Pensions, IRAs and 401(k)s are familiar concepts to business owners, yet there is another, lesser-known retirement savings strategy that can result in significant tax savings for certain small business owners….
How the Coronavirus Response and Relief Supplemental Appropriations Act Affects Payroll and Leave
Editor’s note: For a comprehensive guide to all four pandemic relief acts, download the COVID-19 Relief Summary for Employers, which tracks the evolution of certain provisions and introduces new benefits. For…
New PPP Forgiveness Rules from the Coronavirus Response and Relief Supplemental Appropriations Act
The Coronavirus Response and Relief Supplemental Appropriations Act introduces a number of economic relief provisions, the largest of which being a new funding opportunity for the Paycheck Protection Program (PPP)….
Coronavirus Relief Package: What We Know So Far
On December 20, 2020, Senate leadership announced a bipartisan deal on an approximately $900 billion economic relief package. The deal is part of the federal government spending bill (known as…
2020 Year-End Giving Reminder: CARES Act Changes to Charitable Deductions
The coronavirus pandemic exacerbated need and diminished nonprofit resources. To help address this disparity, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, included provisions and temporary changes to incentive…
