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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.
The CARES Act created the $349-billion Paycheck Protection Program, which provided low-interest loans to small businesses that were forgivable if they maintained their employees and payroll. The $349 billion was fully allocated within 13 days.
FICA stands for Federal Insurance Contributions Act, a tax that funds federal programs for retirees, people with disabilities, and children of deceased workers. FICA applies to earned income only and is paid by both employees and employers, with different rates and limits depending on the type of income and the year.
The new law sets the following timelines for insurance companies to review and decide on an appeal: 72 hours for denials of urgent care; 30 days for denials of nonurgent care you have not yet ...
CHICAGO (Reuters) -American Airlines is beginning the phased return of furloughed workers after the U.S. Congress passed a pandemic aid package with $15 billion in payroll support for airlines ...
Paychex, Inc. is a public company that provides human resources, payroll, and employee benefits services for small- to medium-sized businesses. Founded in 1971 by Tom Golisano, Paychex has more than 100 offices in the U.S. and Europe and ranks 681st on the Fortune 500 list.
Payroll tax is a tax imposed on employers or employees based on their salaries. Learn about the different types, rates, and deductions of payroll tax in various countries, such as Australia, Austria, Bermuda, Brazil, Canada, China, Croatia, and more.
The FDA sent warning letters to several companies for illegally marketing eye products that may cause harm or delay safe treatments. The products claim to treat conjunctivitis, cataracts, glaucoma ...
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