Press Releases

Congress enacted a number of relief programs to help businesses and their employees financially survive the pandemic. Along with the programs has come a great deal of guidance, some of which has been more confusing than helpful. Giuseppe Salamone of VaroTeam outlines...

Why Outsource HR? Companies are constantly faced with the challenge of focusing their time and expertise to grow their businesses.  It does not make financial sense for many companies to build the internal expertise to support all aspects of their business so...

Exciting New Benefit Offering for PayDay Clients! PayDay has partnered with Human Interest, a 401(k) provider for small- and medium-sized businesses, to add an affordable retirement service to your benefit offering. Human Interest eliminates the burden of managing a...

Self-employed business owners and contractors are slated to get increased access to forgivable pandemic relief loans under forthcoming rule changes announced Monday. Currently, contractors, sole proprietors, and self-employed people have to calculate their Paycheck...

The administration of President Joe Biden announced Monday that it would institute a two-week period starting Wednesday during which only businesses with fewer than 20 employees will be able to apply for Paycheck Protection Program (PPP) loans. The exclusive...

The Employee Retention Credit (ERC) offers relief to certain employers affected by COVID-19 in 2020, in the form of a fully refundable federal payroll tax credit. Use the decision tree below to assess your eligibility and how much credit you may be eligible for. (Note...

MUCH INTEREST IN THE ENHANCED EMPLOYEE RETENTION CREDIT (ERC) BUT QUESTIONS REMAIN – WE OFFER SOME ANSWERS The recent “Consolidated Appropriations Act, 2021” (“CAA”) provides relief to individuals, businesses, health care providers, and others impacted by the COVID-19...

With the COVID-19 vaccine finally becoming a reality, healthcare employers, who were first to receive the vaccine for distribution to their workforce, are addressing questions of how to implement vaccination programs. Other employers are thinking about these issues as...

The Coronavirus Disease 2019 (COVID-19) stimulus package signed into law by President Trump on Dec. 27 contains significant enhancements to the employee retention tax credit enacted under the CARES Act. The credit initially provided a 50% tax credit, which is...

After months of gridlock, Congress reached agreement on a new spending package to combat the COVID-19 pandemic and its economic effects. The result is the $900 billion Consolidated Appropriations Act, 2021, which was signed Sunday, Dec. 27, though we still await...