PPP Funds – How to Keep them Forgivable

Choosing to Keep the PPP Funds Forgivable In order to do so, you’ll need to begin tracking, and categorizing, every expense. A simple bank and credit card statement likely won’t be enough for your lender. In order to get your loan forgiven, you’ll need to not only spend the PPP funds on the … [Read more...]

CA PAID SICK LEAVE — EFFECTIVE JULY 1, 2015

      CA Employers should take action to ensure compliance with new employment laws that take effect July 1, 2015. California has a new Paid Sick Leave law (AB 1522) that goes into effect on July 1, 2015. While the law itself was enacted on January 1, 2015, the … [Read more...]

New Medicare Taxes for 2013

Two new taxes that may impact taxpayers   Medicare Payroll Tax Increase 1)      Medicare taxes have always been a payroll tax. Half is paid by the employee with the other half paid by the employer. This new 0.9% tax is an additional tax paid by the employee only. Wages above $200,000 … [Read more...]