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Payroll Tax Deferral Relief

The CARES Act offers a payroll tax deferral relief. Your business can defer the 6.2% employer portion of the Social Security tax. That is a component of FICA tax on the first $137,700 of an employee’s 2020 wages. Note: That is for wages paid during the deferral period. The deferral period began on the 3/27/20 and will end on 12/31/20.

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Heme

COVID-19: a synthesis? A possible trial: MASSIVE red blood cell transfusions for some ill patients

Synthesis: noun, plural syn·the·ses  [sin-thuh-seez] . the combining of the constituent elements of separate material or abstract entities into a single or unified entity (opposed to analysis,) the separating of any material or abstract entity into its constituent elements. a complex whole formed by combining [disparate data elements]. If nothing else, I spend most of my day reading a LOT … Read more

The IRS Theirs

CARES Economic Impact Payments

The CARES economic impact payments for individuals are the checks from the federal government. They can be up to $1,200 for an individual. For a married couple they can be $2,400. If you have dependent children under the age of 17 can receive up to another $500 per child. NOTE: these payments are phased out … Read more

NH Governor could learn from South Dakota’s Governor: “My Responsibility is to Respect the Rights of the People”

While most governmental leaders in the U.S. are imposing lockdowns of one sort or another, Republican Gov. Kristi Noem is refusing to shut down South Dakota. At a press conference Wednesday, Kristi eschewed a one-size-fits-all approach to the pandemic. During this present viral threat, she’s interested in a specific kind of protection — that of individual rights: … Read more

Lakes Region Hospital has done the exact same stupid thing:

 How one Pennsylvania hospital system is navigating the coronavirus. “The Washington Health System in southwestern Pennsylvania has announced they are laying off healthcare staff due to several of their departments temporarily closing under the Gov. Tom Wolf’s state mandate that halted elective surgeries and diagnostic procedures. . . . In short, all of the routine, run-of-the-mill … Read more

Spending vs Jan 1

Data Point – Consumer Purchasing off the cliff

70% of the American economy is consumer driven.  With Government shutting it down (e.g., Ben Franklin’s saying again!), we can see how fast consumers shut their wallets (even those that still have jobs). The paper relies on data from a nonprofit “fintech” company that helps people save, and the researchers had access to (anonymized) data … Read more

Steve Negron - Easter message Screen Grab

Steve Negron Shares an Easter Message

“Whether you are Jewish. and you are celebrating Passover. or you may not even celebrate Easter the way I do, at the end of the day it’s about community. At the end of the day, it is about people coming together. And realizing that we’re bigger than just individuals.”

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