The in-coming Biden administration recently announced plans to extend eligibility for an additional $1,400 stimulus payment to adult dependents. This would include college students, as part of his $1.9 billion Covid-19 relief plan. By now, most Americans received two federal stimulus checks totaling $1,800, while others were excluded. Left out were college students between the…
Stimulus Checks for College Students? Read More
The second round of the Paycheck Protection Program (PPP) rolls out today! Federal officials say they’ve worked out the issues that plagued the first round from earlier this year. Speaking of which, that first-round of the PPP helped over 55,000 small businesses stay afloat. Undoubtedly this next round will do the same for many others.
Second Round of PPP Starts Today! Read More
As stimulus checks find their way to American bank accounts, the IRS is asking that you don’t call them or your bank. Instead, it’s recommended you visit the IRS.gov website. The IRS said: “IRS phone assisters do not have additional information beyond what’s available on IRS.gov.” So, if you didn’t get your check yet, don’t worry. The
When to Expect Your Second Stimulus Check Read More
Saying 2020 wasn’t easy is probably the understatement of the year. However, some small businesses fortunate enough to have survived the effects of the pandemic should consider making changes now. That’s because the “changes” we’re about to mention can result in a big payoff later. For example, many small businesses believe having a smaller staff
New Year Resolutions For Businesses That Make a Difference 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
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
Congress Finally Agrees On $900B Stimulus 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
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
How COVID-19 is Changing Payroll Read More
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,
Payroll Checklist: What Businesses Need to do at Year-End Read More
