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Covid-19 Archives - Wealthspire

burnout

Striking the Balance: 10 Tips for Managing Burnout While Building Your Career

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Like millions of folks around the world, my life took a complete turn in April of 2020. Within seven days, I went from living and working in a bustling city to working from a dining room table at my family home in rural western Washington. My days once filled with meetings, lunchtime walks with my colleagues, and busy evenings pivoted to what felt like a never-ending cycle of waking up, caffeinating myself, sitting stationary at my computer for hours, and late nights. Without consistent days in an office and social gatherings with coworkers and friends, the lines between work and…
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Brief Update: New Executive Order May Help Small Businesses

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Last week, President Biden announced an executive order aimed at accelerating the country’s path out of the pandemic. There are three elements in the “Protecting Our Economic Recovery” portion of the plan, each of which is expected to be fleshed out more in the future. The most notable change is an increase in the maximum amount of funding small businesses can borrow through the COVID Economic Injury Disaster Loan (EIDL) program, from $500,000 to $2 million. This program provides long-term loans from the Small Business Administration at low interest rates – 3.75% fixed for businesses; 2.75% for private nonprofits –…
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Paycheck Protection Program (PPP) and Employee Retention Credit (ERC) Updates

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There has been an almost constant buzz over the past few weeks concerning various stimulus packages and potential tax code changes. A disciplined planning process certainly incorporates what is known, while also exploring what might be.   With the combination of President Biden’s inauguration and Democratic control of both houses of Congress, along with nearly $9 trillion of stimulus spending, most anticipate tax increases for both individuals and corporations. In this blog written prior to the election, our team provides a recap of some of the initial Biden proposals. As the elections (including Georgia runoffs) are now complete, expectations are becoming somewhat…
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PPP loans Flexibility Act

Paycheck Protection Program (PPP) Loans: Round 2 Updates

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The Small Business Administration (SBA) recently released more information regarding the second round of Paycheck Protection Program (PPP) loans as the application process opened Monday, January 11 under the $284 billion program authorized by the $900 billion stimulus relief bill signed on December 27, 2020. The loans are available to both first time and second time borrowers. In an effort to give priority to underserved businesses including veteran, minority, and women owned businesses, only loans from community financial institutions will be accepted initially (starting January 11 for first time borrowers and January 13 for second time borrowers). It has not…
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2020 internship program

Our 2020 Internship Program

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Like many others, we are now almost five months into a remote work environment, a shift that continues to require flexibility, creativity, and commitment from our team. We have all had to adjust and adapt to working differently in a COVID-19 world. Beyond the daily impact on our normal work routines, the current extended period of telework also called into question the viability of some of our traditional talent management programs, like our summer internship program. Going into this summer, the simplest path would have been to cancel our intern program, given our inability to conduct it in person. The…
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