After months of a devastating pandemic, New York Governor, Andrew Cuomo took the New York City subway into midtown Manhattan today proclaiming, “New York is back!”. As of yesterday, the state has officially entered phase one of its re-opening process. “Today we are turning the page on the COVID-19 virus as we reopen New York…
New York Is Back! Enters Phase One of Re-Opening Process Read More
Over the last few months, we’ve experienced a global, cultural shift to fully remote working as businesses have made necessary changes in light of the COVID-19 pandemic. The nearly instant move to remote working has brought to light and made many companies realize (and embrace) the idea of remote working strategies. These strategies don’t just
The Truth On Working & Onboarding New Hires Remotely Read More
The U.S. Senate has passed yet, another version of Paycheck Protection Program (PPP) legislation. The good news is that it now offers triple the amount time for small businesses to spend the funds while still qualifying for loan forgiveness. The bill was passed in a unanimous voice vote hours after Wisconsin Sen. Ron Johnson had
More Flexible PPP Loan Spending Terms for Small Biz Read More
Within this uncertain climate, having the ability to pay employees immediately has become increasingly important especially during the COVID-19 crisis. More than ever, emergency situations are arising and are creating a demand for more flexible payment solutions. Fingercheck’s Pay On-Demand feature alleviates such issues, giving employees access to their wages anytime. “Pay On-Demand overcomes the
Flexible Payment Solutions In Difficult COVID-19 Climate Read More
Thanks to relief provided by the IRS, your corporation’s 2019 federal income tax return (Form 1120) deadline has been extended to 7/15. With that, here are some important tax planning options to consider between now and then. Claim 100% First-Year Bonus Depreciation – or not Businesses can claim 100% of first-year bonus depreciation for qualifying
Why Small Biz Owners May Want to Extend the July 15 Tax Deadline Read More
If you’re one of the many small business owners who applied for the Paycheck Protection Program, known as the (PPP), you’ll want to know how getting that loan forgiven actually works. In short, borrowers will have their loans forgiven if they use the money for designated expenses. Total payments for payroll over the 6 months after the
How PPP Loan Forgiveness Works & How To Apply Read More
Aside from fewer cases being reported, one good thing we’re seeing from the otherwise crippling coronavirus pandemic is that it has revitalized a greater appreciation and enthusiasm in support of local, small businesses. Approximately 75% of consumers plan to support local merchants as much as possible once restrictions on non-essential businesses are lifted. This data
Consumer Spending Habits Change in Greater Support of Local Business Read More
Summer 2020 is just about here. Sure, it won’t be like the summer we’re used to, but it will be one we’re going to remember. But there’s good news! As the warm weather approaches, small businesses will begin re-opening and more people will start heading out. With that in mind, local health and government officials
“Face to Face” With Summer 2020 Read More
As lockdown restrictions loosen, businesses slowly (and cautiously) see employees return to the workplace. Of course, the office employees left, won’t be the same they return to. Making the workplace safe and making employees feel safe, will require new office policies and rules to limit the potential spread of the coronavirus. Business owners, HR personnel,
The “New” Office – How Companies Will Make Them Safe Read More
One of the most enticing features of the Paycheck Protection Program (PPP) loan is the thought of not having to pay it back. A small business with a PPP loan has just eight weeks to use it for qualifying expenses such as payroll, rent, mortgage interest and utilities. However, as small-business owners found out, the
PPP Loan Forgiveness – How You May Not Have To Pay It Back Read More
