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  2. Paycheck Protection Program Loan Apps Open Tomorrow: Here’s ...

    www.aol.com/paycheck-protection-program-loan...

    The Small Business Administration announced that the Paycheck Protection Program loan portal opens Friday, Jan. 15 at 9 a.m. ET for PPP-eligible lenders with $1 billion or less in assets. Business...

  3. What does the payroll tax deferral mean for your paycheck?

    www.aol.com/2020-09-11-what-does-the-payroll-tax...

    An employee who regularly makes $2,000 per paycheck after taxes may only make $1,876 per pay period from Jan. 1 through April 31. "It is far from clear that the payroll tax holiday will achieve its...

  4. Paycheck Protection Program and Health Care Enhancement Act

    en.wikipedia.org/wiki/Paycheck_Protection...

    The CARES Act created the $349-billion Paycheck Protection Program, which provided low-interest loans to small businesses that were forgivable if they maintained their employees and payroll. The $349 billion was fully allocated within 13 days. During those 13 days, 1.6 million loans were approved by nearly 5,000 banks and other lenders.

  5. There’s Still Time for Your Small Business To Claim the ...

    www.aol.com/still-time-small-business-claim...

    To receive the ERC, businesses must monetize the credit for every payroll period by filing a quarterly payroll tax return using Form 941, according to ERC Today. For example, if a business pays out...

  6. Waiting for aid: U.S. airline workers 'pawns' in stimulus battle

    www.aol.com/article/finance/2020/10/20/waiting...

    Last week President Donald Trump was willing to raise his offer of $1.8 trillion for a COVID-19 relief deal with Democrats in the U.S. Congress, but the idea was shot down by Senate Majority Leader...

  7. Tax Relief, Unemployment Insurance Reauthorization, and Job ...

    en.wikipedia.org/wiki/Tax_Relief,_Unemployment...

    A 13-month extension of federal unemployment benefits. The cost of this measure was estimated at $56 billion. A temporary, one-year reduction in the FICA payroll tax. The normal employee rate of 6.2 percent is reduced to 4.2 percent. The rate for self-employed individuals is reduced from 12.4 percent to 10.4 percent.

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