Finance

L.A. COUNTY BUSINESS AND WORKER DISASTER HELP CENTER OPENS

Today, with support of the Los Angeles County Board of Supervisors, the Departments of Consumer and Business Affairs (DCBA) and Workforce Development, Aging and Community Services (WDACS) are proud to announce the launch of the new L.A. County Business and Worker Disaster Help Center, a new centralized call center and website providing free, one-on-one counseling and support for business owners and workers who have been adversely affected by the ongoing Coronavirus/COVID-19 emergency.

Constance Anderson Brings Resources and Capital to Underserved Communities at The Center

As President of The Center for Strategic Economic Studies and Institutional Development (“The Center”), Constance Anderson wields her expertise in finance to help women and minority business owners in historically underserved communities grow and thrive. In an industry in which 32.5% of c-suite leaders are women, Anderson has proved herself a force for change.

Q and A: What Does 90-Day Tax Payment Delay Mean?

The Trump administration has announced that most individuals and businesses will be allowed to delay paying their federal tax bills for 90 days as part of an emergency relief plan amid the coronavirus pandemic. Some questions and answers about the delay and its potential impact on the U.S. economy. ___ DO I STILL NEED TO FILE? Yes. The details on the program are still scant. But as of now, taxpayers need to file their federal tax returns by the traditional April 15 deadline. The 90-day extension is solely for the money that is due. Those delayed payments are now due

SBA Offers Disaster Assistance to California Small Businesses Economically Impacted by the Coronavirus (COVID-19)

The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to California small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced today. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, to declare a disaster following a request received from Gov. Gavin Newsom’s designated representative, Director Mark S. Ghilarducci of the Governor’s Office of Emergency Services on March 13, 2020.

The Poverty Paradigm

You might think that the kind of generational poverty that would concern a global powerhouse like the United States of America, let alone the paradise we call Southern California, is a non-conversation in this country. Yet the special rapport on poverty, racial equity, and human rights is an appropriate link. The notion that we have a low unemployment rate, but a high under-employment rate, increased homelessness, immigration, food insecurity, poor education, immigration political wars, and racial inequity, when correctly interpreted, the numbers suggest that we have an urgent problem.

Love or Money: The Choice That Can Drive Your Relationship into the Fast Lane

Being in a relationship is a journey. So no matter where you are in your relationship, financial compatibility will play a huge role in the success of your relationship. You have to have the resources and the resiliency to provide for yourself and your loved ones, and also be able to weather all that life throws at us. So if you had to choose between either love or money, what would you choose? In reality, the two almost always go hand-in-hand.

Master P Conducts A Master Class with JP Morgan Chase to Close Out Black History Month

Percy “Master P” Miller is arguably one of the most accomplished African American artists and entrepreneurs of his generation who has achieved success across multiple industries. JPMorgan Chase hosted Miller for a fireside chat at its annual Advancing Black Pathways Black History Month event for Los Angeles last week.

Do you have a viable business idea?

You may already have an idea in mind, but before you jump into it, it’s best to double-check that your idea has what it takes to generate sales and satisfy your career goals. If you think you’re ready to be your own boss, here are some tips on choosing a viable business idea.

Comerica Bank Names Irvin Ashford, Jr., Chief Community Officer

Comerica Bank has named Irvin Ashford, Jr., its new Chief Community Officer. Ashford, will be responsible for community reinvestment nationally and all associated activities, including development, lending, community investments, volunteerism and data analysis. Additionally, he will lead Comerica’s diversity business resource groups. Ashford previously served as Comerica’s National Director of Financial Education and External Affairs and will maintain these responsibilities in his new role. Ashford will report directly into the Office of the Chairman.