ellis, 57, was hit on Cobb Parkway and suffered serious injuries, requiring emergency brain surgery. He was just minutes from home and relied on biking or public transport. The family faces criticism on social media blaming Ellis for biking late. They're now gathered at his bedside as his condition worsens, planning to remove life support. The family plans to launch a GoFundMe for funeral costs. Ellis, a loving father and grandfather known for his musical passion and humor, is remembered fondly. Cobb Police are investigating, urging anyone with information to come forward. The family seeks accountability from the driver who fled the scene. We have opportunities for sponsors to get great engagement on these shows. Call 770.799.6810 for more info.    We'll be right back    Break: DRAKE STORY 4: Marietta Man Sentenced for COVID-19 Relief Scam John Gaines, a Marietta man, has been sentenced to five years and three months in prison for his role in a scheme to steal Paycheck Protection Program (PPP) funds during the COVID-19 pandemic. Gaines pleaded guilty to money laundering, admitting involvement in obtaining an $806,710 fraudulent PPP loan for a fictitious business, Gaines Reservation and Travel. The business had no employees or payroll expenses. Alongside two others, including Teldrin Foster and Carla Jackson, Gaines participated in a larger scheme that fraudulently obtained millions in PPP loans. In total, 23 individuals have been convicted and sentenced for their roles in the scheme, which exploited relief funds meant for struggling businesses. The case was investigated by the FBI and IRS. STORY 5: Man Injured in Stolen Vehicle Crash on Riverside Parkway An Atlanta man, Jamal Muhammad, sustained life-threatening injuries in a single-vehicle crash on I-20 near Riverside Parkway in Austell. Muhammad was evading police after driving a stolen car, initially spotted by a Fulton County officer on Fulton Industrial Boulevard. He fled onto I-20 westbound in the wrong direction and lost control near the Riverside Parkway northbound offramp in Cobb County. The vehicle struck a tree after spinning out on the grass shoulder. Muhammad was transported to Grady Hospital for treatment. Authorities urge anyone with information to contact Cobb County Police at 770-499-3987. We'll be back in a moment    Break: INGLES 1 STORY 6: Zoo Atlanta and Georgia Public Library Service Announce Updated Experience Pass The Georgia Public Library Service has updated the Zoo Atlanta Library Pass program, expanding it to all 410 public libraries statewide. Now, patrons can check out a physical pass, replacing the previous DVD-based system. Each pass includes a one-time use voucher for free admission to Zoo Atlanta, aligned with other Experience Pass programs. Due to its popularity, patrons may borrow the pass once per year, presenting both the pass and their library card at the zoo for entry. This initiative aims to provide educational wildlife experiences to all Georgians and has been highly utilized, circulating over 20,000 times in 2023. Zoo Atlanta's CEO highlighted the program's role in enhancing understanding of nature and making these experiences accessible statewide. STORY 7: Explore: A Special Exhibit of Wanderlust The Smyrna Arts Council and City of Smyrna have unveiled "Explore: A Special Exhibit of Wanderlust," running until September. Located at the Smyrna Community Center and City Hall, the exhibit features works by local artists Leigh Pursley and Becca McCoy. Pursley's abstract paintings in "Lean Into the Magic" reflect her outdoor adventures and connection with nature, aiding her in managing fibromyalgia. McCoy's photography spans two collections: "Extraordinary Lives | Sites | Times" showcases global travels, while "Urban Intersections" explores city influences from diverse locations. Curated by Leah Barnes, the exhibit highlights local artistry and offers residents a cultural experience. Visitors can view the exhibit during regular facility hours. Break: MARIETTA THEATRE SEVEN GUITARS   Signoff-   Thanks again for hanging out with us on today's Marietta Daily Journal Podcast. If you enjoy these shows, we encourage you to check out our other offerings, like the Cherokee Tribune Ledger Podcast, the Marietta Daily Journal, or the Community Podcast for Rockdale Newton and Morgan Counties. Read more about all our stories and get other great content at www.mdjonline.com/ Did you know over 50% of Americans listen to podcasts weekly? Giving you important news about our community and telling great stories are what we do. Make sure you join us for our next episode and be sure to share this podcast on social media with your friends and family. Add us to your Alexa Flash Briefing or your Google Home Briefing and be sure to like, follow, and subscribe wherever you get your podcasts. 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In this episode, we welcome back Sokha Kim, the President and Founder of Zen Solutions, to continue the conversation about his company's resurrection story and unpack how the Paycheck Protection Program (PPP) impacted the company's recovery. Zen Solutions is a leading IT services company specializing in a holistic approach to innovative and precise solutions. Kim is a seasoned professional, boasting an extensive background in systems engineering, e-discovery, IT infrastructure, data governance, and analytics. As a trusted advisor, Kim builds and maintains effective relationships with stakeholders and offers technical expertise and strategic guidance across the IT landscape. Previously, we talked about the pros and cons of the program, and this time, we delve into further detail and hear more about Zen Solutions' resurrection story. We discuss navigating the aftermath of the implementation issues, dealing with the Department of Justice (DOJ) investigations, and overcoming predatory business practices from larger companies. We explore the company's approach to building its client base and why fostering relationships is imperative in government contracting. Discover what it takes to bring a company back from the brink, the role of self-care in dealing with mental and emotional stress, why you cannot do it all yourself, and much more. Join us as we continue the unfolding Zen Solutions' story of resilience, survival, and triumph while facing adversity. Tune in now!Key Points From This Episode:An update on Zen Solutions and how the company has grown.Strategies the company is leveraging to build deeper relationships.Why authentic relationships are essential for small companies to grow.Navigating the DOJ investigations and consolidating the company's debt.How he was able to stabilize Zen Solutions while planning to scale.The role his support network played in the recovery of the company.Managing the mental and emotional stress of running a small business.The different work opportunities and services the company has on offer.Sponsors:Withum: https://www.withum.com/Withum is a forward-thinking, technology-driven advisory and accounting firm that offers a range of services including business advisory, forensic and valuation services, accounting and assurance, digital transformation, cybersecurity, and tax consulting.Twenty39 – helping small businesses be successful in GovCon: https://www.twenty39.comIf your business is considering government contracting and needs expert advisory, business development, proposal management, and/or operations support we are here to help. We provide end-to-end enablement for pursuing government contracts.Hive39 Community: https://twenty39.com/hive39-community/An inclusive online community for GovCon Small Businesses and Consultants to learn, share, and grow. Receive free resources to support your business in pursuing government contracts; and meet new partners, identify small business relevant events and cost-appropriate vendor resources, stay up to date on policy and legal changes impacting small business, and share 1099 and partnership opportunities. Join today! Hosted on Acast. See acast.com/privacy for more information.

Michael Faulkender is the Dean's Professor of Finance at Maryland Smith. He joined the University of Maryland in 2008 and was the Associate Dean of Master's Programs in 2017 and 2018. Dr. Faulkender left that role at the beginning of 2019 to serve as the Assistant Secretary for Economic Policy at the US Department of Treasury. In that role, he advised the Secretary on domestic and international issues that impacted the economy. During the COVID-19 pandemic, he assisted in negotiating the CARES Act and was the senior Treasury official who led the implementation of the Paycheck Protection Program (PPP). In January, he was awarded the Alexander Hamilton Award for Distinguished Leadership, the highest service award granted at the Department of the Treasury.His research lies at the intersection of financial economics and public policy. Examples include the job impacts of the PPP, corporate capital structure, risk management, corporate liquidity, and executive compensation. His work has been published in top academic finance journals, received numerous “best paper” awards, and has been cited in the Wall Street Journal, Washington Post, and The New York Times, among others.Professor Faulkender teaches classes in the MBA and EMBA programs at the Smith School. Professor Faulkender has a PhD in Finance from Northwestern and a Bachelor's Degree in Managerial Economics from UC Davis. He has also served as a faculty member at the Wharton School at the University of Pennsylvania, the Kellogg School at Northwestern University, and the Olin School at Washington University in St. Louis.Michael Faulkender PhD ~ Trump Administration Economist ~ Economic Plan Solves Momentous ProblemsOriginally Recorded on January 11, 2024Season 2, Episode 232Learn More at: GeneValentino.comImage(s) Courtesy of: Gene Valentino Join the Conversation: https://GeneValentino.com WMXI Facebook Page: https://www.facebook.com/NewsRadio981 More WMXI Interviews: https://genevalentino.com/wmxi-interviews/ More GrassRoots TruthCast Episodes: https://genevalentino.com/grassroots-truthcast-with-gene-valentino/ More Broadcasts with Gene as the Guest: https://genevalentino.com/america-beyond-the-noise/ More About Gene Valentino: https://genevalentino.com/about-gene-valentino/

