by Spencer Bunn | Published On Apr 2, 2021 | Blog, Cares Act, CCOVID-19
The Employee Retention Credit, a payroll tax credit intended to incentivize the retention of employees by businesses hardest hit by the pandemic, is a provision in the CARES Act passed by Congress shortly after the onset of the COVID-19 pandemic in the United States....
by Dawn Anderson | Published On Mar 31, 2021 | Blog, Cares Act, CCOVID-19
On March 11, 2021 President Biden signed into law the $1.9 trillion American Rescue Plan Act of 2021. An additional $7.25 billion was allocated to the PPP, which was expanded to include underserved small businesses and other organization previously ineligible;...
by Nicole Wolski | Published On Jan 13, 2021 | Blog, Cares Act
On January 11, 2021, the Small Business Administration (SBA), in coordination with the U.S. Department of Treasury, reopened the Paycheck Protection Program (PPP) portal to begin the application process for the $285.45 billion in funds allocated to assist small...