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🔒Watch out for these PPP tax surprises

One of our government-provided assistance plans during the pandemic was the Paycheck Protection Program loan. The Small Business Administration, with the help of banks, gave out more than 5 million loans, making this program one of the most popular for small business. There was a great deal of confusion getting these loans and even more confusion later, as the rules and regulations changed. 

🔒What it means to be an ally

I interviewed Jake Sumner, upper school dean of student life at Worcester Academy; he is a white,...

10 Things I know about … Holiday cyber scams

With so many people working from home on all sorts of devices, make sure these endpoints continue to receive the latest security patches and software operating system updates to lessen your chance of compromise.

🔒101: Prioritizing

Successful leaders have a honed sense of focus on their company’s projects and what should take priority. They are also skilled at juggling talent, resources and individual department needs with the company’s needs to make it all happen.
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🔒Museums can sell their collections? Lease them instead

On April 15, the American Association of Museum Directors board announced it passed two resolutions amending its ethical standards. These resolutions are a policy reversal on their prior position on meeting institutional operating costs both by accessing restricted endowments and by using the proceeds of selling items in the museum’s collection.

🔒10 Things I Know About … Building community amid racial unrest

10) Black Families Together convenes hundreds of Black people in Worcester, to address racism and the inequities existing for Black people. Priorities include business ownership and access to capital. 

🔒What my high school and college employees taught me

The expectation I have seen from those who do not know me personally was daunting over the summer. I am a person behind the business with 22 other people with feelings and emotions with all going on in the world, too.

🔒101: Employee stress

What can we – as leaders of an organization – do to address employee stress? It can seem like an overwhelming task, but experts say much can be accomplished by simply opening lines of communication and regularly considering team members’ status and circumstances.
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🔒Are you still asking why diversity matters?

If you are still asking this question, then you are behind the times. If your business is still thriving without attention to diversity and inclusion, I can promise you your organization is going to plateau or go under, sooner rather than later, as more culturally attuned organizations outperform yours. Data backs this up.

🔒The latest rules on PPP loan forgiveness

Many recipients of federal Paycheck Protection Program loan proceeds are now beginning the process of applying for loan forgiveness. The U.S. Small Business Administration recently issued additional guidance on PPP loan forgiveness. There are some key takeaways proving helpful with regard to owner-employees, eligibility of certain rental and mortgage interest payments, and related-party rent.
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