Jeffrey Mosher welcomes Jennifer Hayes, Senior Vice President, Operations & Policy from Invest Detroit Jennifer and Jeffrey had a discussion about the Michigan CDFI Coalition. Michigan Community Development Financial Institutions (CDFI) Coalition is celebrating its one year of operations. The coalition is committed to providing financial resources to underserved borrowers and supporting economic growth in Michigan. Here are some key talking points to highlight the achievements and goals of the Michigan CDFI Coalition: Jennifer could you tell the Michigan business community about the Mission and Objectives of Michigan CDFI? MICDFI Coalitions' overall mission is to increase awareness of CDFIs, expand programming to support more borrowers, businesses, and projects, and continue to support economic growth throughout Michigan. What's the Role of CDFIs? CDFIs as mission-based lenders, providing flexible and affordable financing to underserved communities, small businesses, and affordable housing projects. CDFIs are particularly integral in reaching borrowers who often cannot access traditional bank financing. What's the Impact in Michigan? To date, Michigan's CDFIs have deployed more than $4 billion in loans throughout the state and have made the following impact: ● Created almost 30,000 permanent jobs ● Developed almost 23 million square feet of real estate ● Over 14,000 total housing units, 72% affordable ● Supported over 7,000 small or micro-businesses ● Created the largest state CDFI fund in the nation with $85 million to date. CDFIs also played a significant role in providing Michigan small businesses and nonprofits access to the Small Business Administration's Paycheck Protection Program (PPP) forgivable loans and serviced $1.5 billion in loans, preserving 165,000 jobs. In FY 2021, MI CDFIs deployed $1.4 billion in loans. ● Michigan CDFIs support several areas of the economy including: ○ Small and Micro-Businesses. ○ Single, Multi-Family, and Affordable Housing. ○ Real Estate and Mixed-Use Projects. ○ Consumer Loans and Banking Products. ○ Non-Profit Projects, and more. ● MICDFI Coalition has been integral in the Small Business Administration's Paycheck Protection Program (PPP) forgivable loans during the COVID-19 pandemic. ● Have supported small businesses and nonprofits statewide through the servicing of $1.5 billion in loans. Tell us about Statewide Support and Advocacy? MICDFI Coalition has had support from the following organizations and individuals: ● State Senator Mary Cavanagh, CEED Lending, Chi Ishobak, Cinnaire, Core Community Partners, Detroit Development Fund, Grow, Invest Detroit, Michigan Community Capital, Michigan Credit Union Foundation, Michigan Women Forward, Northern Shores Community Development, Inc., Northern Initiatives, Opportunity Resource Fund, ProsperUs Detroit, Rende Progress Capital, Venture North, Capital Impact Partners, Community Economic Development Association of Michigan, ELGA Credit Union, IFF, Michigan Assistive Technology Loan Fund. And if the listeners care to learn more About Michigan CDFI Coalition how might they do so? The Michigan CDFI Coalition was founded in 2022 with a mission of bringing Michigan CDFIs together to collaborate on the development of inclusive policies, deliver vital programs, and bolster their efforts in community investment across the state of Michigan. Prospective Michigan CDFI partners, communities, and individuals can learn more about the Michigan CDFI Coalition by visiting www.micdfi.org. » Visit MBN website: www.michiganbusinessnetwork.com/ » Subscribe to MBN's YouTube: www.youtube.com/channel/UCqNX… » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/

Attention self-employed individuals in the US! Are you aware of the FFCRA tax credit refund program? Join Thomas Vela from Nagel and Associates as he reveals a life-changing opportunity for solopreneurs and entrepreneurs. But beware, the clock is ticking and the IRS backlog may slow your chance at a significant tax refund. Don't miss out on this suspenseful episode, leaving you wondering if you're missing out on an opportunity that could transform your financial future.About Thomas Vela:Thomas Vela is the Vice President of Strategy at Nagel & Associates. Prior to joining the company, he was at Contact Mapping - a technology organization that focuses on the network marketing industry.He is a dynamic force in the world of accounting and technology enablement. With a background in software development and a deep understanding of CPA principles, Thomas brings a fresh and innovative approach to his work. His journey from Contact Mapping to Nagel and Associates shThomas Vela: The US Gov't Might Owe You Money...Attention self-employed individuals in the US! Are you aware of the FFCRA tax credit refund program? Join Thomas Vela from Nagel and Associates as he reveals a life-changing opportunity for solopreneurs and entrepreneurs. But beware, the clock is ticking and the IRS backlog may slow your chance at a significant tax refund. Don't miss out on this suspenseful episode, leaving you wondering if you're missing out on an opportunity that could transform your financial future.About Thomas Vela:Thomas Vela is the Vice President of Strategy at Nagel & Associates. Prior to joining the company, he was at Contact Mapping - a technology organization that focuses on the network marketing industry.He is a dynamic force in the world of accounting and technology enablement. With a background in software development and a deep understanding of CPA principles, Thomas brings a fresh and innovative approach to his work. His journey from Contact Mapping to Nagel and Associates showcases his adaptability and passion for helping others succeed. Thomas's commitment to the direct sales community is evident in his efforts to raise awareness about the FFCRA tax credit refund program. By sharing his expertise and knowledge, Thomas aims to empower self-employed individuals to take advantage of this often-overlooked opportunity. In this episode, Jennie and Thomas discuss:FFCRA tax credit refund programThe Families First Coronavirus Response Act (FFCRA) is a landmark tax refund initiative aimed at self-employed individuals. Specifically, it's structured to help those who fell ill during 2020 and 2021, or those who've had to provide care to affected family members during this period. Benefits of partnering with a CPA firmEngaging with a Certified Public Accountant (CPA) firm has significant advantages, especially when navigating complex tax programs like the FFCRA or the Paycheck Protection Program (PPP). Easy and affordable tax filingHaving a firm like Nagel and Associates handle your tax filing can be an easy and affordable solution. In this episode, you will be able to:Maximize your financial benefits with the FFCRA tax credit refund program - discover how to potentially receive refunds for employee sick leave and family leave.Save time and money by leveraging the expertise of a CPA firm - learn about the benefits of working with professionals who can navigate complex tax regulations and ensure accuracy.Understand the impact of PPP on your tax eligibility - gain insights into how the Paycheck Protection Program may affect your tax obligations and potential deductions.Successfully navigate complex tax programs - uncover tips and tricks for managing various tax programs as a self-employed individual, ensuring compliance and maximizing your deductions. "I just feel like our community is probably not told about this enough. Maybe a lot of us did TurboTax, but TurboTax would not have asked you about these types of specialty programs, especially being self-employed ones.” –Thomas VelaCONNECT WITH THOMAS:Facebook Name: https://www.facebook.com/restcpaFacebook Business Page: https://www.facebook.com/restcpaLinkedIn URL: https://www.linkedin.com/company/nagel-associates/?viewAsMember=trueCONNECT WITH JENNIE:Website: https://badassdirectsalesmastery.com/Email:  jennie@badassdirectsalesmastery.comFacebook personal page: https://facebook.com/jbellingerPLFacebook podcast page: http://facebook.com/BadassDirectSalesMasteryFacebook group for Badass Crew: https://facebook.com/groups/BadassDirectSalesMomsInstagram: https://instagram.com/BadassDirectSalesMasteryPersonal Instagram: https://instagram.com/jenniebellingerLinkedIn: https://linkedin.com/in/BadassDirectSalesMasteryShow Notes by Podcastologist: Hanz Jimuel AlvarezAudio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. owcases his adaptability and passion for helping others succeed. Thomas's commitment to the direct sales community is evident in his efforts to raise awareness about the FFCRA tax credit refund program. By sharing his expertise and knowledge, Thomas aims to empower self-employed individuals to take advantage of this often overlooked opportunity. In this episode, Jennie and Thomas discuss:FFCRA tax credit refund programThe Families First Coronavirus Response Act (FFCRA) is a landmark tax refund initiative aimed at self-employed individuals. Specifically, it's structured to help those who fell ill during 2020 and 2021, or those who've had to provide care to affected family members during this period. Benefits of partnering with a CPA firmEngaging with a Certified Public Accountant (CPA) firm has significant advantages, especially when navigating complex tax programs like the FFCRA or the Paycheck Protection Program (PPP). Easy and affordable tax filingHaving a firm like Nagel and Associates handle your tax filing can be an easy and affordable solution. In this episode, you will be able to:Maximize your financial benefits with the FFCRA tax credit refund program - discover how to potentially receive refunds for employee sick leave and family leave.Save time and money by leveraging the expertise of a CPA firm - learn about the benefits of working with professionals who can navigate complex tax regulations and ensure accuracy.Understand the impact of PPP on your tax eligibility - gain insights into how the Paycheck Protection Program may affect your tax obligations and potential deductions.Successfully navigate complex tax programs - uncover tips and tricks for managing various tax programs as a self-employed individual, ensuring compliance and maximizing your deductions. "I just feel like our community is probably not told about this enough. Maybe a lot of us did TurboTax, but TurboTax would not have asked you about these type of specialty programs, especially being self-employed ones.” –Thomas VelaCONNECT WITH THOMAS:Facebook Name: https://www.facebook.com/restcpaFacebook Business Page: https://www.facebook.com/restcpaLinkedIn URL: https://www.linkedin.com/company/nagel-associates/?viewAsMember=trueCONNECT WITH JENNIE:Website: https://badassdirectsalesmastery.com/Email:  jennie@badassdirectsalesmastery.comFacebook personal page: https://facebook.com/jbellingerPLFacebook podcast page: http://facebook.com/BadassDirectSalesMasteryFacebook group for Badass Crew: https://facebook.com/groups/BadassDirectSalesMomsInstagram: https://instagram.com/BadassDirectSalesMasteryPersonal Instagram: https://instagram.com/jenniebellingerLinkedIn: https://linkedin.com/in/BadassDirectSalesMasteryShow Notes by Podcastologist: Hanz Jimuel AlvarezAudio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. 

