Sun.Mar 14, 2021

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Employee Retention Credit: The Impact on Small Businesses

Credit Corp

The following is a guest post by Jacob Dayan, of Community Tax. The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. It’s no big secret that small businesses have been hit hard by the economic effects of the coronavirus. In a recent industry study, over 100,000 restaurants closed , either temporarily or permanently, six months into the pandemic, The losses that have accumulated over this past year have created uncertainty over when and

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Debtor Alleges Thirteenth Amendment Violation; Court Says Debtor Has Standing to Assert the Claim; Decision on the Merits to Follow

PBWT

It’s rare for a debtor in bankruptcy to raise allegations of involuntary servitude and a violation of the Thirteenth Amendment. But one debtor did just that after a chapter 11 trustee was appointed to take over the debtor’s bankruptcy estate. The debtor alleged the constitutional violation on the ground that he would be involuntarily forced to work for his creditors.

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