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 …
Employee Retention Tax Credit: What’s New, What’s Changed Read More
After calling it a “disgrace” and refusing to sign it, President Trump added his signature to the $2.3 trillion COVID-19 relief and government funding bill that includes $600 stimulus checks for most Americans. In a statement made Sunday night, the president said he would ask to remove millions of dollars in spending from the bill. …
Trump Signs COVID Relief Bill with $600 Stimulus Checks Read More
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 …
Fingercheck Status Page Offers Live View of All Services Read More
President Trump unexpectedly requested Congress to rewrite the massive coronavirus relief bill passed earlier this week to include direct payments of $2,000 to Americans – tripled from the original $600 payment. Highlights of the $900 billion relief package passed on Monday, would: Provide a $300 weekly enhancement to jobless payments for 11 weeks. Extend two …
President Trump Wants to Give You More Money! So, Now What? Read More
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. …
What Small Business Owners Need to Know About the New Stimulus Package Read More
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 …
It was a mere 24 hours ago when the thought of another round of stimulus checks seemed improbable. Yet, today reports from Washington say they’re back! A point of contention in the ongoing negotiations was cost. Party leaders wrangled over the topic of keeping the bill under $1 trillion. So, to do that, these new …
Stimulus Checks Are Back in COVID-19 Relief Package Read More
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 …
Stimulus Checks Missing From Upcoming Relief Package Vote Read More
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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 …
