President Donald Trump said Monday that his administration will ask Congress to approve a possible payroll tax cut and provide "very substantial relief" for hourly workers and industries hit by the COVID-19 outbreak. "We are going to be asking tomorrow -- we're seeing the Senate. We're ...
Senate voted unanimously (96-0) to pass the Coronavirus Aid, Relief, and Economic Security (CARES) Act as an attempt to stabilize the U.S. economy disruptions in the wake of the COVID-19 pandemic. The CARES Act aims to boost the economy with over $2 trillion in tax and non-tax ...
Gusto has a great resource hub to help small businesses navigate through the Covid pandemic. Find the latest news and policies, including information about relief options. What Can Be ImprovedWhile Gusto's online payroll services are overall great, their customer support could use some improvement....
2020 COVID-19 Payroll Taxes SuspendedPlease read IRS Notice 2020-22 regarding the CARES (Coronavirus Aid, Relief, and Economic Security) Act which allowed eligible employers to defer payment of the employer's share of FICA between March 27 and December 31, 2020. The deferred payments are due ...
The following entities affected by Coronavirus (COVID-19) may be eligible: Any small business concern that meets SBA’s size standards (either the industry based sized standard or the alternative size standard) Any business, 501(c)(3) non-profit organization, 501(c)(19) veterans organization,...
Enhanced COVID-19 Relief Measures On 16 February 2021, Mr Heng Swee Keat delivered the 2021 Budget Statement. He announced various schemes to help Singaporeans, jobs, and companies. There is a shift from broad-based assistance to more specific support especially those in the hardest-hit industri...