Trending Now | By Lauren Detweiler October 14th, 2020

Counting Down the News - October 14, 2020

Counting Down the News - October 14, 2020

Having trouble sorting through the endless barrage of news and content online every day? You aren’t alone. Every week, we publish a curated list of some of our favorite articles for small businesses. Tune in every Wednesday to read the latest SMB news, thought leadership pieces from our favorite bloggers, #smallbiztips, and much more.

Counting Down the News this week: Easier PPP forgiveness for small loans, which group is dropping out of the workforce at an alarming rate, how restaurants can survive the stay-at-home era, and more.

The Hill: Work from home… forever? Under 30 percent of workers expect to return in person by the new year, according to a new survey.

CNN Business: Prepare yourselves, travel industry – another big round of losses for airlines is probably coming.

USA Today: According to the latest jobs report, about 865,000 women dropped out of the workforce in September, compared to 216,000 men.

Forbes: According to new guidance released by the SBA and Treasury Department, borrowers with Paycheck Protection Program (PPP) loans of $50,000 or less will be able to “self-certify they used the money appropriately and receive complete forgiveness.”

CNBC: Innovative winter dining experience, anyone? “Restaurant owners are turning to igloos, tents and other structures to keep their outdoor diners protected from the elements and warm as temperatures fall.”

Politico: It’s a tough year for business, and with economic relief talks in Washington still unresolved, many SMB owners are facing a dire situation. 

Fast Company: How can restaurants survive in the stay-at-home era? The owners of Milk Bar, Alinea, and Sweetgreen weigh in.

Entrepreneur: Looking for ways to maximize your time even while working from home? Six entrepreneurs share how they’re managing their day – and their sanity.

Small Business Trends: According to a new report, “45% of small businesses have stated that they have earned less than half of their Pre-COVID revenue.” 

The Hill: The Supreme Court is hearing arguments in a landmark $9B copyright case between Oracle and Google – one that could “fundamentally reshape the legal contours of the tech industry.”

Bonus content: 

  • Looking for help with the PPP forgiveness process? Our experts at TaxCPE converted the SBA’s very complicated instructions and side computations into a series of worksheets that make completing the SBA applications (Form 3508EZ and Form 3508) considerably easier. Download them here.

  • Also available: TaxCPE’s 2-hour "PPP Loans & Forgiveness" CPE webcast has just been released to answer your most difficult questions and guide you through the PPP forgiveness application with our comprehensive worksheets. See it here.

  • As the COVID-19 outbreak continues to disrupt our lives across the board, we’ve received many questions about how tax and accounting pros should respond. To help, we created a Coronavirus Resource Hub with all the info you need to keep up. Be sure to explore and bookmark this page as we’re updating it daily.

Don’t miss our most recent CountingWorks posts: 

Did we miss a great article this week? Let us know in the comments below!

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About Lauren Detweiler

I am equal parts marketer, traveler, and writer, and I've been doing all three for as long as I can remember. I have spent most of my time since graduating university traveling and working remotely in Africa and Europe. My passion lies in conveying the right messaging to the right people, and being a part of the CountingWorks and TaxBuzz team means I get to do that not only for our company, but for clients across the country as well.

All Articles by Lauren Detweiler

2549 Eastbluff Drive #448
Newport Beach, CA 92660

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