NJEDA BOARD APPROVES REMOVAL OF COLLATERAL REQUIREMENT FROM MAIN STREET MICRO BUSINESS LOAN
Application for Loans up to $50,000 to Launch on October 6, 2022 The New Jersey Economic Development Authority (NJEDA) Board has approved a revision to the Main Street Micro Business Loan, removing the requirement for personal guarantees from owners of micro…
SIX MISCONCEPTIONS ABOUT EMPLOYEE RETENTION CREDIT ELIGIBILITY
In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act’s employee retention credit in just 12 days with no contemporary legislative history. The IRS has not and will not issue formal regulatory guidance, leaving some gray areas and…
PENDELLA, PAYDAY EMPLOYER SOLUTIONS PARTNERSHIP A BIG BOOST TO SMALL BUSINESS EMPLOYEE BENEFITS
Pendella Technologies, a fast-growing technology company on a mission to take the bias out of life insurance, and PayDay Employer Solutions, a boutique payroll company servicing small-to-medium sized businesses, will expand access to individual life insurance…
PAYDAY EMPLOYER SOLUTIONS ANNOUNCES VP SALES JUSTIN DEAL TO CO-HOST MORNING COFFEE ON RVN TELEVISION
PayDay Employer Solutions, a boutique employer services provider, announced today that Justin Deal, the company’s VP of Sales, has joined internet streaming network RVN Television’s Thursday Morning Coffee show as co-host. Deal joins co-host Joe Silva and former…
401(K) OR NJ SECURE CHOICE SAVINGS PROGRAM? WHICH IS BEST FOR YOU?
As a New Jersey business owner that has 25 or more employees and been in business for at least two years, you will soon be required to offer your employees a retirement savings solution or be subject to penalties. Have you established a plan yet? If not, PayDay…
YEAREND NEWSLETTER NOW AVAILABLE!
Please review our 2021 Yearend Newsletter attached below: 2021 Yearend NewsletterDownload
IRS ANNOUNCES CHANGES TO RETIREMENT PLANS FOR 2022
IRS announces changes to retirement plans for 2022 Next year taxpayers can put an extra $1,000 into their 401(k) plans. The IRS recently announced that the 2022 contribution limit for 401(k) plans will increase to $20,500. The agency also announced cost‑of‑living…
IRS REMINDS BUSINESS OWNERS TO CORRECTLY IDENTIFY WORKERS AS EMPLOYEES OR INDEPENDENT CONTRACTORS
WASHINGTON — During National Small Business Week, the Internal Revenue Service reminds business owners that it’s critical to correctly determine whether the individuals providing services are employees or independent contractors. An employee is generally considered to…
5 REASONS WHY EMPLOYERS SHOULD CONDUCT BACKGROUND CHECKS
Nearly 96% of all employers as stated in this PBSA survey acknowledged their organization conducts employment background screening. Which is great! These organizations understand the importance of background screening and the impact they have. But what about…