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News for Economic
Friday, January 22, 2021PPP Loan Changes Included in the New Appropriations ActThe Consolidated Appropriations Act (CAA) extends, liberalizes and expands the Paycheck Protection Program (PPP). Originally established by the CARES Act, the PPP expired on August 8, 2020. Now the CAA resurrects it. Here are the most important things small businesses should know from this section of the new law.Read more:Categories: EconomicFriday, January 22, 2021Is your business eligible for the Employee Retention Credit?The Consolidated Appropriations Act (CAA) extends, liberalizes and expands the Paycheck Protection Program (PPP). Originally established by the CARES Act, the PPP expired on August 8, 2020. Now the CAA resurrects it. Here are the most important things small businesses should know from this section of the new law.READ MORE...Categories: Business Development, General News Article, EconomicTuesday, January 19, 2021NEWS RELEASEJan. 13, 2021Ohio employers urged to cash dividend checks$500 million in checks aimed at pandemic relief remain uncashed COLUMBUS – The Ohio Bureau of Workers' Compensation (BWC) urges Ohio employers to cash the checks BWC mailed them in December to mitigate the economic hardship brought by the COVID-19 pandemic. As of Tuesday, 23,351 employers still had not cashed $513.7 ...read moreCategories: Business Development, General News Article, EconomicWednesday, January 13, 2021Attention Bars and Restaurants!Bar and Restaurant Assistance FundFAQ's - Bar and Restaurant Assistance FundBars and restaurants not applied as of 1-5-21Categories: EconomicTuesday, January 12, 2021SBA has announced Ascent, an interactive digital platform packed with resources women business owners need to set, and achieve, their business goals. Ascent is designed for the “missing middle” — growth-oriented women entrepreneurs who are beyond the start-up phase and already generating revenue yet looking to grow and scale. Most learning resources for business owners focus on either ...read moreCategories: Business Development, EconomicThursday, January 07, 2021U.S. Department of Labor | January 6, 2021 U.S. Department of Labor Announces Final Rule to Clarify Independent Contractor Status Under the Fair Labor Standards Act WASHINGTON, DC – The U.S. Department of Labor today announced a final rule clarifying the standard for employee versus independent contractor status under the Fair Labor Standards Act (FLSA). “This rule brings long-needed ...read moreCategories: Economic, Legislative Update, Business DevelopmentTuesday, January 05, 2021COVID-Related Tax Relief Is Signed Into LawOn December 27, President Trump signed the Consolidated Appropriations Act of 2021 (CAA), which provides pandemic relief, as well as other tax and health-related provisions. The CAA contains the COVID-Related Tax Relief Act of 2020 (COVIDTRA), as well as a government funding law. Here are some of the highlights.READ MORE...Courtesy of Kirsch CPA GroupCategories: Business Development, EconomicTuesday, January 05, 2021January 4, 2021 TechCred Application Period Now Open The seventh TechCred application period opened today, January 4th and closes January 29th at 3:00 p.m. TechCred helps businesses upskill their current and incoming workforce with tech-focused credentials. Businesses can receive up to $2,000 for each tech-focused credential earned, up to $30,000 per employer each application period. Since ...read moreCategories: Business Development, EconomicWednesday, December 23, 2020Guide to Small Business COVID-19 Emergency Loans U.S. Chamber Guide CLICK HERECategories: Economic, Legislative UpdateMonday, December 21, 2020FAQs About Tax-Free Disaster Relief Payments During the COVID-19 Crisis Many people are struggling to make ends meet during the COVID-19 pandemic. Fortunately, some individuals qualify for federal-income-tax-free disaster relief and disaster mitigation payments paid by some employers under Internal Revenue Code Section 139. Here are some FAQs and answers about how the rules workClick HERE for ...read moreCategories: Economic, Business Development, Legislative UpdateFriday, September 18, 2020Thursday, September 17, 2020 - 9:00am 1 in 3 plan to hire more workers WASHINGTON, D.C. – The commercial construction industry showed signs of rebound in the latest U.S. Chamber of Commerce Commercial Construction Index (Index). While the overall index score remained fairly steady, increasing by one point to 57 in the third quarter, two of the three main indicators saw increases, pointing to ...read moreCategories: General News Article, EconomicFriday, September 18, 2020Paycheck Protection Program loans were a popular option for businesses hoping to survive COVID-19-related shutdowns. Here is what businesses need to do to get their PPP loans forgiven.By: Sean Ludwig, ContributorShare One of the single largest ways the federal government sought to aid businesses suffering from coronavirus-related shutdowns was the implementation of the Paycheck Protection ...read moreCategories: Business Development, General News Article, Economic
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