News: Tags
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Are Proceeds from Paycheck Protection Program (PPP) Loans Taxable?
Notice: expenses paid from PPP loan proceeds may not be deductible if the PPP loan is forgiven under the program
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Business Insider: With No COVID-19 Relief in Sight, the Private Bus Industry Could Collapse
The private bus sector's demise would leave large swaths of the country without any realistic transport options.
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CNN: 80,000 Furloughed as Bus Industry Grinds to a Halt
"Every small business I think across America is hurting at some level," Pantuso said. "But there are very few other industries that are almost completely shut down with no hope of coming back for at least six months, next year
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Politico: Thousands of Aviation Layoffs Loom amid a Dysfunctional Congress
"With other modes of transportation, like the airlines, asking for more money in addition to what they received in the CARES Act, we are asking for Congress and the Administration to help us first before giving even more to those
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Bus Industry Asks Congress to Give Financial Assistance to Industries that Have Yet to be Helped
"This is not a theoretical situation of what will happen to the United States transportation system IF the motorcoach industry fails, but more of a real scenario of who will pick up our customers and rescue American citizens in harm's
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New Report Details Motorcoach Industry's Dire Situation
DePaul University's Chaddick Institute for Metropolitan Development recently released a report outlining the dire situation currently facing the motorcoach industry.
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BUSRide: ABA President: Congress Missed the Bus
BUSRide editors spoke with Peter Pantuso about Congress’ failure to include the motorcoach industry in the CARES Act; what that means for intercity bus operators and the American economy at-large; and how operators can help themselves and their industry today.
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