Tag: CARES Act

Department management, Financial

SBA Questioned on Decision to Stop Collection on Some PPP Loans

March 16, 2023

Via: Small Business Trends

According to Texas Rep. Roger Williams, the Small Business Administration (SBA) has decided to stop collecting Paycheck Protection Plan loans with a balance less than $100,000. The PPP was past of the CARES Act, passed in March 2020 in response […]

Accounting, Department management

Is There Unemployment for Self Employed People?

May 25, 2022

Via: Small Business Trends

Under normal circumstances, or at least any time before the spring of 2020, the short answer to that question would have been “Not really.” Then COVID-19 happened, and with it, trillions in federal government aid and financial protection affected the […]

Department management, Financial

Using Retirement Funds to Cover Covid Financial Losses

June 18, 2020

Via: Inc.

The Covid-19 pandemic has caused unprecedented financial fallout. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was intended to mitigate some of the resulting economic hardship. A key provision of the CARES Act makes it easier for individuals […]

Educational, Organization management

Student loan assistance: It’s a good time to add to your EAP

June 12, 2020

Via: HR Morning

Student loan assistance is one of the less-discussed changes included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. But the act gives employers a great way to reward some of your workers with tax-free help paying down their […]

Department management, Financial

Emergency Financial Help During A Crisis

April 28, 2020

Via: Forbes

There’s no question times are tough for many small businesses (though it’s good to see the private sector rising to the occasion). With customers staying home, travel canceled and most things grinding to a halt while we battle to contain […]