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2. Loan-out corporation - Wikipedia

   en.wikipedia.org/wiki/Loan-out_corporation

   Loan-out corporations are able to defer their taxable income to the following taxable year. This is a result of the corporation being able to select its taxable year of income, from any fiscal year. [10] However, the loan-out corporation must select a fiscal year that ends between September and December.

3. Employee Stock Ownership Plan - Wikipedia

   en.wikipedia.org/wiki/Employee_Stock_Ownership_Plan

   In an ESOP, a company sets up an employee benefit trust that is funded by contributing cash to buy company stock or contributing company shares directly. Alternately, the company can choose to have the trust borrow money to buy stock (also known as a leveraged ESOP, [6] with the company making contributions to the plan to enable it to repay the ...

4. Paycheck Protection Program - Wikipedia

   en.wikipedia.org/wiki/Paycheck_Protection_Program

   If the PPP loan was made before June 5, 2020, and the borrower chooses to use an 8-week covered period, then the maximum amount of loan forgiveness for compensation for self-employed individuals and owner-employees is equal to the lesser of 15.38% of their 2019 compensation or $15,385 per individual in total across all businesses. [85]

5. Wayne commissioners split on benefit to help employees ...

   www.aol.com/wayne-commissioners-split-benefit...

   The Wayne County commissioners voted 2-1 for a contract with a company that will help employees navigate the Public Service Loan ... It is meant to give individuals incentive to pursue careers in ...

6. 17 Broward sheriff’s employees face charges of fleecing ...

   www.aol.com/dozens-broward-sheriff-employees...

   The Paycheck Protection Program allocated about $800 billion in loans through banks that were entirely guaranteed by the Small Business Administration and, in almost all instances, forgiven as ...

7. Hundreds of OpenAI’s current and ex-employees are about to ...

   www.aol.com/finance/hundreds-openai-current-ex...

   A group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares as part of the company’s $1.6 billion tender offer to SoftBank, a source has told Fortune.