In previous episodes Caleb and Greg have discussed the rampant fraud in the Paycheck Protection Program (PPP). But in this episode, the guys discuss a much less talked about program that was also subject to a lot of pandemic relief fraud: Economic Injury Disaster Loans (EIDL). HOW TO EARN FREE CPEIn less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at ohmyfraud@earmarkcpe.comSources: 1980 Grand Island tornado outbreak [Wikipedia] Economic Injury Disaster Loans [SBA] Business Physical Disaster Loans [SBA] Current Declared Disasters [SBA] Coronavirus Aid, Relief, and Economic Security Act Paycheck Protection Program and Health Care Enhancement Act ​​Disaster Assistance Upate Nationwide COVID EIDL, Targeted EIDL Advances, Supplemental Targeted Advances April 28, 2022 [SBA] Inspection of Small Business Administration's Initial Disaster Assistance Response to the Coronavirus Pandemic  COVID-19 EIDL Program Recipients on the Department of Treasury's Do Not Pay List Georgia man admits submitting false information to obtain COVID-19 disaster relief funding [DOJ] Georgia man who used COVID relief funds to buy Pokemon card sentenced to prison [DOJ] He Spent $57,000 in Covid Relief on a Pokémon Card. Now the U.S. Owns It. [NYT] Florida Man [Wikipedia] Florida Man Beats Out Heart Disease As Nation's No. 1 Killer [The Onion] Florida ‘Don't Say Gay' forced disclosure amendment withdrawn [WFLA] Florida State Representative Indicted For Wire Fraud, Money Laundering, And Making False Statements [DOJ] Florida Lawmaker Charged With Pandemic Aid Fraud [NYT] State Rep. Joe Harding resigns after federal indictment for wire fraud [TBT] Former Florida State Representative Pleads Guilty To Wire Fraud, Money Laundering, And Making False Statements In Connection With Covid-19 Relief Fraud [DOJ] North-Central Florida Blimp Company Executive Sentenced To Over Five Years In Federal Prison For COVID-19 Relief Fraud [DOJ] Florida blimp executive, relative of former state lawmaker, sentenced to federal prison in pandemic fraud [SFSS] PostscriptSince we recorded this episode, there have been a couple developments:1. The Small Business Administration released a new report entitled "COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape" on June 27, 2023. It estimates that the total amount of fraud between EIDL and PPP is ~$200 billion.2. Former Florida Representative Joe Harding requested that his sentencing be pushed back a couple months. He still faces a maximum sentence of 35 years after pleading guilty to wire fraud, money laundering and making false statements about COVID-19 relief aid he received.

Central Bank Digital Currencies with Michael Faulkender on Liberty & Justice Season 2, Episode 26. Learn more about Michael Faulkender at americafirstpolicy.com.  Watch every episode of Liberty & Justice at www.whitaker.tv.Michael Faulkender is Chief Economist at America First Policy Institute.  Michael Faulkender is also the Dean's Professor of Finance at Maryland Smith. He joined the University of Maryland in 2008 and was the Associate Dean of Master's Programs in 2017 and 2018. Dr. Faulkender left that role at the beginning of 2019 to serve as the Assistant Secretary for Economic Policy at the US Department of Treasury. In that role, he advised the Secretary on domestic and international issues that impacted the economy. During the COVID-19 pandemic, he assisted in negotiating the CARES Act and was the senior Treasury official who led the implementation of the Paycheck Protection Program (PPP). In January, he was awarded the Alexander Hamilton Award for Distinguished Leadership, the highest service award granted at the Department of the Treasury.His research lies at the intersection of financial economics and public policy. Examples include the job impacts of the PPP, corporate capital structure, risk management, corporate liquidity, and executive compensation. His work has been published in top academic finance journals, received numerous “best paper” awards, and has been cited in the Wall Street Journal, Washington Post, and The New York Times, among others.Professor Faulkender teaches classes in the MBA and EMBA programs at the Smith School. Professor Faulkender has a PhD in Finance from Northwestern and a Bachelor's Degree in Managerial Economics from UC Davis. He has also served as a faculty member at the Wharton School at the University of Pennsylvania, the Kellogg School at Northwestern University, and the Olin School at Washington University in St. Louis. Matthew G. Whitaker was acting Attorney General of the United States (2018-2019).  Prior to becoming acting Attorney General, Mr. Whitaker served as Chief of Staff to the Attorney General. He was appointed as the U.S. Attorney for the Southern District of Iowa by President George W. Bush, serving from 2004-2009. Whitaker was the managing partner of Des Moines-based law firm, Whitaker Hagenow & Gustoff LLP from 2009 until rejoining DOJ in 2017. He was also the Executive Director for FACT, The Foundation for Accountability & Civic Trust, an ethics and accountability watchdog, between 2014 and 2017.   Mr. Whitaker is the Author of the book--Above the Law, The Inside Story of How the Justice Department Tried to Subvert President Trump.  Buy Matt's book here: https://amzn.to/3IXUOb8 Mr. Whitaker graduated with a Master of Business Administration, Juris Doctor, and Bachelor of Arts from the University of Iowa.  While at Iowa, Mr. Whitaker was a three-year letterman on the football team where he received the prestigious Big Ten Medal of Honor. Mr. Whitaker is now a Co-Chair of the Center for Law and Justice at America First Policy Institute and a Senior Fellow at the American Conservative Union Foundation. Matt is on the Board of Directors for America First Legal Foundation and is a Senior Advisor to IronGate Capital Advisors. He is also Of Counsel with the Graves Garrett law firm.  Whitaker appears regularly to discuss legal and political issues on Fox News, Newsmax and other news outlets.  He splits his time between Iowa, Florida and Washington, D.C. 

We have an interesting “this day in legal history” for today – on May 23, 1788 South Carolina ratified the U.S. Constitution and became the eighth state. South Carolina's journey towards statehood can be traced back to the early days of the United States. Initially, the area was encompassed within the original territory defined in the 1663 charter establishing Carolina, which included both North and South Carolina. The separation of the two regions took place in 1712 and was officially solidified when the Carolina Colony dissolved in 1729, with a shared boundary resembling the present states. However, the precise delineation of this boundary was not settled until 1813. During this time, South Carolina relinquished some of its territory to the United States, which ultimately formed part of the Georgia and Mississippi Territory in 1802. On May 23, 1788, South Carolina ratified the U.S. Constitution, becoming the eighth state among the original 13 to join the Union. 72 years later it would be the first state to secede from the Union, on December 20, 1860 following the election of Abraham Lincoln. The South Carolina Declaration of Secession formally pointed to one of Lincoln's most famous lines as the reason secession was necessary:“A geographical line has been drawn across the Union, and all the States north of that line have united in the election of a man to the high office of President of the United States, whose opinions and purposes are hostile to slavery. He is to be entrusted with the administration of the common Government, because he has declared that that ‘Government cannot endure permanently half slave, half free,' and that the public mind must rest in the belief that slavery is in the course of ultimate extinction.”The Civil War, in effect, began in Charleston Harbor on April 12, 1861. We all make mistakes; granted, most of our mistakes don't rise to the level of starting a Civil War to preserve slavery – but all the same. Happy Birthday, South Carolina. The Justice Department is shifting its focus to financial institutions involved in Covid-19 loan fraud cases, aiming to uncover evidence of banks approving fake loans or bypassing fraud-detection measures. This shift comes after the successful prosecution of small-time scammers who misused emergency relief loans. The government faces challenges in holding lenders accountable, including forgiving Trump-era guidance that banks may cite in their defense. Larger banks with sophisticated prevention practices are less vulnerable, while regional banks, local institutions, and fintechs face greater scrutiny. So far, the Department of Justice (DOJ) has achieved limited results, but a 10-year statute of limitations allows ample time for investigations in the finance sector. DOJ's acting Covid enforcement chief has hinted at a new focus on lenders and financial institutions that enabled fraudulent activity. Cases are expected to primarily seek civil liability, although criminal charges may be possible for willful and systemic offenders. Fintechs, especially those lacking experience in establishing anti-fraud controls, are likely targets. The compressed time frame and evolving regulatory guidance during the rollout of programs like the Paycheck Protection Program (PPP) offer potential defenses for institutions. The Bank Secrecy Act, which requires financial institutions to prevent money laundering, could also be leveraged in enforcement efforts. However, experts are skeptical about the DOJ's ability to achieve an enforcement sweep similar to the post-housing crisis period. Investigations may utilize the False Claims Act and scrutinize customer due diligence and failure to report fraud or suspicious activity. Both traditional and online lenders, including brick-and-mortar and regional banks, may face scrutiny, especially if there was a close relationship with fraudulent borrowers. The complexity of the Covid-19 relief programs and the government's execution may be raised as arguments in defense.Covid Loan Fraud Probes Turn to the Bankers Who Approved ThemA proposed class-action lawsuit against Elon Musk, claiming he cheated Twitter shareholders during the company's buyout, has been dismissed by a judge. U.S. District Judge Charles Breyer in San Francisco ruled that the plaintiff lacked standing to sue because the lawsuit challenged Musk's actions associated with the buyout, rather than the fairness of the buyout itself. The judge found no evidence that Musk's belated disclosure of a 9.2% Twitter stake or the delay in the closing of the buyout caused harm to the plaintiff. The plaintiff had alleged that Musk's stake allowed him to buy more shares at lower prices prior to the actual buyout. Additionally, there was no proof that Musk helped two friends breach their fiduciary duties by favoring their own and Musk's interests. The plaintiff's lawyers have not yet commented on the ruling. Musk, who also heads Tesla Inc, is the world's second-richest person. Twitter has faced challenges in maintaining ad revenue and recently appointed a new CEO.Judge throws out shareholder lawsuit against Elon Musk over Twitter buyout | ReutersTikTok has filed a lawsuit against the state of Montana in response to its ban on the Chinese-owned app. Montana became the first state to prohibit the use of TikTok, with the ban scheduled to take effect on January 1. You will remember our previous reporting on Montana TikTok users suing Montana, now their state has been brought into the legal fray. TikTok argues that the ban violates the First Amendment rights of the company and its users. The lawsuit, filed in a Montana federal court, also claims that the ban is pre-empted by federal law and infringes upon matters of exclusive federal concern, as well as violating the Commerce Clause of the U.S. Constitution. The ban imposed by Montana carries potential fines of $10,000 per violation by TikTok. Former President Donald Trump previously attempted to ban TikTok and WeChat at the federal level, but those efforts were halted by court decisions. TikTok sues Montana after state bans app | ReutersThe Biden administration's plan to introduce a Digital Asset Mining Energy (DAME) excise tax on electricity used for crypto mining is deeply flawed. While the tax aims to offset climate change, I argue that it is administratively unworkable and misdirected. The lack of clarity on enforcement and the diverse nature of crypto miners pose challenges. Monitoring individual computers or installing spyware would be impractical and costly. Instead, the focus could be shifted to taxing the electricity usage of data centers and artificial intelligence (AI). AI models and language generation require significant amounts of electricity, making them potential targets for taxation. The growing AI sector offers an opportunity to offset future energy demands on the grid. However, implementing an excise tax on AI also poses challenges in determining the purpose of electricity usage. An alternative proposal is to broaden the tax to include data centers more generally, avoiding market distortion and future-proofing the tax. Otherwise, sectors such as the chemical industry and major technology companies like Google and Microsoft consume substantial amounts of electricity and could be suitable targets. If the goal is to regulate crypto, I suggest focusing on specific regulations rather than an impractical and ineffective excise tax.Crypto Mining Electricity Excise Tax Should Target AI Instead Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe

