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  2. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    The Paycheck Protection Program ( PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations ...

  3. EXPLAINER-U.S. payroll protection program: What has changed ...

    www.aol.com/news/explainer-u-payroll-protection...

    The Small Business Administration (SBA) on Monday will release $310 billion in funds for the second round of its program that aims to help small businesses hurt by the novel coronavirus disruption ...

  4. Bogus 'tax service specialists' duped business owners in ...

    www.aol.com/news/bogus-tax-specialists-duped...

    IRS officials say the Employee Retention Tax Credit program has been a magnet for unscrupulous promoters who filed a "tsunami of bad claims." Bogus 'tax service specialists' duped business owners ...

  5. Employee Retention Credit - Wikipedia

    en.wikipedia.org/wiki/Employee_Retention_Credit

    The Employee Retention Credit is a refundable tax credit against an employer's payroll taxes. [2] It was established as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed into law by President Donald Trump, in order to help employers during the pandemic. [3] The American Rescue Plan Act of 2021, signed into law ...

  6. Internal Revenue Code section 409A - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    t. e. Section 409A of the United States Internal Revenue Code regulates nonqualified deferred compensation paid by a "service recipient" to a "service provider" by generally imposing a 20% excise tax when certain design or operational rules contained in the section are violated. Service recipients are generally employers, but those who hire ...

  7. U.S. airlines receive extra $9.5 billion in payroll support ...

    www.aol.com/news/u-airlines-receive-additional-9...

    The U.S. Treasury Department said on Saturday it has released $9.5 billion in additional funds from the Payroll Support Program to U.S. air carriers, bringing to $12.4 billion the total provided ...

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