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Meanwhile lets just say that we are proud Ronek Bhatt contributed a whooping 7 entries.
Employee Retention Credit – Updated As part of the Covid-19 relief package, the CARES Act established the Employee Retention Credit to help struggling businesses with their payroll expenses. The Employee Retention Credit is a refundable tax credit against certain payroll tax expenses.
Targeted EIDL Advance The SBA is launching a new round of Economic Injury Disaster Loan (EIDL) Advances – called Targeted EIDL Advance – which provides eligible businesses with $10,000 in total grant assistance. If you received the EIDL Advance last year in an amount less than $10,000, and you meet the Targeted EIDL Advance eligibility […]
Employee Retention Credit As part of the Covid-19 relief package, the CARES Act established the Employee Retention Credit to help struggling businesses with their employer taxes. The Employee Retention Credit is a refundable tax credit against certain employment taxes equal to 50 percent of the qualified wages an eligible employer pays to employees after March 12, […]
California CalSavers Retirement – Employer Requirements State law requires that California employers who don’t already offer an employer-sponsored retirement plan and who have five or more employees, either sponsor a retirement plan or participate in CalSavers. The three-year phased rollout includes staggered deadlines for registration based on employer size. All eligible employers are encouraged to […]
California Covid Relief Grant The Governor announced the creation of a $500 million COVID Relief Grant for small businesses that have been impacted by COVID and the health and safety restrictions. Funds would be awarded in amounts up to $25,000 to underserved micro and small businesses throughout the state by early 2021. Non-profits would also […]
PPP Round Two The President recently signed into law roughly $900 billion for an emergency COVID-19 relief package, which includes an additional allocation of funding to the Small Business Administration (SBA) for a new round of the Paycheck Protection Program (PPP), as well as money for other critical needs. The bipartisan bill includes, among other […]
PPP Grant Congress just passed emergency legislation to provide relief to small business owners establishing a new stimulus loan program. This small business stimulus package includes a variety of programs, including the ability to receive an emergency advance of $10,000 in three days and having up to 8 weeks of payroll expenses forgiven. As of now, […]
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