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Previously this month the ERLC joined up with other faith companies in developing the Faith for Just Lending Coalition. The purpose of the coalition is raise understanding about families in economic crisis and just how high-cost financing negatively impacts them. One industry that usually takes advantageous asset of poor people as well as others in economic stress is payday financing. …

Compelling reasons why you should Retain Tax Exemptions for spiritual organizations (component 1)

The tax-exempt status of spiritual organizations stays an interest of conversation in US general general general public life.[1] Every so often, general general general public debate regarding this matter flares up, and also this seems to be among those times. In the just last year, a few prominent news outlets have actually posted articles and viewpoint pieces debating the knowledge of income tax exemptions. …

SBA problems brand brand new harbor that is safe tiny Paycheck Protection loans

A couple of weeks ago, the small company Administration (SBA) issued brand new guidance (FAQ 31) when it comes to Paycheck Protection Program that raised issues and doubt about whether nonprofit businesses and homes of worship could actually approve that their application for the loan ended up being “necessary” provided the present uncertainty that is economic. This guidance suggested that businesses will be expected to …

Distributing HOPE in the middle of poverty with small enterprises

If we understand that the indegent is always in our midst, exactly what should we do about any of it? (más…)