With wide bipartisan support, Congress has approved the "PPP Extension Act of 2021," which extends the Payroll Protection Program. It had been scheduled to expire on March 31, but the application deadline is now May 31. The act further gives the SBA another month,...
Robert
From the HR Support Center: Reclassifying Employees as Part-time
Business has slowed and we’re cutting back the hours of some employees. Do I need to reclassify them as part-time if they’re working fewer than 40 hours per week? Not necessarily. It’s up to you to decide how many hours employees need to work in a week to be...
Nonprofits: Understanding the Tax Issues
It's often assumed that nonprofits have no tax obligations at all, but that's not true. Nonprofits do get a lot of tax breaks, but managers of nonprofits still need to be well-versed in the tax code to make sure they're in compliance. Although most tax-exempt...