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The Paycheck Protection Program allows entities to apply for low-interest private loans to pay for payroll and certain other costs. A PPP loan amount is approximately equal to 2.5 times the applicant's average monthly payroll costs. Sometimes, an applicant may receive a second draw typically equal to the first.
The Employee Retention Credit is a refundable tax credit against an employer's payroll taxes. It was established as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law by President Donald Trump, in order to help employers during the pandemic.
Tax-advantaged benefits mean employees can set aside part of their paycheck, up to a certain amount, for health flexible and dependent care flexible spending accounts, student loan repayments...
Payroll Integrations’ proprietary technology ingests employee census and payroll data from those payroll companies. Then it converts relevant data into a structured, ready-to-use format for...
As a temporary early COVID-19 relief, some states provided guidance for out-of-state employers of remote workers by waiving the creation of a nexus for state taxes.
As part of the core payroll product, Gusto offers employee onboarding (work authorization forms, direct deposit forms, employee information aggregation). Separately, Gusto offers employee health insurance , dental insurance , and vision insurance enrollment and administration.
PPP caps payroll costs at $100,000 on an annualized basis per employee. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...
Employees can save on their federal tax and their share of payroll taxes. We, in turn, save on payroll taxes and also receive a compensation deduction equal to the amount of reimbursement we...
Human resources software is used by businesses to combine a number of necessary HR functions, such as storing employee data, managing payroll, recruitment, benefits administration (total rewards), time and attendance, employee performance management, and tracking competency and training records.
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