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The CARES Act created the $349-billion Paycheck Protection Program, which provided low-interest loans to small businesses that were forgivable if they maintained their employees and payroll.
The Paycheck Protection Program ( PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations ...
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.
Tax-advantaged benefits, like flexible spending accounts, can save employees in the United States thousands of dollars annually, and reduce the amount of payroll taxes companies pay.
PPP caps payroll costs at $100,000 on an annualized basis per employee. PPP caps payroll costs at $100,000 on an annualized basis per employee. ... Sign in. Mail. 24/7 Help. For premium support ...
By combining payroll, 401(k) planning, savings accounts, debit cards and more in one place, Gusto is hoping to become the key financial health tool for its employee end users.