covid-19

The New Normal: Overcoming Recruiting and Retention Challenges

Retaining top employees as competition intensifies is a key pressure point for organizations of all sizes. Nearly 8 in 10 finance and accounting managers are concerned with keeping valued employees due to low morale and high rates of burnout because of heavy workloads. The culprit behind these drastically declining rates of retention all point to…

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4th of July

SBA Opens Targeted EIDL Cash Grants to Small Businesses

Small businesses around the country are being urged to apply for the Small Business Administration’s Economic Injury Disaster Loans (EIDL) and its Targeted (EIDL) Advance Grant Program. This is aimed at helping those businesses most impacted by the pandemic and those who applied for the program last year that did not receive full financial assistance. SBA

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brooklyn streets

Latest SBA Grant Program Aimed at Helping Small Businesses

Last week, the Small Business Administration (SBA) announced a new round of Economic Injury Disaster Loan (EIDL) assistance, known as “Supplemental Targeted Advances”. This will make $5 billion in additional grants available to small businesses hit hardest by the COVID-19 pandemic. New Grant Details  The new program offers an extra $5,000 that doesn’t need to

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Small Businesses Get 2-Week Window to Apply for Forgivable Loans

Starting today, Wednesday, Feb 24, small businesses with fewer than 20 employees can apply for forgivable loans under the Paycheck Protection Program (PPP). The application window is limited and will only be open for a total of two weeks. One billion dollars will be set aside primarily for businesses owned by minorities and women.  This

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Is Biden's $15 per hour wage increase worth losing 1.4 million U.S. jobs?

Is Biden’s $15 Hourly Wage Increase Worth Losing 1.4 Million Jobs?

The Raise the Wage Act of 2021, a Democrat-led bill introduced last month, was dropped from a Senate bill last week. However, despite President Biden recently stating a wage hike was unlikely, the House Education and Labor Committee included the provision in a first draft release of Biden’s $1.9 Covid-19 relief package. Now, Democrats aim to push

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emojii

New Provisions May Limit Who Receives a Third Round Stimulus Check

As negotiations continue on the third round of stimulus checks, it appears fewer Americans would get them. Democrats have recently released a new bill adopting the same phase-out thresholds used for first and second-round payments. The bill will become part of the larger one that’s being pieced together as part of the Biden Administrations’ 1.9

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