Jan 19, 2021 | Public Policy, Small Business
Economic Injury Disaster Loans and Grants ran out of money appropriated by the CARES Act. The latest recovery bill signed in late December will bring them back. You can now apply on the SBA website HERE. When the program began, the SBA announced the grants would be...
Jan 19, 2021 | Public Policy
The Texas House of Representatives has 150 members, each representing about 190,000 Texans in the Legislature. A part of Arlington is included in the district of five state representatives: Jeff Cason, Matt Krause, Tony Tinderholt, Chris Turner and David Cook. If you...
Jan 13, 2021 | Public Policy
At noon on January 12, the Texas House and the Texas Senate gaveled in the start of the 87th Texas Legislature. Lt. Governor Dan Patrick opened the Senate and Secretary of State Ruth Ruggero Hughs opened the House. The first order of business in the House was the...
Jan 11, 2021 | Small Business
Congress made changes to the PPP loans in the end of year Pandemic Relief Package. If you received a PPP loan four major changes impact you: The regular business expenses paid with the PPP proceeds will be tax-deductible. While only 40% of PPP proceeds can be used...
Jan 11, 2021 | Small Business
The year-end pandemic relief bill expanded the employee retention tax credit beginning January 1, 2021. The prior credit was limited to $5,000 per employee. The expanded credit can apply to up to $14,000 per employee. Under the previous rules, an employer had to...
