Understanding the U.S. Department of Labor’s New Overtime Rule
As a business owner, it’s crucial to stay current and comply with national labor laws. This not only helps you avoid penalties but also ensures a content workforce. Effective July 1, 2024, the standard threshold will increase from $684 per week to $844 per week. There is a second increase to $1,128 per week scheduled […]
How to choose a payroll solution for your business
Business is hard enough right now, having a payroll company that doesn’t make life harder is essential. In today’s business environment, there are many different options available, so how do you really know which company is the right fit for you? Choosing a payroll service provider should be less about cost savings and more about […]
IRS Issues Guidance on Claiming Employee Retention Credit (ERC) for First Two Quarters of 2021
Photo by Adam Winger on Unsplash The ERC, created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, was extended for six months and modified by the Consolidated Appropriations Act, 2021 (CAA). In March, the IRS provided guidance for employers claiming the ERC for 2020. Notice 2021-23 addresses the extension of the ERC for […]
It’s your last chance at a PPP loan.
Photo by Tim Mossholder on Unsplash Here’s how to apply Time is running out for small-business owners looking to get a government Paycheck Protection Program loan.Applications for the final round of PPP loans will be accepted only until Monday or until the remaining funds are drained, whichever is sooner. Most of the money is already […]