Amber is on a mission to make the world a more equitable and just place. Her primary focus is bringing vital resources into overlooked and underserved small business communities because she believes that everyone deserves inclusive, equitable access the resources they need to make their small business thrive.

 She achieves this through her work as the Director of Business Education and Consulting Services at CPLC Prestamos; a CDFI serving Arizona, California (Southern), Nevada, New Mexico, and Texas. In 2021, Prestamos was the top originator by volume for the Paycheck Protection Program (PPP) nationwide serving 70% minority owned small businesses. In late 2021, she also led efforts to launch an SBA Women's Business Center in Phoenix and a Minority Business Development Agency (MBDA) Business Center in Las Vegas. Learn more: www.prestamoscdfi.org

This panel will discuss recent criminal and SEC cases involving fraud related to the COVID-19 pandemic and the Paycheck Protection Program (PPP). Hear from speakers at the U.S. Attorney's Office, SEC, and AG's Office about their office's experiences with this line of investigations and cases. (1/19/23)   Questions? Inquiries about program materials? Contact Alan I. Johnson at ajohnson@bostonbar.org

Your dental practice has weathered the height of the COVID-19 pandemic, but you may be leaving money on the table if you haven't fully explored the options presented by the government's Employee Retention Credit (ERC) and Paycheck Protection Program (PPP). These programs were launched to help employers like you, whose businesses suffered as a result of the pandemic's economic disruptions. And they're only available for a limited time, with phase-out dates beginning July 31, 2023. In this episode, we're talking with Aprio's Justin Elanjian, PPP and ERC expert. Justin is a CPA and the Partner-in-Charge of Aprio's PPP & ERC Services, and helps both lenders and borrowers navigate the complexities of the PPP. He also helps his clients realize benefits from other stimulus package programs, such as the ERC, and is committed to strengthening his clients' balance sheets and helping them achieve what's next.  We'll discuss: What the ERC is, and what conditions a practice owner needs to meet in order to qualify How COVID-era disruptions to supply chains impact eligibility Special considerations for practices that opened or were acquired after the onset of COVID What practice owners need to know about PPP loan forgiveness How much time a provider should set aside to prepare all of the information needed to file their claim Are you ready to take the next step toward your practice ownership dreams? Visit getprovide.com.

It's been almost three years since the COVID-19 pandemic first began and the Coronavirus Aid Relief and Economic Security (CARES) Act programs are nearing the end of their lifecycles, so what's next? But Who's Counting? host David E. Hartley chatted with returning guest Anders Director + Strategic Growth Paul C. Rhea about which programs are still available to qualifying businesses along with the following points of interest: What's next for the Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL) funds, Employee Retention Tax Credits (ERTC) and Restaurant Revitalization Fund (RRF) Which CARES Act programs have ended and what is still available How long the SBA will be investigating suspicions of criminal or fraudulent activity for PPP loans IRS audits are coming for ERTC Only about 22% of ERTC-eligible businesses have actually applied for the tax credits Make sure to never miss an episode by subscribing on Spotify, Pandora or Apple Podcasts and let us know what you think by rating and reviewing. Keep up with more Anders insights by visiting our website and following us on social media: Facebook | LinkedIn | Instagram | Twitter

The Paycheck Protection Program (PPP) was designed to soften the financial impact of the pandemic for small businesses. It issued about $800 billion in potentially forgivable government loans to keep workers employed during COVID shutdowns. Now, the overwhelming majority of those loans have been forgiven with very little scrutiny. That means many loans have been forgiven to businesses that flourished during the pandemic or to fraudsters who took advantage of the lax system.Meanwhile, the majority of the loans that remain unforgiven belong to the smallest businesses, companies the program was most meant to help.Sacha Pfeiffer and Austin Fast of NPR's Investigations team looked into how the program failed to be as stringent as the government promised.In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.Email us at considerthis@npr.org.

Great conversation with the working class hero. The creator of The Rick Smith Show is on point: Rick Smith, the creator of Rick Smith Show, speaks on the working class as very few can. His show is a gem. Listen to his take on working-class America. Laila Dalton & Bill Whitmire, union organizers, put Starbucks on notice and enlighten us on unions: It was refreshing speaking to Laila Dalton & Bill Whitmire, who are devoting their time to organizing workers and enlightening Americans on the need for unions. Voices: Corporate America is so angry about Biden's student loan cancellation. I wonder why: This week, President Joe Biden made good on his campaign pledge and vowed to cancel $10,000 in student federal loan debt for borrowers with an annual income of less than $125,000. For the 45 million Americans still crippled with student loan debt, at a time of increasing cost of living, this is not nearly enough. If we were able to cancel Paycheck Protection Program (PPP) debts for business, you'd think the funds could be found to cancel student loans too. --- Send in a voice message: https://anchor.fm/politicsdoneright/message Support this podcast: https://anchor.fm/politicsdoneright/support

Natural gas futures in Europe are trading at $50 or more right now with no sign of coming down. Per Magnus Nysveen of Rystad Energy dives into the imminent pressure European countries are feeling to fill up their storage tanks ahead of winter. Plus, a new report by the St. Louis Fed says that the Paycheck Protection Program (PPP) was “not well-targeted.” Jimmy Pethokoukis of the American Enterprise Institutes explains why. And, markets are gearing up for the release of the monthly jobs report in just a couple of hours. Gina Sanchez of Chantico Global and Simeon Hyman of ProShares Advisors talk inflation, recessionary fears, and investment strategies.

