7 Measures you should not use to cut payroll costs Your employees depend on you just as much as you depend on them. They're part of your team, and you never want to let them down. In fact, they're a big part of the reason why your business ...
Home Tax Deductions: Save Your MoneyIf you recently purchased your first home, you may not be aware of all the home tax deductions. In fact, tax benefits are often a prime reason for buying a home, either for personal use or to generate rental income. If this is ...
Top Paycheck Protection Program FAQs and Key PPP Updates Small businesses are looking for answers to their top paycheck protection program FAQs (frequently asked questions). And now that this Second Paycheck Protection Program has already launched, The SBA is trying to provide guidance on the Economic Aid to ...
California Stimulus Package Details The California stimulus package to help struggling businesses in the state has been launched by Governor Newsom. It includes the California Rebuilding Fund, California Hiring Credit, and California Small Business Grant Fund. California Rebuilding Fund California Stimulus Package - Low Interest Loans for Small Business ...
Explanation of the Changes to The Employee Retention Tax Credit in The New COVID Relief BillThe Employee Retention Credit (ERC) of 2020 has been extended to 2021. This article gives a concise explanation of those changes to The Employee Retention Tax Credit in the new COVID Relief Bill. ...
California Law Updates and California Minimum Wage Updates (2021)Several new or amended employment laws take effect in California on January 1, 2021, including mandatory child abuse reporting, expanded crime victim leave, and increased minimum wages and exempt employee salaries.California Law Update: Mandated Reporting TrainingEmployees who supervise and directly ...
COVID Relief Bill: Tax Credits for Paid Leave Extended to March 31 A new $900 billion coronavirus relief bill became law and answers the question of whether federal Emergency Paid Sick Leave (EPSL) and Emergency Family and Medical Leave (EFMLA) will be extended. The answer is yes, but ...
Federal Stimulus Package and the New PPP ChangesNews of a Federal Stimulus Package and changes to the PPP is now official, offering some new financial relief tools to business, individuals, and specific sectors.The State of California also offered new information and gateways to financial resources through the State. ...
According to Gallup, the number of days employees are working remotely has doubled during the pandemic. Some companies are even considering making a remote work arrangement permanent. While there are no laws that exclusively apply to remote workplaces, remote work does come with additional compliance risks. Below is our ...
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 ...
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 ...
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 is ...