According to data released by the U.S. Small Business Administration (SBA), the Paycheck Protection Program (PPP), which provides forgivable loans to businesses with less than 500 employees, still has $125 billion left to give. Struggling […] Read More
As Connecting the Dots readers are aware, the Federal Reserve Bank and the U.S. Department of the Treasury are working to establish a program that will provide low-interest loans to businesses with fewer than 15,000 […] Read More
The U.S. Internal Revenue Service (IRS) last week issued a new Frequently Asked Questions (FAQ) document for its Employee Retention Tax Credit (ERTC) program. Importantly, the IRS said it would not prevent employers that provide […] Read More
The U.S. government has a few other aid programs for businesses in addition to the Paycheck Protection Program, the Main Street Lending Program, and the Employee Retention Tax Credit. The Economic Injury Disaster Loan (EIDL) […] Read More
The U.S. Equal Employment Opportunity Commission has announced that, due to COVID-19, employers will not be required to submit EEO-1 Component 1 data until March 2021. The EEOC has said it will notify businesses of […] Read More
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