Simplified PPP Forgiveness Form 3508SRecipients of PPP loans can now apply for forgiveness using the simplified PPP forgiveness Form 3508S if they borrowed $50,000 or less. This form was just released by the treasury and the SBA on October 8, 2020. It provides new guidance on the forgiveness ...

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The Major Challenges Facing Cannabis Payroll Tax ReportingAnd What Business Owners Can Do About ItThis guide gives an overview of the problems affecting cannabis payroll tax reporting. At a federal level, marijuana is illegal. However, several states classify the drug as legal. Undeniably, the varying legal standpoints create ...

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What do the codes in Box 12 on my W-2 mean? This article focuses on what the codes in Box 12 on Form W-2 mean. Reading your Form W-2 can be tricky and knowing what these Box 12 codes on the W-2 mean is very important. This article ...

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How to read your W-2 Form This is a guide on how to read your W-2 form. Preparing W-2 forms for filing with the Social Security Administration can be tricky. This article will help: Employer seeking to fill out the forms correctly. Employees trying to understand the numbers ...

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New Back-to-School FFCRA Guidance from the Department of Labor (DOL) Ever since it became clear that not all schools would be fully reopening for the new school year, employers and employees alike have been wondering how the federal Families First Coronavirus Response Act (FFCRA) would apply in the ...

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Temporary Employee Tax DeferralThe temporary employee tax deferral program is as a result of a Presidential memorandum. On August 8th, President Trump directed the Treasury Secretary to use his authority to defer the withholding, deposit and payment of employees’ portions of Social Security taxes from September 1 through ...

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Significant Changes to the FFCRA Rules A federal court in New York recently struck down four federal Department of Labor (DOL) rules related to the leaves provided by the Families First Coronavirus Response Act (FFCRA). As a result, certain aspects of the FFCRA are now more favorable to ...

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California Online Sexual Harassment Prevention TrainingThe California Department of Fair Employment and Housing (DFEH) has released its California online non-supervisory sexual harassment prevention training courses. The training courses are available here. Employees must be paid for time spent taking this training. This online training from DFEH is a compliant ...

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The Paycheck Protection Program (PPP)Also known as the Corona-virus Aid, Relief, and Economic Security Act (CARES Act)On Friday, March 27, the President signed the Corona-virus Aid, Relief, and Economic Security Act (CARES Act). The new law is a $2 trillion economic stimulus package designed to repair the economic ...

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Families First Coronavirus Response Act (FFCRA)The Emergency Sick and Family Leave Measure for American WorkersFamilies First Coronavirus Response Act (FFCRA) is an emergency initiative in response to the impact of Coronavirus on American workers and businesses.There are a number of relief measures the FFCRA provides, including:Paid sick leave/timePaid family ...

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​5 Tips to Increase the Value of Your Accounting​With tax season in full swing, you may be looking for ways to increase the value of your accounting. Maybe you're hoping to expand your client base. Or perhaps you'd like to give your ​loyal customers a service upgrade​. Whatever ...

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​Statutory Employees ​vs. ​Statutory Non-Employees?: Know the Difference ​In the workforce, classifications are important — especially when it comes to taxes. But not all classifications are easily identified. For instance, as an employer you may be wondering ​​how to identify statutory employees ​vs statutory non-employees. ​ Unfortunately, the ...

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