Human Resource Strategies for Small Businesses: Enhancing Efficiency and Employee Engagement For small businesses, human resource management plays a vital role in building a productive and engaged workforce. As the backbone of any organization, employees are the key to success. Implementing effective HR strategies is crucial for attracting top talent, nurturing a positive work environment, …
Paid Sick Leave Extension
The American Rescue Plan Act of 2021 (ARPA), enacted March 11, 2021, amended and extended the tax credits .
EIDL Loan Amount Increased
The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. Starting the week of April 6, 2021.
Employer Retention Tax Credit (ERTC) Video
This video discuss the changes Congress made to the Employer Retention Tax Credit for 2020 and 2021.
Treasury: Michiganders Granted Relief from Unemployment Benefit Tax Penalties and Interest
Michiganders who collected state unemployment benefits last year will not be required to pay penalty and interest related to underpaid estimated tax payments, according to the Michigan Department of Treasury.
Targeted EIDL Advance
COVID-19 Targeted EIDL Advance was signed into law on December 27, 2020, as part of the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act. The Targeted EIDL Advance provides businesses located in low-income communities with additional funds to ensure small business continuity, adaptation, and resiliency.
Payroll Audit Independent Determination (PAID) Program
The U.S. Department of Labor today announced that it has ended the Payroll Audit Independent Determination (PAID) program, effective immediately.
Michigan Begins Pandemic-Related Unemployment Payments
Pandemic Emergency Unemployment Compensation (PEUC) and Pandemic Unemployment Assistance (PUA) claimants who had benefit weeks remaining on their claim as of Dec. 26, 2020, can now begin certifying their claims through their MiWAM accounts.
The Michigan Strategic Fund
The New COVID-19 Bill Has Many Benefits For Small Businesses and Non-Profit Organizations
Final Rule: Independent Contractor Status under the Fair Labor Standards Act
The Department of Labor announced a final rule clarifying the standard for employee versus independent contractor under the Fair Labor Standards Act.
