With President Trump’s signature now on the second COVID-19 relief package, we can now review important changes to the bill and how it affects business owners and their employees. Employee Retention Credit (ERC) Program Extended The date for the ERC is now extended from December 31, 2020, to June 30, 2021. The purpose of doing…
As part of our continuous efforts to provide our users with an exceptional, all-in-one HR experience, we at Fingercheck, have created and published The Fingercheck Status page. It’s a new tool that provides both a historical and live view of the services we offer. In addition to providing an up-to-date view of all services on…
The long-awaited stimulus package is finally here! But instead of having you read over 5,000 pages that make up this bill, we thought we’d share the highlights for small business owners. Two Provisions You Need to Know About There has long been a debate in Congress about deducting expenses paid with Paycheck Protection Program (PPP) funds.…
After nine months of negotiations failing to produce a second Coronavirus relief package, Congressional leaders have finally reached a deal. Senate Majority Leader, Mitch McConnell (R), praised the long-awaited “bipartisan breakthrough,” saying the bill’s text must be finalized and, barring any “last-minute obstacles,” pass the House and Senate before President Trump can sign it into…
Three days away. Friday, Dec. 18, is the day congress votes on two stimulus packages totaling $908 billion. Friday is also the deadline for funding an extension to avoid a federal government shutdown. Congress is now down to the wire to make something happen for Americans still struggling during the COVID-19 pandemic. Breaking Down the…
It’s hard enough to run a small business, let alone doing so during a global pandemic. The response to help businesses came in many ways. From a renewed appreciation by communities who now shop locally more than ever to help on the federal level. New ACTS and forgivable loans, aimed at helping small businesses and…
If you’re a business owner, it’s essential to understand all the tasks and objectives related to year-end payroll processing. Some of these tasks are common yet, good housekeeping practices (i.e. verifying your employee’s social insurance numbers, reviewing your payroll system, etc.), while others are compliancy requirements (i.e. ensuring your payroll taxes have been remitted accurately,…
Fingercheck’s All-in-One HR Platform package takes care of federal and state tax filings and payments for you, making processing payroll that much easier! Once we fill out the forms and process them with the correct agencies, you can download and print the completed documents by going to the “Payroll” tab and clicking on “Forms and…
Washington is close to agreeing on a desperately needed federal relief package. However, any relief package aimed at this goal is likely not to include stimulus checks. Some Democrats threatened Friday to oppose the legislation, arguing it’s “wrong morally” not to provide $1,200 payments to working-class families at a time when hunger in America is exploding. “The…
The news of software giant Salesforce (CRM) announcing an agreement to acquire popular messaging software platform Slack Technologies (WORK), signals an ever-growing shift toward automation business processes. Salesforce will acquire Slack for $27.7 billion – making it the largest ever acquisition for the cloud software giant. Salesforce said the deal will be “transformative for customers…
