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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.
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In 2020, Gusto has built more than 50 new products in the last year directed toward helping small businesses. Releases included customizable payroll reports, a simplified Paycheck Protection Program (PPP) Loan Forgiveness tracker and a streamlined PPP application report that’s been downloaded more than 80,000 times to date. Nationwide, Gusto ...
Contributions for salaries between the minimum wage and 1.6 times the minimum wage are eligible to relief (known as Fillon relief) of up to 28 percentage points of employer contributions, effectively halving employer non-wage costs.
With QuickBooks Capital, small business owners are able to get assistance with determining their eligibility for the federal relief. The software simplifies the application process using ...
The startup offers a much simpler, cloud-based SaaS to automate all payroll tax calculations and payments, as well as provide direct deposit to employees.
The American Payroll Association (APA) is a professional association for individuals responsible for processing company payrolls. The Association conducts payroll training courses and seminars on a yearly basis and publishes a library of payroll resource texts and newsletters.
Each employee gets its own PayFit login to access their payslips. But the company doesn’t stop there, as you can request time off and enter how much time you’ve worked this week if you’re ...
$28.6 billion for the Restaurant Revitalization Fund, a new grant program for restaurants and bars to meet payroll and other expenses. Individual businesses will be eligible for $5 million each.
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.