The Payroll Blog

Under the Consolidated Appropriations Act, 2021, the employee retention credit, a provision of the CARES Act, is available through June 30, 2021 to eligible employers who retained employees during the COVID-19 pandemic. It is meant to help businesses offset the financial disruption caused by the pandemic.

When it comes to payroll and taxes, it’s really easy to make mistakes along the way. While some of those mistakes may not have major consequences, others can be extremely costly and time-consuming to fix. 

A common question that is asked by new employees is “how much federal tax is taken out of my paycheck.” Everybody always wants to know how much they will be making but know that taxes are always lurking and will impact final take-home pay.

When searching for an online payroll service for your small business payroll needs, one of the most important things you’ll consider is cost. 

On Sunday, December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021, into law. The relief act puts the nation’s businesses impacted during the COVID-19 pandemic one step closer to gaining an opportunity to secure stimulus funds that provide financial relief.

On Sunday, December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021, into law. 

A bank holiday is “a business day during which financial institutions close their doors to the public, and their employees take a day off.”

Setting New Year’s resolutions is common practice, but also common is that many people have a hard time sticking to them. 

As a small business owner with employees, it’s important to accurately pay employees. While this may seem obvious, a lot goes into preparing paychecks and the opportunity for miscalculations is high when following a DIY approach to payroll. 

Small business owners often find themselves in a dilemma: they want to grow their business to meet demand, but tight financial circumstances can make it difficult to expand.

The outcome of the 2020 elections did not change the challenges facing business and employees in the United States. Stimulus, the economy, taxes, and health care — all pocketbook issues — along with retirement remain top of mind.

As federal, state, and local governments pass legislation and offer guidance in response to the coronavirus pandemic, SurePayroll continues monitoring the landscape to provide helpful information to our small business customers and accountant partners.