we test whether, with the onset of the COVID-19 pandemic, the self-employed lost more hours than the employed and whether traditionally disadvantaged self-employed racial minorities faced harsher penalties in the form of reduced hours of work. Though spatially concentrated ethnic minority colocations...
(A) an inability to rehire employees who had been employed on February 15, 2020, and an inability to hire similarly qualified employees for unfilled positions byDecember 31, 2020, or (B) an inability to return to the same level of business activity at which the borrower was operating before...
19). Sex workers’ contractual status forms an obstacle to the realization of many rights. While, in theory, they can work as self-employed, as employees or in the so-called opting-in system, in practice, very few sex workers are employees, e.g. of a brothel (Breuer & Intraval, ...
Businesses owned and operated by an individual tribal member are also eligible for the above deferral, including any business owners who are self-employed. Self-employed taxpayers can also defer the employer’s portion of Social Security taxes in the self-employment tax. However, this deferral won...
Loans used to pay salaries are capped at $100,000. The program is available to businesses with 500 or fewer employees. Self-employed individuals can apply for a PPP loan, but partners cannot (although their income can be included in the partnership’s PPP loan application). The maximum loa...
The U.S. Chamber of Commerce has issued this guide and cheat sheet to help small businesses and self-employed individuals prepare to file for a loan from the CARES Act's Paycheck Protection Program. Topics/ Security and Resilience/ Pandemic/ ...
Taxpayers (including those who are self-employed) will be able todefer paying the employer portion of certain payroll taxesthrough the end of 2020. The delay provisions apply to all employers regardless of size. The 2020 deferred amounts will be due in two equal installment...
COVID-19 cases subsequently increased exponentially, and a host of measures have been rapidly implemented to decelerate the spread of SARS-CoV-2 (‘flattening the curve’) to reduce the impact on the healthcare system, including social distancing, self-isolation and lockdown strategies. Financial ...
‘not feel confident that they will be employed in the future’ (this including 25%, of those furloughed). The study (also drawing on interviews with 19 older people) attested to older people feeling that ‘they were at an in-between stage – too young to retire but too old to be ...
MOF:Circular about Furthering Increasing Interest Subsidies for Guaranteed Loans to Startups and Supporting Key Groups of People to Start New Business or Get Employed(CN) (Cai Jin [2020] No.21) For small and micro firms, if 15 percent of their employees are newly hired, ...