The CARES Act, approved by Congress has appropriated $350 billion for Small Business Administration (SBA) Paycheck Loans of up to $10 million to small businesses impacted by COVID-19.
The current economic situation is unprecedented. We are all facing the same challenges.
We have provided the link below to assist in reviewing the information related to this plan.
The coronavirus pandemic is now the type of disaster for which employers may be able to immediately provide disaster-related expenses TAX-FREE, free from Form W-2 or Form 1099 payments to employees.
During these unprecedented times having a Human Resources company help navigate the nuances of these type of programs and stay up to date with the constant changes can be beneficial for your business. Contact us today to hear more information on how we can help you.