Thursday, April 18, 2024

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COMMUNITY RESOURCE: Harold M. Horvat, chairman, CEO and president of Centreville Bank in West Warwick, says he understands the bank’s impact on the local community, which is why it focused on helping small-business owners gain access to Paycheck Protection Program loans to stay open and retain employees during the COVID-19 pandemic. / PBN PHOTO/RUPERT WHITELEY

Harold M. Horvat

PBN 2021 Leaders & Achievers Awards Harold M. Horvat | Chairman, CEO and President, Centreville Bank Harold M. Horvat has been at the helm of...

Five Questions With: Michael Garcia

Michael Garcia is a partner in the enterprise solutions group for Kahn, Litwin, Renza & Co. Ltd., a tax and accounting firm based in...
COVID CASUALTY: Stephanie lgoe stands in front of the former Hallworth House building in Providence, a nonprofit nursing home where she served as administrator before it closed in the summer of 2020 due to the COVID-19 pandemic. / PBN PHOTO/MIKE SKORSKI

UNCLEAR CARNAGE: Just how badly has pandemic hurt R.I.’s small businesses?

Heather Wall still gets emotional when she drives past the empty storefront on Frenchtown Road in North Kingstown. The darkened space in Hunt River Commons...
THE R.I. SENATE has passed a bill that would raise the state's minimum wage to $15 per hour by 2025. / PBN FILE PHOTO/ARTISTIC IMAGES

R.I. issues guidance for businesses filing taxes on PPP loans

PROVIDENCE – The R.I. Department of Revenue and Division of Taxation issued tax filing guidance on Monday for businesses that received Paycheck Protection Program...
BUSINESS TAX: Gov. Daniel J. McKee backed a state budget provision that taxes forgivable Paycheck Protection Program loans above $250,000. Rhode Island is one of only 10 states to do so. / AP FILE PHOTO/STEVEN SENNE

Health of the economy must be a priority for pandemic aid...

The federal government continues to dole out local pandemic relief, but spending it well still relies on the sound judgment of state and municipal...

GA passes $13.1B fiscal 2022 budget

PROVIDENCE – The Senate approved a $13.1 billion fiscal 2022 state budget late Thursday by a vote of 30-7 that leaves untouched $1.1 billion...

Senate finance panel approves $13.1B FY2022 budget

PROVIDENCE – The R.I. Senate Committee on Finance approved a $13.1 billion fiscal year 2022 budget on Wednesday with a unanimous 12-0 vote. Committee Chair...

Is the increased $250,000 threshold for state taxation of Paycheck Protection...

State lawmakers are poised to approve a $13.1 billion fiscal 2022 state budget that includes a provision backed by Gov. Daniel J. McKee that...
AT THEIR POST: John and Sarah Cullen behind the counter of their gift shop Solstice on Water Street on Block Island. They’re hoping for a very busy summer. / PBN PHOTO/CASSIUS SHUMAN

BRACING FOR THE WAVE: Tourism industry ready for big rebound, but...

A year ago, John and Sarah Cullen were fearing for the future of their Block Island gift shop. With supply chains choked by the COVID-19...

House passes $13.1B fiscal 2022 budget, includes amendment for PPP-taxed businesses

PROVIDENCE – After some spirited debate, the House on Thursday approved a $13.1 billion fiscal 2022 budget by a vote of 64-10 that was...
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