When the shutdowns from COVID-19 began to take effect in March of 2020, Senator Marco Rubio knew that the impact to the economy could be catastrophic if they didn't act soon. With the looming threats of widespread unemployment, a real estate crisis, and the reality that many small businesses would be wiped out, Sen. Rubio lead the way for the Paycheck Protection Program (PPP). Listen in as Sen. Rubio takes host Gene Marks behind the scenes of the PPP – a look back at how it started, how it went, and where it's going. Topics include: 00:19 – Introduction to the episode 01:03 – The numbers of the PPP 01:28 – From a supply chain tool to the PPP 03:50 – Who was a part of creating the PPP 05:16 – The inspiration 06:45 – Sen. Marco Rubio's thoughts and fears 08:33 – The PPP and fraud 10:30 – Why the banks were slow to react 12:49 – How Sen. Rubio educated people about the PPP 14:41 – Sen. Rubio's involvement throughout the PPP 16:25 – How bipartisan was the PPP? 18:12 – If he could do it again what would he change? 22:26 – Is there potential for this model in the future? 24:31 – Sen. Rubio talks the impact of the PPP DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

In today's stimulus update, SBA COVID-19 EIDL funds to exhaust in 2 weeks; House passes bill to extend the Restaurant Revitalization Fund and more small business relief; Student loan repayment moratorium extended to August 2022; SBA announces State Small Business Persons of the Year Award Winners; Paycheck Protection Program (PPP) audits underway; RTC $400 billion payroll tax credit up to $26,000 per W2 employee; more grants available. Let's talk about what this means for small business. Connect and watch live on Facebook: http://bit.ly/SheBossTalkShow Subscribe to our YouTube Channel http://bit.ly/SheBossTalkYouTube Subscribe to our Podcast https://anchor.fm/shebosstalk Follow us on Instagram: www.instagram.com/shebosstalk Follow us on Pinterest: www.pinterest.com/shebosstalk Opportunities to be part of the Show She Boss Talk Show Guest - Apply bit.ly/SBTShowGuests She Boss Talk Ambassador - Apply bit.ly/SBTAmbassador She Boss Talk Author Spotlight - Apply bit.ly/SBTAuthorSpotlight She Boss Talk Product Reviews - Apply bit.ly/SBTPRoductReview She Boss Sponsorship - Submit http://bit.ly/SBTSponsors Visit us at www.shebosstalk.com. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/shebosstalk/message Support this podcast: https://anchor.fm/shebosstalk/support

n today's stimulus update, SBA hosts Women's Business Summit March 29-30; Building a Better America: A Small Business Resource Community (BBA Resource Community); SB) is auditing Paycheck Protection Program (PPP) loan forgiveness applications for both First Draw and Second Draw PPP loans; GSA said it was hiking up its contracting SDB goals for fiscal year 2022 to 21%, representing a four-fold increase from the agency's goals set last year; extended COVID-19 EIDL loan deferments; student loan moratorium set to close in May - employers implement forgiveness programs; ERTC $400 billion payroll tax credit up to $26,000 per W2 employee; more grants available. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/shebosstalk/message Support this podcast: https://anchor.fm/shebosstalk/support

Ryan Garry, LLC (612-436-3051) is one of the leading criminal defense law firms in Minneapolis, MN. If you're in trouble because of alleged Paycheck Protection Program (PPP) loan violations, it can help you get the representation you deserve. Learn more at https://ryangarry.com (https://ryangarry.com)  

Want LIVE videos, early access to my podcasts and 100% ad free recordings? Only $4.99/mo! Become A Member Join Now – INstant access! https://vimeo.com/690063405 About Carol Roth: Carol Roth is a content creator, “recovering” investment banker, author of The War on Small Business, entrepreneur, TV pundit and host, and New York Times bestselling author of The Entrepreneur Equation. She has worked in a variety of capacities across industries, including currently as an outsourced CCO, as a director on public and private company boards and as a strategic advisor. She advocates for small business, small government and big hair. Carol Roth's experience overlaps content creation, on-camera and in-person hosting, finance, business, economics, pop culture and even comedy. On the content side, Carol is a national media personality, with more than a dozen years of on-camera expertise. Formerly, she has been a judge on the Mark Burnett-produced technology competition series, America's Greatest Makers, on TBS and the Host of Microsoft's Office Small Business Academy show, as well as a panelist on Fox Business's Bulls & Bears and CNBC's Closing Bell. Topics Discussed: What was the motivation for Carol to write “The War on Small Business.”What is the difference between capitalism and crony capitalism.Why small businesses are the backbone of the US and the world economies.When did the war on small business start and what caused it.How Covid-19 was the perfect opportunity for the federal gov to pic winners and losers.How it was possible for the biggest companies to grow at record rates even while the economy was struggling during Covid-19.Why the fed gov detests small businesses.What/where is Davos, and why it is so important to the super rich and elite in the world.Why we sent our critical med supplies to China during Covid-19. Why almost none of the stimulus (CARES Act) money went to small businesses.What is the Paycheck Protection Program (PPP) and why did 75% of it go to big biz.Why have interest rates been low for so long and the damage that is doing to long-term economy.How BlackRock has profited big time through crony capitalism.What are Zombie Companies and how do they inhibit start-ups.How big biz and the fed gov are deep inside the pocket of China. Episode Resources: Purchase Carol's Best Selling Book as discussed on this show “The War on Small Business” here: The War on Small BusinessGet Carol's other best selling book The Entrepreneur Equation here: The Entrepreneur EquationCarol's website: https://www.carolroth.com/Donate to The Simple Life cause: https://thesimplelifenow.com/product-category/consulting/#donateWhere to send your questions: contact@thesimplelifenow.com The Simple Life Rumble page: https://rumble.com/user/TheSimpleLifeThe Simple Life Website: https://www.thesimplelifenow.com Make sure to signup and be a member of The Simple Life Insider's Circle at: https://www.thesimplelifenow.com/the-simple-life/

The Department of Justice (DOJ) continues to target business owners receiving US government Covid-19 economic stimulus loans. At this time, there are thousands of open criminal investigations and prosecutions based on loans under the federal Paycheck Protection Program (PPP). Congress has flagged billions of dollars in PPP loans as suspicious. As a result, the DOJ continues to hire dozens of prosecutors specifically to pursue cases of PPP loan fraud. Anyone receiving a PPP loan will want to stay tuned. The target of any government investigation needs to be proactive to mitigate the short and long-term negative impact that such investigations can leave behind. Risks and consequences vary case by case. However, there are common strategic steps to help business owners navigate PPP loan fraud cases and achieve better outcomes. Learning about all the stages of the criminal process — from investigation to sentencing, including sentence reductions and post-conviction strategies (such as early release) — can make a significant difference in the overall results. This blog post and accompanying video provide a brief overview on triggers for PPP loan fraud investigations. https://prisonprofessors.com/5-steps-to-navigate-ppp-loan-fraud-case/  

Several non-profit organizations that distribute crack pipes as part of smoking kits received Paycheck Protection Program (PPP) loans during the COVID-19 pandemic, a Daily Caller analysis of loan filings found.The Daily Caller identified eight organizations that received PPP loans and distribute kits with pipe components or a fully assembled smoking device. Those organizations received more than $5 million in PPP loans during the pandemic, including two organizations that received more than $1 million each. The federal government distributed $800 billion in PPP loans during the pandemic, with the majority going to business owners, shareholders, creditors, and suppliers, according to Investopedia.Support the show (https://www.patreon.com/seattlerealestatepodcast)

Editor's note: Click here to subscribe to the podcast. The Today in Manufacturing Podcast is a new podcast brought to you by the editors from Manufacturing.net and Industrial Equipment News (IEN).In each episode, we discuss the five biggest stories in manufacturing, and the implications they have on the industry moving forward. This week:Air Force Funds Hypersonic Aircraft StartupHermeus is developing the world's fastest reusable aircraft. Last week, Hermeus announced a $60 million agreement with the U.S. Air Force to test its first aircraft.Protesters Block Raytheon Plant EntrancesActivists blocked the entrance to a Raytheon plant in Rhode Island on Thursday morning. They are protesting what they call the company's role in the “killing civilians" and “other human rights abuses."VW Halts Sales on Vehicles that Can Unexpectedly Shut DownVolkswagen has asked dealerships to stop selling the Taos, the company's new subcompact SUV. Reports have surfaced of engines unexpectedly shutting down when the car comes to a stop.Factory Raises Wages to Combat Labor ShortageCustom Rubber Corp is an Ohio rubber parts factory. The company recently received an $879,000 Paycheck Protection Program (PPP) loan.  President Charlie Braun used the money for an interesting experiment, he raised wages in an effort to help solve staffing problems. LA Deputies Shot in Ambush Sue 'Ghost Gun' Kit MakerA pair of Los Angeles County sheriff's deputies were badly wounded in an ambush shooting last year. On Monday, the deputies sued Nevada-based Polymer80 for making the parts for a “ghost gun” used in the attack.In Case You Missed ItWant to Pretend to Live on Mars? On Friday, NASA began taking applications for four people to live for a year in Mars Dune Alpha. It's a 1,700-square-foot Martian habitat, created by a 3D-printer, inside a building at Johnson Space Center in Houston.Samsung Slashes Prices on Foldable PhonesWill a cheaper, more durable foldable phone solve Samsung's problems?New Postal Trucks Delayed Due to LawsuitWorkhorse Group has challenged the fairness of the contract, which went to Oshkosh Defense in June.Please make sure to like, subscribe and share the podcast. You could also help us out a lot by giving the podcast a positive review . Finally, to email the podcast, you can reach any of us at Jeff, Anna or Andy @ien.com, with “Email the Podcast” in the subject line.

