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Understanding Small Business Taxes in 2021

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The program gives employers up to $7,000 per employee per quarter that they were shut down or experienced “significant decline in gross receipts” aka loss in revenue. Talk to your payroll provider, accountant, or check out the IRS guidance on how to apply for this tax credit. Plan for repayment of deferred social security taxes.

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Transcript: Gary Cohn

Barry Ritholtz

He knows how to manage risk, and he knows how to trade for a profit for a p and l. So then we decided, look, look, maybe we should put all of these businesses together and create a securities division. And that’s how we created the securities division. We now had the securities business. He knows how to run a team.

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