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Blog tagged as Accounting

The President's Payroll Tax DeferralĀ 
Any employee who earns less than $4,000 every two weeks for these payroll tax deferral. The memo states that this tax deferral will be in effect since September 1, 2020 and until December 31, 2020. But, these taxes will have to be repaid at some point in 2021.
09-21-20 10:25 AM - Comment(s)
Help for Small Businesses during the COVID-19 Pandemic

On March 30th, the Federal Government approved the CARES act (Coronavirus Aid, Relief and Economic Security Act) to help the American people cope with the crisis caused by Covid-19. Part of the bill includes loans for small businesses through the Small Business Administration (SBA).

 

The...

05-03-20 05:10 PM - Comment(s)