The employee retention credit (ERC) is a new credit created in the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed in March 2020 and later modified with subsequent legislation. Tax preparers and their clients have been anticipating updated guidance on several remaining questions related to the ERC. On August 4, the IRS issued Notice 2021-49 and accompanying IR-2021-165. Further, on August 10, the IRS issued Rev. Proc. 2021-33, which provides a safe harbor permitting employers to exclude certain amounts from gross receipts solely for purpose of determining eligibility for the ERC. Notice 2021-49 provides guidance on the ERC provided under Sec. 3134 of the Internal Revenue Code, as added by Sec. 9651 of the American Rescue Plan Act of 2021, and applies to qualified wages paid after June 30, 2021, and before Jan. 1, 2022. The notice amplifies Notices 2021-20 and 2021-23 with additional guidance on claiming the ERC in the third and fourth calendar quarters of 2021 as well as guidance on several miscellaneous ERC concerns. In this Tax Section Odyssey episode, April Walker, CPA, CGMA, Lead Manager — Tax Practice & Ethics, Association of International Certified Professional Accountants, representing AICPA & CIMA, and Kristin Esposito, CPA, MST, Director — Tax Policy & Advocacy, Association of International Certified Professional Accountants, representing AICPA & CIMA, dissect the latest guidance. What you'll learn in this episode Are wages of >50% shareholders and their spouses are considered qualified wages? (2.25) The calculation of gross receipts and a discussion on how Paycheck Protection Program (PPP) loans and other COVID-19 relief programs are incorporated (3.56) Are cash tips considered qualified wages? (5.25) The use of full-time employees or full-time equivalents in the determination of whether a business is a small or a large-eligible employer and the period for this calculation (5.53) Timing of the wage deduction disallowance (7.11) Determination of eligible employer status clarification for the 2021 credit (9.06) Recovery startup business overview (9.58) What is a severely financially distressed employer? (11.55) Potential legislative impacts to the ERC (13.27) AICPA resources Employee retention credit guidance and resources — The ERC is an important of the COVID-19 relief legislation for small businesses. This library provides the ins and outs of calculating this credit. AICPA Town Hall Series — Bi-monthly, high-impact news broadcast series that delivers the latest news, analysis, insights and practical guidance to accounting and finance professionals and responds to pressing issues facing the profession Challenges with contingency fees and the ERC — Explore the prospect of contingent fees for ERC work and how regulatory rules govern its usage with the AICPA's April Walker and Ed Karl on this Tax Section Odyssey episode from June 2021. What to know about the 2021 ERC before April 30 — On this April 2021 Tax Section Odyssey episode, Jan Lewis, CPA, with Haddox Reid CPAs & Advisors, reviews the latest ERC guidance and important information to help your clients benefit from this credit. PPP and ERC in 2020 — This Tax Section Odyssey episode from March 2021 reviews the IRS Notice 2021-20 and highlights what you need to know about the interaction between the ERC and PPP. Breaking down the employee retention credit – This February 2021 Tax Section Odyssey episode contains a deep dive on the calculation of the ERC. Other resources FAQs: Employee Retention Credit under the CARES Act — IRS answers to frequently asked questions on the ERC Rev. Proc. 2021-33 provides a safe harbor that permits a taxpayer to exclude certain items from “gross receipts” under Sec. 448(c) and Sec. 6033, as applicable, solely for purposes of determining eligibility to claim the ERC Notices 2021-20 — Guidance for employers claiming the ERC for calendar quarters in 2020 IRS Notice 2021-23 — Guidance on the ERC under the CARES Act for the first and second calendar quarters of 2021 Notice 2021-49 — Guidance that amplifies Notices 2021-20 and 2021-23 by providing additional guidance on claiming the ERC in the third and fourth calendar quarters of 2021. Note: If your podcast app does not hyperlink to resources, visit https://taxodyssey.libsyn.com to access show notes with direct links. This episode is brought to you by the AICPA's Tax Section, your home base to maintain your professional edge. To learn more about the Tax Section, check out aicpa.org/tax or sign up for a free web tour.

The ongoing COVID-19 pandemic has impacted both the personal and professional lives of CPAs and their clients. The legislative changes alone provided an incredible amount of complexity to sift through, but the trailing guidance thereafter has compounded the intricacy. Two of the most talked about pieces of enacted legislation is the Paycheck Protection Program (PPP) and the employee retention credit (ERC). While we have guidance on how to treat most aspects of these provisions, key questions remain. On this Tax Section Odyssey episode, April Walker, CPA, CGMA, Lead Manager — Tax Practice & Ethics, Association of International Certified Professional Accountants, representing AICPA & CIMA, and Cari Weston, MST, CPA, CGMA, Director — Tax Practice & Ethics, Association of International Certified Professional Accountants, representing AICPA & CIMA, discuss how to finalize client tax returns when we don't yet have all the answers. What you'll learn in this episode Initial thoughts on how to handle open, unclarified and unclear issues while trying to finalize extended tax returns (1.43) Professional responsibilities and the signing of tax returns (9.11) Example on how to handle the ambiguity of a shareholder and their spouse's salaries as qualifying wages for the ERC. (19.43) What to do when the IRS releases guidance after a position is taken on a return (24.28) AICPA resources SBA PPP resources for CPAs – Tools and resources on the ever-evolving PPP AICPA Town Hall Series – Bi-monthly, high-impact news broadcast series that delivers the latest news, analysis, insights and practical guidance to accounting and finance professionals and respond to pressing issues facing the profession Treasury Department Circular No. 230 – Consolidated information on the rules governing the recognition of attorneys, CPAs, enrolled agents, enrolled retirement plan agents, registered tax return preparers and other persons representing taxpayers before the IRS Statement on Standards for Tax Services (SSTSs) – Toolkit for the enforceable tax practice standards for members of the AICPA Other resources Circular No. 230 Tax Professionals – IRS resource page with multiple links to information on Circular No. 230 and information from the Office of Professional Responsibility (OPR).   Note: If your podcast app does not hyperlink to resources, visit https://taxodyssey.libsyn.com to access show notes with direct links. This episode is brought to you by the AICPA's Tax Section, your home base to maintain your professional edge. To learn more about the Tax Section, check out aicpa.org/tax or sign up for a free web tour.

The Today in Manufacturing Podcast is a new podcast brought to you by the editors from Manufacturing.net and Industrial Equipment News (IEN). Every week, we discuss the five biggest stories in manufacturing. This week, we talk about:Fire at VW Plant Halts ProductionThe Volkswagen assembly plant in Chattanooga, Tennessee experienced a fire on Tuesday. The fire appears to have started in the body shop at the plant.6,000 False Eyelashes SeizedU.S. Customs and Border Protection agents seized three thousand pairs of false eyelashes in New Orleans. There's no way to tell whether the eyelashes had been exposed to disease or stored in insect-infested areas.Lego Tells Company to Stop Making Lego-Style GunLego asked Utah-based gun company, Culper Precision, to stop making the Block19, a pistol that looks like it is covered with or made with multi-colored Lego bricks.Manufacturer Took Federal COVID Relief, Moved to MexicoRailroad car manufacturer FreightCar America received a $10 million Paycheck Protection Program (PPP) loan only to shut down its last U.S. factory a few months later, cutting more than 500 jobs, and moving to Mexico.Mysterious Bowling Balls Discovered Under Home's FoundationOn July 1, David Olson started a little demo on the back steps of his house; he wanted to build a new deck. The project took a turn when Olson found 158 bowling balls buried beneath the foundation. The balls were traced back to the 1950s.In Case You Missed It:UAW Factory Workers Ratify Deal, Will End Volvo Truck StrikeWorkers at a Volvo heavy truck plant in Virginia narrowly ratified the company's final offer in a long-running labor dispute. They voted 1,147 to 1,130.Musk Defends SolarCity, Calls Lawyer 'Bad Human'Tesla founder Elon Musk was in court last week. He had to testify and defend his company's 2016 acquisition of SolarCity, a failed solar panel manufacturer. Controversy aside, let's just say that Musk wasn't afraid to be himself in court.Biden Administration Drops Trump Showerhead RulePresident Joe Biden's administration is reversing a Trump-era rule on water flow limits from showerheads.Please make sure to like, subscribe and share the podcast. You could also help us out a lot by giving the podcast a positive review on whatever platform you use.

In 2020 and 2021 Colorado received more than $65 billion in federal aid money. The bulk of this money came in the form of direct stimulus payments to citizens and loans like the Paycheck Protection Program (PPP), but a substantial portion of the funds went to state coffers, and notably $2.5 billion went to K-12 education.  On this edition of Common Sense Digest, Chairman and Host Earl Wright is joined by CSI's Mike A. Leprino Fellow, Brenda Dickhoner, who recently authored a report on how that money was allocated, what it was spent on, and money that remains to be allocated. You can view that report at this link on our website. Also joining the show is CSI's Vice President of Policy and Research Chris Brown who has spent substantial time this year tracking the various federal spending bills and their impacts on Colorado. They answer and discuss the questions that should be on all Colorado citizens' minds: Where did that money go? Where will it go? Who is accountable for its allocation? And how can we as citizens get involved to advocate for and ensure the money gets where it's needed most. You will walk away from this episode with a much more sophisticated understanding of federal stimulus money and its impact in Colorado.  Thank you for listening to Common Sense Digest. Please rate, review and subscribe on your favorite podcatcher. Find all of our episodes on our website.

