How Are You Doing? We have all crossed over the 3 week hurdle and not a day goes by that I don't think of all of you and how you are holding up amid this rather insane period in human history. It is my hope that you and your family are all well and that [...]
Paycheck Protection Program Update: I have done a lot of research on the reasoning behind the Wells Fargo failure to provide businesses with Payroll Protection loans. Their limitations in the program stem from a little spoken of restriction placed on them by the Federal Reserve (not affiliated in any way with the Federal Government). The [...]
Paycheck Protection Program Update: So, over the weekend our bank of more than 30 years, Wells Fargo, finally provided a link to "pre-apply" for the Payroll Protection Program (PPP) at around 8:15 am on Saturday to be specific. I immediately submitted for our pre-applicaiton and received a notice that they would reach out to us [...]
Paycheck Protection Program Update: Over the last few days I have worked with Oscar to prepare the application and appropriate documents for our submission in the Federal Government's Payroll Protection Program, which began accepting applications this morning. I made an appointment to meet with our banker several days ago and I have spent hours on hold [...]
Paycheck Protection Program If you are following the National news, the President recently signed the Coronavirus Aid, Relief, and Economic Security Act” (CARES Act). This legislation provides over 2 trillion dollars to help re-stimulate the economy and to assist businesses with under 500 employees who have been adversely impacted due to COVID-19. This legislation allows [...]
Update on Evicitons From the Los Angeles Times 27 March, 2020. By LIAM DILLON STAFF WRITER With April 1 fast approaching, Gov. Gavin Newsom and the L.A. City Council on Friday expanded efforts to prevent residential evictions during the coronavirus pandemic. But the governor and councilmembers dismissed calls for broader action that housing advocates say would [...]
California Tax Filing I was able to confirm today that the State of California has extended the tax filing date from April 15th to July 15th. This coincides with the Federal tax filing deadline.
Use Your ATO/Sick Time I want you all to know that I understand the difficulties that everyone is having to confront at the moment and, next to remaining healthy, your income and finances are of great concern. Over the last few days I have been gathering a lot of information on how we can manage [...]
Credit Card Debt In my open letter to all staff on March 19th I let everyone know that I welcomed any suggestions regarding how we can all get through this time. Here is one that I must share as it can be of tremendous help to each and everyone of us. Jennifer Lindsey from [...]
No Evictions On March 15th, Los Angeles Mayor Garcetti issued an Emergency Order which implemented a number of measures designed to protect the public and contain the risk of contracting the COVID-19 virus. Additionally, the Mayor issued a temporary moratorium on evictions for non-payment of rent for tenants who are unable to pay rent due [...]
