Press Releases

The U.S. Senate approved a two-month extension of a popular U.S. small-business relief program that still has about $79 billion left to distribute, giving companies until the end of May to apply for the forgivable loans. The Paycheck Protection Program was initially...

The Internal Revenue Service is planning to delay the April 15 tax filing deadline by about one month, giving taxpayers additional time to file returns and pay any outstanding levies, according to three people familiar with the discussions. The IRS is still figuring...

The House of Representatives passed the American Rescue Plan Act, H.R. 1319, on Wednesday by a vote of 220–211. It now goes to President Joe Biden for his signature. He is expected to sign it quickly. H.R. 1319 was first passed by the House on Feb. 27. The Senate...

The $1.9 trillion American Rescue Plan Act that President Joe Biden signed into law on Thursday contains a number of provisions intended to help small businesses, especially restaurants. It authorizes another $7.25 billion for the Paycheck Protection Program, which...

Today, more than ever, good employees are the lifeblood of successful companies. With the retirement crisis becoming more evident during the global pandemic, unforeseen fluctuations in the economy have forced small business employees to reconsider their priorities –...

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...