What Dental Practices Need to Know About the Paycheck Protection Program (PPP) and Employee Retention Credits (ERC), with Aprio Partners Justin Elanjian and Adam McDowell (Nashville Business Radio, Episode 18) Aprio Partners Justin Elanjian and Adam McDowell joined host John Ray to discuss how dental practices need to address the intricacies of PPP and ERC […] The post What Dental Practices Need to Know About the Paycheck Protection Program (PPP) and Employee Retention Credits (ERC), with Aprio Partners Justin Elanjian and Adam McDowell appeared first on Business RadioX ®.

Most first-round Paycheck Protection Program (PPP) loans were under $150,000 and not everyone received the second round of stimulus loans. Was this really enough to move the needle in dental practices, especially those hit hardest by the pandemic shutdowns? Judson and Hunter weigh in.  Resources:  Maximize PPP1 and ERC forgiveness with our free tool.

As the U.S. economy was staring into the pandemic abyss in March 2020, Congress passed a $2.2 trillion stimulus package that included the Paycheck Protection Program (PPP) to quickly get forgivable loans to small businesses, so they could keep workers on payrolls. Dan digs into the creation and roll out of the PPP, from the multi-day negotiations and late night phone calls to estimations of how many businesses it helped, with former U.S. Treasury Secretary Steven Mnuchin. Plus, Dan is joined by First Ave CEO Dayna Frank from Minneapolis. Learn more about your ad choices. Visit megaphone.fm/adchoices

As companies continue to utilize the Paycheck Protection Program (PPP), some are still applying for funds, some are navigating the forgiveness process and others are now facing a PPP audit. No matter where your company stands in the PPP process, it can be difficult to know what to do and what to expect. In this episode of the Wrap, Adam West, CPA (Warren Averett's in-house PPP expert) and Mark Woods (Senior Vice President and SBA Executive Director at Southpoint Bank) join our hosts to discuss the current state of the PPP program, what the future may hold for PPP and what it all means for companies looking to take advantage of it. After listening to this episode, you'll be able to:Grasp the current landscape of PPP lending and know if there are any remaining available PPP fundsMove forward with tips for pursuing PPP loan forgivenessGain a basic understanding of who is being audited and what is being considered in the PPP auditing processUnderstand how PPP and the Employee Retention Tax Credit relate to each other when it comes to eligible wages and loan forgivenessKnow how Shuttered Venue Grants and the Restaurant Revitalization Fund interplay with PPPGauge the longevity of the PPP program Resources for Continued Learning:Blog Post: Employee Retention Tax Credit (ERTC) [What Companies Should Know]Blog Post: Frequently Asked Questions about Shuttered Venue Grants AnsweredBlog Post: Restaurant Revitalization FundPodcast Episode: How Do I File for PPP Loan Forgiveness?Resource Page: Warren Averett's COVID-19 Resource PageThis episode reflects our views at the time it was recorded. Information within should be used as reference only. We recommend that you talk to your Warren Averett advisor, or another business advisor, for the most current information or for guidance specific to your organization.

As the President of Combs Enterprises, Tarik A. Brooks oversees all business operations and investments owned by Sean “Diddy” Combs. This diverse portfolio includes ventures in spirits (Ciroc Vodka and DeLeon Tequila), media (REVOLT TV), music (Bad Boy Records), consumer packaged goods (AquaHydrate) and education (Capital Preparatory Schools). Brooks also leads all new business development activity, including the launch of Our Fair Share, a platform that helped African American owned businesses access capital through the Paycheck Protection Program (PPP). In this role he manages a team of business unit leaders and serves as Combs's conduit to a broad set of stakeholders. Brooks serves on the boards of REVOLT, DeLeon Tequila, AquaHydrate and Capital Prep Harlem. Also mentioned in this episode: Our Black Party Our Fair Share Ray Dalio, Sean Combs Technologies: 5G, Blockchain, AR / VR / XR Howard University Host: Bryndan Moore Co-Host: Dr. Maurice Dolberry #TheBlackFuturist #RevoltTV #Ciroc #OurBlackParty Prior to Combs Enterprises, Brooks was the Chief Operating Officer of the Account Management and Trading department at Bridgewater Associates, a global investment management firm with approximately $160 billion under management. He was responsible for building and managing the Program Management Office, overseeing the department budgets and leading long-term planning. He was previously the Executive Vice President at RLJ Companies, a portfolio of companies led by investor Robert L. Johnson, where he led the development of several businesses including several gaming/nightlife ventures in the Caribbean and the completion of RLJ Kendeja, a resort hotel in Monrovia, Liberia. Throughout his career, Tarik has represented companies in a variety of transactions, including acquisitions and capital raises, led major strategic initiatives and oversaw compliance in highly regulated industries. Tarik is a graduate of Howard University and Harvard Business School. Additionally, he serves on boards a The Pilgrim School and Private School Village. Tarik lives in Los Angeles with his wife and two children. --- Send in a voice message: https://anchor.fm/theblackfuturist/message

Episode 13 - In this episode learn about the new criteria of the Paycheck Protection Program (PPP), and the set-asides for small businesses. The Director of Business Education and Consulting Services for Prestamos CDFI, Amber Cordoba, gives listeners step-by-step instructions on how to apply for this forgivable loan. In this round of PPP Loans 501(c)(6) organizations with fewer than 150 or fewer employees and Self-Employed Individuals with Schedule C positive net income on Line 31 qualify. Prestamos CDFI has partnered with TAMACC to offer free webinars that answer all your questions and give you step-by-step assistance. Prestamos services are free. They will also help business owners apply for loan forgiveness. To register for the FREE PPP 2021 Webinar go to - https://bit.ly/3eJeceU  For more info. call the TAMACC Office (512) 444-5727  

On this episode of Weaver Beyond the Numbers, real estate edition, Howard Altshuler, Partner-in-Charge, Real Estate Services for Weaver, and Rob Nowak, Partner, Tax Services for Weaver were joined by David Vasquez, Partner, Business Tax Services for Weaver for a conversation about the questions and issues around the Paycheck Protection Program (PPP) first instituted in March 2020.

The federal government created the Paycheck Protection Program (PPP) in 2020 as part of its coronavirus relief legislation in the hopes of keeping employees on organization's payrolls. Almost a year later, the program is still going strong with a fresh round of loans that just became available. This episode focuses on the details of the PPP and what organizations need to know if they are considering a PPP loan. In March of 2020, when the pandemic was just starting to grip the U.S., the federal government passed the CARES Act as its first piece of relief legislation. Included in that bill was the Paycheck Protection Program (PPP), a loan program designed to help organizations keep staff on their payrolls. It turned out to be hugely popular, and a year later it's still going strong, with a new round of loans available as well. This episode of EB and Flow is dedicated to understanding the PPP and what organizations need to know if they are considering a loan. Eide Bailly Principal Adam Sweet walks through the history of the program and common questions organizations have about the PPP.

Welcome to The Profit Talk! In this show, we're going to help you explore strategies to help you maximize profits in your business while scaling and creating the lifestyle that you want as an entrepreneur. I am your host, Susanne Mariga! I'm a certified Mastery Level Profit First Professional. Let's dive into strategies to maximize profits in your business! In this episode I walk you through how to determine if you qualify for a second round of the Paycheck Protection Program (PPP) loan.  In addition, I show you where to apply and who is lending the fastest! Visit my FREE Facebook Group, The Profit First Masterclass, where I'll be sharing additional exclusive trainings to members of the community.  If you're excited about what's next for your business and upcoming episodes, please head to our itunes page and give us a review! Your support will help me to bring in other amazing expert interviews to share their best tips on how to powerfully grow in your business! DISCLAIMER: The information contained within these videos is provided for informational purposes only and does not constitute, an accountant-client relationship. While we use reasonable efforts to furnish accurate and up-to-date information, we assume no liability or responsibility for any errors, omissions, or regulatory updates in the content of this video. Any U.S. federal tax advice contained within is not intended to be used for the purpose of avoiding penalties under U.S. federal tax law.

