[PPP Paycheck Protection Program]One of the most important provisions of the CARES Act for small businesses is called the Paycheck Protection Program (PPP). The PPP is a $349 billion program designed to assist small businesses (fewer than 500 employees) facing financial difficulties as a result of the COVID-19 pandemic through specifically structured loans.The loan program offers funding to cover payroll for up to eight weeks, with the intent of stemming unemployment. These loans can be...
[Stimulus Checks Facts, Stimulus Checks FAQs]So many checks and even more questions! There is a lot of confusion out there over the details surrounding the coronavirus stimulus checks, so below we've compiled a list of frequently asked questions and answers.- How much will the check be for? Each adult will receive $1,200; if you filed as married jointly, you'll get $2,400; with an extra $500 for each qualifying child. - What if I didn’t make any money last year or I was on a reduced...
Here Are Some Tips for Staying ProductiveWhat's New in TechnologyApril 2020 [Remote Working, Work From Home, RDP Work]The COVID-19 pandemic has seen a rise in remote working. Even organizations that have always been against it have their employees working from home. With some areas experiencing complete lockdowns, this means you find yourself in an unfamiliar work environment.Remote working means that you have to work outside a traditional office environment. Although some...
CARES Act - Coronavirus Aid, Relief, and Economic Security Act General Business NewsApril 2020U.S. Government Provides Relief to Individuals, Businesses in Midst of COVID-19 Crisis On March 27, President Donald Trump signed into law a historic $2 trillion stimulus package designed to provide economic relief to individuals and businesses affected by the coronavirus pandemic. Our aim in this alert is to give a brief overview of both the tax and non-tax provisions of the government’s new...
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