Right now, employers may feel isolated. But you’re not alone. Mammoth and ThinkHR have been fielding numerous coronavirus-related questions from business owners like you. They have created a COVID-19 HR resource center to help you find the answers you seek…
As jobless claims reach record highs, states now have more guidance from the U.S. Department of Labor (DOL) on how to roll out the emergency unemployment benefits provisions of the Coronavirus Aid, Relief and Economic Security (CARES) Act. On April…
The Coronavirus, Aid, Relief and Economic Security Act (CARES Act) allows employers to defer the deposit and payment of the employer's share of social security taxes and self-employed individuals to defer payment of certain self-employment taxes. The IRS has released…
IRS.gov has released a tool that helps people who normally don't file get the Economic Impacat Payments. The tool provides a free and easy option designed for people who don't have a return filing obligation, including those with too little…
Our dear friend and colleague Rita Holden passed away this past March after a long battle with cancer. Rita was an inspiration to our office staff for her strength, good humor, business talent, and kindness. She held the distinction of being…
The US Senate Committee on Small Business and Entrepreneurship has released a comprehensive small business owner's guide to the CARES Act, passed by Congress on March 27, 2020. Are you a small business owner and wondering if the CARES Act…
As the Accountability Plus team prepares for the week ahead, we'd like to share the following information. Last week, the application process for the SBA loan programs seemed very disorganized. Bankers and lenders were focused on getting the application process…
We are all facing challenging times both personally and professionally. The Accountability Plus office is open for business, minimally and safely staffed, while our entire bookkeeping workforce is working remotely. We have assembled an Accountability Plus CARES ACT TASK TEAM…
On March 27, 2020, Congress passed the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) that opened up a new type of SBA (Small Business Administration) lending program called the "Paycheck Protection Program." The program includes a potential forgiveness…
The new Families First Coronavirus Response Act (FFCRA) requires covered employers to provide employees with paid sick leave and expanded family and medical leave for specified reasons related to COVID-19. All employers covered by the FFCRA must post the notice in…
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