The CARES Act includes a provision allowing employers and the self-employed to defer a portion of social security tax payments for the remainder of 2020. Employers All employers are eligible to defer payment of the employer portion of social security taxes on wages paid from March 27, 2020 through December...
Maintaining communication and cash flow are key to keeping your business as healthy as possible during a pandemic. Luckily the technology exists to help streamline many areas of your business for the current situation. Video Communication – Phone calls are great, but video conference programs such as Zoom, Skype for...
April 3, 2020 by Sheila Denny-Andrews
The following resource from the American Institute of CPAs provides an overview of the Paycheck Protection Program, a loan meant to provide businesses with quick access to cash: AICPA paycheck-protection-plan-resource
April 1, 2020 by Allison Stevens
The Families First Coronavirus Response Act, has been signed by the President and includes mandatory paid leave requirements and related tax credits that will affect many small businesses. These new rules are effective April 1, 2020. Required Paid Leave Employers with fewer than 500 employees are now required to provide...