On this bonus episode of the podcast my guest, Kristy Runzer, CFP, about Paycheck Protection Program (PPP). Join the Braden's Besties Facebook Group to hear Kristy's live Q&A about PPP with Braden on January 22nd. PPP became available as part of the stimulus packages. It's a forgivable loan, meaning you receive the money as a loan but as long as you use it for certain things, it's a loan that gets forgiven. As a small business, PPP is more the route to go than EDIL (the SBA Economic Injury Disaster Loan program). With round two of PPP now available, the first step is to determine if you qualify. Two pieces allow you to quality - 1) If you never got money in Round One you can apply like this is Round One. 2) If you did get money in Round One, the qualifier for Round Two is if you saw a 25% decrease in your revenue in any quarter in 2020 compared to that same quarter in 2019. Ex: If Q2 in 2019 your revenue was $100,000 and in Q2 in 2020 your revenue was $75,000, that qualifies you. 1. If you are a Sole Prop, LLC, 1099 contractor, the qualifications would be to have a profit in your business in 2019. The way you figure out how much you qualify for is you take (2019 profit/12) then multiply it by 2.5. If you are an S-Corp and you have a formal payroll system then you take that payroll and multiple by 2.5. Example: $30,000 profit divided by 12 = 2500 multiplied by 2.5= $6,250 The deadline to apply is March 31st. You can apply directly through the bank where you hold your business bank account or if you don't have a business bank account there are other institutions like Blue Vine and Kabbage. Breaking down the PPP application process, it's personal information, breaking down the numbers for how much you would qualify, included documentation which may include a Schedule C or profit & loss statement or bank statement. 2. Let's say you made $80,000 in revenue in 2019 ($20,000/quarter) but only $40,000 in 2020 ($10,000 per quarter) which would be a 50% decrease, more than the necessary 25%. You will need bank statements to prove your revenue so it's important to be on top of your bookkeeping. Always be totally honest in your application. You need to have less than 300 employees and are required to use a minimum 60% or more for payroll or transferring it from a business account to a personal account if you don't have payroll. Contractors do not count towards payroll, only W2 employees. The 60% rule also applies if this is your first time applying for PPP. If you don't have an S-Corp you will just draw from your business account to your personal account to pay yourself (an owner's draw). Learn more about how to manage your cashflow this way at unfuckyourbiz.com Within 10 months Join the Braden's Besties Facebook Group to hear Kristy's live Q&A about PPP with Braden on January 22nd. Hear more from Kristy on episode 19 of The Unf*ck Your Biz Podcast where she discusses how to get started saving to reach your financial goals. Get in touch with our guest Kristy Runzer, CFP Visit On Route Financial online Follow On Route Financial on Instagram Instagram: https://www.instagram.com/mariabayer1/ Facebook Group: https://www.facebook.com/groups/learncollaborateflourish

Round two of the Paycheck Protection Program (PPP), also referred to as PPP2, was renewed as part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act. The $900 billion relief package includes $284 billion towards the new round of PPP loans, providing more avenues of relief for small businesses. Find out if you are eligible for funding, learn the acceptable uses for PPP funding and understand the parameters for forgiveness and tax deductions.

The Paycheck Protection Program (PPP) loans have provided much-needed aid to many businesses since the COVID-19 pandemic began. And while these funds proved to be a game-changer for companies everywhere, the process for applying for and receiving this loan forgiveness is certainly new (and possibly confusing) for everyone. There are three different types of forgiveness applications, two different covered periods, several different banks with different processes and a handful of new terms to understand. It's no surprise that the forgiveness process comes with a learning curve for companies, so where do you even start?In this episode of The Wrap, our guest David Crabtree, CPA, a Warren Averett Member and in-house PPP advisor, joins our hosts to answer the question: How do I file for PPP loan forgiveness, and what can my company expect?After listening to this episode, you'll be able to:Know when your company should file for PPP loan forgivenessKnow how long after you submit your application you can expect to receive loan forgivenessUnderstand the three different types of PPP loan forgiveness applications (and know which one applies to your company)Know the difference between two important terms when it comes to PPP forgiveness (your number of employees vs. your full-time equivalent)Understand how full-time equivalent is calculatedKnow how your company's headcount at the end of the covered period (or at the time of your application) affects your PPP loan Know which covered period (8 weeks vs. 24 weeks) should be used when you complete your forgiveness applicationRecommended Resources for Additional LearningPPP Update: Borrowers are Not Allowed to Deduct PPP Expenses if Forgiveness is ExpectedSBA Announces Loan Necessity Questionnaire for Borrowers with PPP Loans of $2 Million or GreaterWarren Averett's COVID-19 Resource PageThis episode was recorded on November 20, 2020 and reflects our views at the time it was recorded. Information within should be used as reference only. We recommend that you talk to your Warren Averett advisor, or another business advisor, for the most current information or for guidance specific to your organization.

During the current global pandemic, how are the nation's community banks performing in extending credit to struggling small businesses through the Small Business Administration's Paycheck Protection Program (PPP)? The FDIC's Diane Ellis and Angela Hinton discuss new evidence that reveals the deep roots community banks have into the nation's small business sector.

Since the CARES Act was passed earlier this year, one of its programs, the Paycheck Protection Program (PPP), has received the most attention, but it certainly isn't the only form of relief that the federal government provided in the pandemic. Less likely to show up in your Facebook news feed and farther away from the spotlight (but just as important), is the Provider Relief Fund, which was created to provide funding to healthcare service providers impacted by the pandemic. While this aid provides some much-needed relief to healthcare providers, the funding received could trigger some additional reporting requirements that healthcare providers may not have been subject to in the past.So, what does that mean for organizations that received these funds?Our guest, Carol Phillips, CPA, CFE, joins our hosts in this episode of The Wrap to discuss what healthcare providers should know about the Provider Relief Fund and what they can expect when it comes to the audits and reporting requirements that will ensue.After listening to this episode, you'll be able to:Have a basic knowledge of the Provider Relief Fund and how it's outlined in the CARES ActUnderstand reporting and audit requirements related to these fundsKnow the difference between Single Audits for nonprofit entities and for-profit entitiesUnderstand how Single Audits are different than other financial statement auditsAnticipate how to prepare for this kind of audit if your organization has never had one before

Lord Jamar recently had Dr Umar on his Podcast. During it he brings up the school. Lord Jamar tells Dr.Umar that his Father in Law has been running his own all Black school in Brooklyn for almost 40 years. He tells Dr Umar that he has spoken to his Father in Law and his in law told him that he would be willing to help Dr Umar get his school off the ground and LOONEY ALSO TALKS ABOUT THESE FAMOUS PEOPLE DOING PODCAST AND HOW THEY ARE NOT REALLY BUILDING OR AT THE VERY BEST BUILDING IN A DIFFERENT WAY TOPIC 3 Joe Budden PODCAST RETURNS AFTER 1 MONTH OFF Rap expert and podcast host Joe Budden doesn't mince words in describing the crumbling relationship between his show and Spotify. According to Budden, who ran through a list of candid grievances in a recent episode that aired on Spotify's own platform Is he taking the boxing model with promotions Joe Budden puts Rory under fire for hearing tory lanez album Cavalier White House approach to COVID catches up to Trump PPP Loan Fraud Enforcement 2.0: Preparing For The Next Round Of Scrutiny While the $525 billion Paycheck Protection Program (PPP), enacted as part of the CARES Act, has undoubtedly helped millions of deserving businesses survive the COVID-19 pandemic, it has also provided a unique opportunity for fraudsters to take advantage of the government's unprecedented largesse While the $525 billion Paycheck Protection Program (PPP), enacted as part of the CARES Act, has undoubtedly helped millions of deserving businesses survive the COVID-19 pandemic, it has also provided a unique opportunity for fraudsters to take advantage of the government's unprecedented largesse. The Justice Department has already filed charges against dozens of borrowers alleging PPP loan fraud, but federal authorities are preparing to cast a wider net that will dramatically expand the number of loans that face scrutiny. As we have written previously, the Justice Department and other federal law enforcement agencies have acted swiftly to identify and prosecute PPP loan fraud — in many cases while loans were still being made by the Small Business Administration (SBA). Since the CARES Act passed barely seven months ago, the Justice Department has filed criminal charges against 65 borrowers who it alleges collectively tried to fraudulently obtain $227 million in PPP loan funding, in loan amounts ranging from $30,000 to $24 million. These early criminal cases represent the most brazen examples of PPP fraud, such as borrowers claiming phantom employees and using PPP funds for personal items. But these early cases are just the beginning, as government investigators move beyond the most egregious examples of fraud to focus on more nuanced issues of potential fraud, such as eligibility for PPP loans, expenditure of PPP loan proceeds and loan forgiveness. At the same time, the Small Business Administration has vowed to audit all PPP loans in excess of $2 million and Congress has intensified its oversight (and criticism) of the PPP program. In this highly charged environment, we can expect to see more significant scrutiny of borrowers across the PPP loan spectrum, and not just for the most glaring instances of fraud. --- Send in a voice message: https://anchor.fm/its-up-there-podcast/message

This spring during the height of the Covid shutdowns I tried to apply for a Paycheck Protection Program (PPP) loan through Chase Bank, the large multinational bank that I used for business banking. After weeks of receiving no assistance from Chase, I reconsidered my banking choices in their entirety. I have now moved my business banking to a community bank in my region, and I am so happy that I did. I received immediate assistance on my PPP loan application, and I'm already beginning to see the long lasting benefits of banking within my local community. Today I'm joined by Paul Merski of the Independent Community Bankers of America (ICBA), a trade organization representing over 5,000 community banks, for a conversation about how Community Banks work to champion and support small businesses. In this episode, we'll cover: What community banking is, and how does it differs from large multinational banksCommunity banking's dedication to small business loans How keeping your money in your community bank supports a thriving local economyTips for moving your small business banking from a large bank to a community bank If you're interested in exploring how community banking could benefit your business, visit ICBA.org and use their bank locator to find a community bank near you. Let me know what you got from this episode! Take a screenshot, add it to your Instagram Stories, tag @andreasagerlaw and let me know! Links: Instagram Website FacebookTwitter Disclaimer: The Legalpreneur Podcast is advertising/marketing material. It is not legal advice. Please consult with your attorney on these topics. Copyright Andrea Sager Law 2020