Apr 15, 2020 | GTM Business Blog isolved
The Paycheck Protection Program (PPP) is part of the CARES Act that was signed into law on March 27 and includes $367 billion in federally guaranteed loans for small businesses. The loans are retroactive to February 15 and apply through June 30, which is about 10...
Apr 8, 2020 | GTM Business Blog isolved
The Coronavirus Aid, Relief and Economic Security Act (CARES Act) creates an employee retention tax credit, which is designed to encourage eligible employers to keep employees on their payroll, despite experiencing economic hardship related to COVID-19. The employee...
Mar 31, 2020 | GTM Business Blog isolved
Strengthening small businesses like yours and helping you pay your employees are critical for ensuring the economy can quickly restart after the current health crisis subsides. The recently enacted CARES Act stimulus package creates a $367 billion federally guaranteed...
Mar 30, 2020 | GTM Business Blog isolved
UPDATE: On April 16, the U.S. Small Business Administration said they wouldn’t be accepting any more applications for the $349 billion the Paycheck Protection Program loans. They have approved more than 1.6 million Paycheck Protection Program loan applications...
Mar 27, 2020 | GTM Business Blog isolved
On Friday, March 27, the Coronavirus Aid, Relief and Economic Security (CARES) Act was approved by the House of Representatives. President Trump is expected to sign it into law. The bill is designed to provide financial assistance to Americans and their families, and...
Mar 26, 2020 | GTM Business Blog isolved
As part of sweeping legislation—the Families First Coronavirus Response Act (FFCRA)—signed into law by President Trump on March 18, 2020, two laws were enacted that provide workers with paid leave for reasons related to the coronavirus (COVID-19) pandemic: the...
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