1099-K Changes Impact Small Firms and Individuals

With the passage of the American Rescue Plan Act in 2021, an important provision related to the 1099-K tax form affects those who receive payments through third-party networks. Just a few examples of those who may be affected: anyone paid for a side hustle through Paypal, who sells on eBay, or who contracts with companies such as Uber and Lyft.

In this post, we’ll focus on the capacity and productivity impacts of this tax law change on a variety of stakeholders.

WHAT […]

Santa Barbara Chick-fil-A Too Successful?

Santa Barbara’s Chick-fil-A restaurant has been so successful that cars back up onto the road in front of the restaurant for about 90 minutes a day, and up to 155 minutes a day on Saturdays.

The backups have become such a problem that the City is in process of declaring this Chick-fil-A a public nuisance.

Santa Barbara has an ordinance that bans the construction of new drive-thru restaurants, but this Chick-fil-A location was previously a Burger King restaurant with a drive-thru, and […]

California Bans Gas-Powered Cars

California has set 2035 as the deadline for requiring all new automobiles to be zero-emission.

This move will eliminate new gasoline powered vehicles from being sold in California.  Existing gasoline powered cars could still be owned and sold.  The ban will also include medium and heavy-duty trucks by 2045 where feasible.

The measure is estimated to reduce California’s greenhouse gas emissions by 35%.  California’s Governor encouraged other states to join their ban for the good of the environment.  At the moment, over […]

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