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The Paycheck Protection Program (PPP) is a $953-billion business loan program in the U.S. to help certain entities pay their workers during the COVID-19 pandemic. The loan may be partially or fully forgiven if the entity maintains its employee counts and wages, and the program was implemented by the Small Business Administration.
FICA is a federal tax that employees and employers pay to fund benefits for retirees, people with disabilities, and children of deceased workers. FICA consists of two parts: OASDI for Social Security and HI for Medicare. Learn how FICA is calculated, who pays it, and how it differs from income tax.
Employee benefits are non-wage compensation provided to employees in addition to their normal wages or salaries. They can be mandated by regulation or discretionary, and include housing, insurance, retirement, tuition, leave, and other benefits.
The relief money was part ... business owners “could apply for loans to offset operational costs for payroll, employee benefits, facility expenses and other bills,” according to a news release ...
Gusto, Inc. is a private company that provides payroll, benefits, and human resource management software for businesses in the US. Learn about its history, funding, reception, product, pricing, and acquisitions from this Wikipedia article.
USERRA is a law that protects the civilian job rights and benefits of active and reserve military personnel called to active duty. It covers all U.S. uniformed services and their reserve components, and provides for reemployment, non-discrimination, and restoration of seniority and benefits.
Payroll is a list of employees and their compensation, as well as the records and taxes of payments made to them. Learn about payroll frequency, gross pay, deductions, reimbursements, taxes, and wage garnishments, and how to outsource payroll processing.
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Pub. L. Tooltip Public Law (United States) 111–312 (text), H.R. 4853, 124 Stat. 3296, enacted December 17, 2010), also known as the 2010 Tax Relief Act, was passed by the United States Congress on December 16, 2010, and signed into law by President Barack Obama on December 17, 2010.
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