With the IRS warning about “ERC mills” – third parties improperly advising businesses to claim the employee retention credit, UMD’s Sam Handwerger explains Congress’ shifting guidelines, “less-than-scrupulous consultants” and a newly bolstered IRS as “a perfect storm” for exposure of ERC fraud.
Tag: CARES Act
UIowa expert believes ban on airline stock buybacks should be allowed to expire September 30.
Petra Sinagl, assistant professor of finance at the University of Iowa’s Tippie College of Business, is an expert on airline stock buybacks. She believes the stock buyback ban, which has been in place since 2020 as part of the federal…
Building a mobile, virtual reality classroom
The J. Willard Marriott Library, in partnership with Teaching and Learning Technologies (TLT) and the School of Biological Sciences at the University of Utah, have designed and built the U’s first off-site virtual reality (VR) biology laboratory for student use.
Who you know matters, even when applying for PPP loans
New research is exposing how — with little oversight or accountability — lenders prioritized PPP loan applications from businesses with prior lending relationships or personal connections to bank executives in the early stages of the program.
Whether or Not They Used Federal Payroll Loans, Firms’ Value Increased
A new National Bureau of Economics Research study examines some of the effects of the $659 billion federal Payroll Protection Program, a central piece of the Coronavirus Aid, Relief, and Economic Security Act passed by Congress last March.
COVID-19 and the Future of Education
The year 2020 hasn’t just been one for the history books: It’s made quite an impact on K-12 grade books as well. As the COVID-19 pandemic drags on into another school year, the school playground has instead become a battleground for adults — teachers, parents, school administrators, public health officials, lawmakers — rowing over the future of education: Should schools reopen? Is remote learning just as effective as in-person classes, and is the technology available to ensure equity for all students? For schools that open, is enough funding available to effectively protect teachers and students from COVID-19? For those that don’t, what about parents’ need to return to work despite the need for at-home teaching? For answers, we turned to Bradley Marianno, a UNLV College of Education professor and expert on teachers’ unions.
Study Suggests Less Costly Approach to Pandemic Economic Stimulus
Johns Hopkins Carey Business School researcher Vadim Elenev, who worked with colleagues from the Wharton School of Business and Columbia Business School, describes a research model that would have achieved results similar to those of the U.S. economic stimulus, but at a lower cost.
WashU Expert: What tax refunds tell us about use of CARES payments
A $2 trillion, bipartisan relief package — the largest in U.S. history — was signed into law March 27 to address the economic downfall fueled by the COVID-19 pandemic. Will it help?Research examining how households use similar payouts, like the tax refund, can help shed light on what households might do next, says an expert on asset building at the Brown School at Washington University in St.