The December 2020 stimulus package added 11 weeks of unemployment with an expiration date of March 14. Keep in mind, there’s an overflow period lasting until April 5 for those who have exhausted their state’s benefits before the expiration date. Which states have yet to send $300 bonus checks? As of Jan. 29, 49 states…
How Long Will $300 Unemployment Bonus Checks Last? Read More »
The U.S. Small Business Administration (SBA) released a one-page form to simplify applying for forgiveness of Paycheck Protection Program (PPP) loans. They also released newly revised and updated forms to meet the requirements of the most recent stimulus-related legislation. The COVID-19 relief package passed last month saw the return of the PPP lifeline. The package
New, Revised Forms Make Applying For PPP Loans Easier Read More »
“As many as 8 million people are still waiting for their second stimulus checks”. That’s according to Brian Deese, the new director of the White House National Economic Council. “This is principally an issue associated with people who are non-filers.” If you think you’re one of these 8 million and you’re certain you meet all the
What To Do If You Never Received Your Stimulus Check Read More »
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 »
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 »
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