Tag

CARES Act

What All Employers Need to Know About the 2021 Employee Retention Credit ReportingSmall Business

What All Employers Need to Know About the 2021 Employee Retention Credit

The Coronavirus Aid, Relief, and Economic Security (CARES) Act went into effect on March 13, 2020, after approval by both houses of Congress and the signature of President Donald Trump. The CARES Act included an employee retention credit as a means of encouraging employers to keep employees on the payroll in wake of the COVID-19…
Palmetto Payroll
March 31, 2021
The CARES Act Opens Floodgates to Free Money for Businesses
The CARES Act Opens Floodgates to Free Money for Businesses Small Business

The CARES Act Opens Floodgates to Free Money for Businesses

The CARES Act has opened the floodgates to free money for businesses  Below are the basic details of loans available to businesses.  They are incredible unless regulations apply limits: This new law lets any business borrow 2.5 months of payroll, benefits, interest on loans and lease payments. The loan is made through a bank that…
Palmetto Payroll
March 27, 2020