April 09, 2020

National Oceanic and Atmospheric Administration Seeking Input

NOAA recently stood up a team of experts from across the agency to collect and analyze COVID-19-related impacts on the U.S. commercial seafood industry, including wild harvest and aquaculture. They are interested in learning about the virus’ impacts on their employees, their business, the businesses they support, and the broader seafood supply chain. They are . . . MORE

April 04, 2020

The Cares Act and Commercial Fishermen

The CARES (Coronavirus Aid, Relief, and Economic Security) Act was signed into law on Friday, March 27, 2020.  At $2 trillion, it is the largest economic stimulus/relief package in US history.  Its primary intent is to counterbalance the unusual financial stress placed on individuals, small businesses, borrowers, and certain sectors of the economy by the coronavirus . . . MORE

March 30, 2020

Financial Minute with Robert Seid – The Value of Depreciation

Commercial fishermen have financial landscapes containing both unique challenges and opportunities.  From seasonal cash flow & large, unpredictable boat expenses to corporate tax structures & small business ownership, our financial situations are far from the norm.  The following tips have been compiled by a skipper, for skippers.  Creating wealth as a fisherman takes skill.  Preserving . . . MORE