Accounting

Covid Taxes IRS

May 7, 2020 

3 Tax Credits for Businesses Impacted by Covid-19

The employee retention credit is designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19.

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May 7, 2020 

Post-Covid Business Forecast: Less Travel, More Work from Home

On average financial leaders were 70 percent certain they would alter work-from-home or travel policies in response to the COVID-19 mandatory stay-at-home or shelter-in-place orders. These changes will come in two phases; near-term, which is ...

ADP Jobs Report April 2020

May 7, 2020 

20 Million Jobs Lost Between Mid-March and Mid-April

Private payrolls slumped by 20.2 million from a month earlier, according to ADP Research Institute data released Wednesday. Employment in March was revised down to a 149,000 decrease from a previously reported 27,000 drop.