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Beginning April 6, 2021, the U.S. Small Business Administration (SBA) is expanding its Economic Injury and Disaster Loan (EIDL) program, the organization announced in a press release. Small ...
A personal loan may offer a cheaper way out of tax debt if you can meet 3 key criteria. Learn the benefits and drawbacks — including alternatives — in this comprehensive guide.
Jan. 21—The U.S. Small Business Administration has distributed more than $257.3 million in disaster loans for 1,391 applicants who sustained property damage from the Aug. 8 wildfires and high ...
The Illinois Department of Revenue (IDOR) is the code department [1] [2] of the Illinois state government that collects state taxes, operates the state lottery, oversees the state's casino industry, oversees the state's thoroughbred and harness horse racing industries, and regulates the distribution of alcoholic beverages throughout Illinois, including beer, wine, and liquor. [3]
Only four members of the Illinois House of Representatives voted against placing the amendment on the ballot (Democrats Barbara Flynn Currie, Laura Fine, Elaine Nekritz, and Pamela Reaves-Harris). [1] The four published an op-ed in which they argued, "Experience has demonstrated that unexpected events can have drastic impacts on our state ...
The loans are available through the Farm Service Agency (formerly Farmers Home Administration). EM loan funds may be used to help producers recover from production losses (when the producer suffers a significant loss of an annual crop) or from physical losses (such as repairing or replacing damaged or destroyed structures or equipment, or for ...
Interest payments on student loans, mortgages and business loans can be reported as tax deductions. However, personal loan interest payments only qualify as tax-deductible under certain circumstances.
The PPP loan amount is equal to 2.5 times the average monthly payroll costs. For applicants with an Economic Injury Disaster Loan (EIDL) made between January 31, 2020, and April 3, 2020, the PPP loan amount could be increased by the outstanding amount of the EIDL, less any advance received under an EIDL COVID-19. [18]