Jan 12, 2021
The None of Our Businesses Crew get together to talk about employees being lazy and going against a strong work ethic coined as touching fish, changes to the employee retention credit, jobless claims and the use of unemployment benefits are still high by the beginning of 2021, gig economy workers more easily classified as contractors, what to consider if you might be in a dying industry, a tax bomb may be waiting for Mom & Pop businesses, IRS stimulus tax breaks, having multiple revenue streams.
Touching Fish - https://www.scmp.com/lifestyle/article/3116109/young-employees-rebel-against-chinese-work-ethic-being-lazy-refusing
Retention Credit - https://www.forbes.com/sites/anthonynitti/2020/12/25/breaking-down-the-employee-retention-credit-part-1/?sh=cd031ebf3d36
Unemployment - https://www.zerohedge.com/personal-finance/2020-ends-around-20-million-americans-still-jobless-benefits
Dying Industry - https://hbr.org/2021/01/worried-you-might-be-in-a-dying-industry?ab=hero-subleft-1
Mom & Pop - https://www.cnbc.com/2020/12/29/small-mom-and-pop-businesses-that-took-ppp-loans-may-face-a-tax-bomb.html
Stimulus Tax Breaks - https://www.accountingweb.com/tax/irs/new-irs-stimulus-tax-breaks-and-economic-relief
Revenue Streams - https://www.entrepreneur.com/article/343432
None of Our Businesses Episode 61, January 2021