Tax time is always complicated for freelancers and business owners, but this year, it's especially swampy.
Pandemic relief programs that helped small companies and self-employed individuals created new tax challenges. And many people had unusually jumbled patchworks of jobs and income sources last year.
"I'm kind of scared," said Celeste Holcomb, an artist and designer . In 2020, her income included book royalties; fees for illustration, design jobs and work done through a gig platform; wages from a contract job at a university publisher; and, for several months, unemployment benefits. Ms. Holcomb, who plans to do her taxes herself, expects to spend hours wading through records and tax documents to figure out what she owes.
Quite a lot has been going on:
Subway Restaurants moving 'customer facing' businesses from Connecticut to Miami | Fox
Subway Restaurants is moving several of its business units to Miami in a move that will lead to even more layoffs at its Milford, Conn., campus, The New York Post has learned. The chain that rose to fame selling $5 footlongs told its staffers on Thursday that it will be moving all of its “consumer facing” businesses to Miami, including culinary, marketing and “global transformation.
TIKTOK CONFUSED BY SUBWAY CUSTOMER'S SANDWICH REQUEST: 'THAT AIN'T A SANDWICH' In a memo to staffers Thursday, Subway touted Miami as a place that would allow the company “to keep our finger on the pulse of more cultural conversations and the evolving tastes of the modern consumer.” “With its dynamic business climate, diverse population and multicultural influences, it was the ideal place to transition some of our consumer-facing roles,” the memo said.
Friday's business headlines - WISH-TV | Indianapolis News | Indiana Weather | Indiana Traffic
INDIANAPOLIS (WISH) — Here’s a look at Friday’s business headlines with Jane King.
* * *
Novavax’s COVID-19 vaccine was 96% effective in preventing cases caused by the original version of the coronavirus.
An Amazon spokesperson confirmed the location of five future stores, but declined to comment on the rest of the locations identified by Bloomberg from planning and permitting documents, state licensing rolls and news reports.
Small Business Fairness Act SB430 | Sierra News Online
SACRAMENTO – The Small Business Fairness Act (SB 430), introduced by Senator Andreas Borgeas (R–Fresno), was approved by the Senate Governmental Organization Committee. The Small Business Fairness Act is part of Senator Borgeas' Economic Recovery Package, which includes SB 74 and SB 265 .
Senate Bill 430 requires state agencies to work with small businesses and establish policies to waive or reduce civil penalties and fines for small businesses. Senator Borgeas, who has been a staunch advocate for helping small businesses during the pandemic, says the bill will help struggling businesses with the economic fallout resulting from the COVID-19 pandemic.
In case you are keeping track:
'A Portland we all can be proud of': Business owners unveil Downtown Action Plan |
PORTLAND, Oregon — Businesses owners, frustrated with continued vandalism, trash and safety concerns in Portland, shared a Downtown Action Plan Thursday. They're calling on elected officials to support them as they work to lift each other up.
"We gotta keep believing in one another, we can't give up on our city," said Cedric Berry, owner of Berry Insurance and Financial Services Inc . Berry's offices are in downtown Portland, but right now he and his employees are working from home. Their reasons for that go beyond the pandemic.
Restaurants, salons and other businesses for sale in Alexandria | ALXnow - Alexandria Now
The latest listings on BizBuySell show businesses for sale in and around Alexandria. Many are restaurants, which have been heavily impacted by the pandemic.
The website aggregates numerous business sale listings. The names and locations are generally left out, but there are exceptions.
Reasons for selling, when provided, typically do not mention economic hardship, but more often involve the owner retiring or not having time to actively run the business.
Is business travel extinct? | The Seattle Times
I once flew round-trip from San Francisco to London to participate in an hourlong discussion about a book. Another time it was San Francisco-Hong Kong, Hong Kong-Singapore and back again for two lunch meetings, each more lunch than meeting. I went to Atlanta once to interview an official who flaked out at the last minute.
I confess to this partial history of gratuitous business travel knowing that I'll be screenshot and virally mocked: Check out The New York Times columnist whining about all the fabulous trips he's had to endure!
Happening on Twitter
Spain to grant gig delivery workers employee rights - yeah baby https://t.co/HpZDvvHpLf JoshBBornstein (from the land of the coal wars) Fri Mar 12 05:17:20 +0000 2021
Republican Rep. Carol Miller of West Virginia is against the stimulus bill because she wants to defend America's un… https://t.co/G9GzhNqUJj keithboykin (from New York) Wed Mar 10 17:53:04 +0000 2021
The federal stimulus bill has a huge tax change for gig workers https://t.co/KqIaTwixus https://t.co/cMRpk4ZgzP Forbes (from New York, NY) Fri Mar 12 16:02:08 +0000 2021
No comments:
Post a Comment