Paycheck Protection Program (PPP) On January 8, 2021, the SBA announced that the Paycheck Protection Program (PPP) will re-open the week of January 11, 2021, for new borrowers and some existing PPP borrowers. The initial wave of loans issued on Monday, January 11, and...
The Treasury Department and the Internal Revenue Service launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business...
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