CARES Act - AccuPay | Payroll and Tax Services

COVID 19 and CARES ACT, Employee Retention Credit, Payroll, Taxes, Uncategorized

American Rescue Plan Act, CARES Act, COVID, Employee Retention Credit, Tax Credit

We have talked to many employers who are not aware that they qualify for the employee retention tax credit (ERC). The original CARES Act legislation provided that an employer could…

PPP and ERC Updates and Planning

March 30, 2021

COVID 19 and CARES ACT, Employee Retention Credit, Payroll, Taxes

CARES Act, Consolidated Appropriations Act, Employee Retention Credit, PPP, SBA Loan

PPP loans and Employee Retention Credits have both had numerous changes since they were originally enacted into law by the CARES Act on March 27, 2020. The purpose of this…

ERC Tax Credits – Big Deal for Employers

February 16, 2021

COVID 19 and CARES ACT, Employee Retention Credit, Payroll, Taxes

CARES Act, Consolidated Appropriations Act, Employee Retention Credit, PPP, SBA Loan

Every employer, both for profit and non-profit, should determine if they are eligible for “employee retention tax credits” (ERC). AccuPay has been working with employers and their CPA/consulting firms to…

PPP/Tax Credits – Practical Advice for You

January 15, 2021

COVID 19 and CARES ACT, Employee Retention Credit, Payroll, Taxes

CARES Act, Consolidated Appropriations Act, Employee Retention Credit, PPP, SBA Loan, Stimulus

We recently wrote a PayDay with our first observations on the new pandemic stimulus law. We suggest that you read our previous PayDay for some basic information about PPP loans,…

More PPP Cash – Less Tax

January 3, 2021

COVID 19 and CARES ACT, Employee Retention Credit, Payroll, Taxes

CARES Act, Consolidated Appropriations Act, Employee Retention Credit, PPP, SBA Loan, Stimulus

The COVID relief stimulus bill, titled “Consolidated Appropriations Act 2021 (hereafter CAA), was signed into law the evening of Sunday, December 27, 2020. The CAA contains several provisions which will…

PPP Loans – How to Attain Total Forgiveness

July 27, 2020

CARES Act, Form 3508, Paycheck Protection Program, PPP Loan Forgiveness, SBA Loan, Small Business Loan

AccuPay has been immersed in the Paycheck Protection Program concepts, processes and procedures since the PPP loan program was initiated as part of the CARES Act, enacted into law on…

PPP Loan Forgiveness – New Forms & More Owner Costs!

June 19, 2020

CARES Act, Loan Forgiveness, PPP LOan, Small Business

The SBA/Treasury released 2 new loan forgiveness forms this week, along with instructions and a new “interim final rule.” The “upshot” of these SBA releases is that “owner-employees, self-employed individuals/independent…

PPP Loan Forgiveness – New and Improved!

June 12, 2020

CARES Act, Loan Forgiveness, PPP LOan, Small Business

The Paycheck Protection Program Flexibility Act (PPP Flex) was signed into law on June 5, 2020, and makes significant enhancements in the ability of small employers to obtain forgiveness of…

PPP Loan Forgiveness – Update!

June 1, 2020

CARES Act, Loan Forgiveness, PPP LOan, Small Business