The IRS issued its annual update Friday of special per-diem rates for substantiating ordinary and necessary business expenses incurred while traveling away from home (Notice 2021-52). The new rates are in effect from Oct. 1, 2021, to Sept. 30, 2022. Specifically, they are the special per-diem rates, including the transportation industry meal and incidental expenses [...]
AT LEAST THREE major banks have decided to opt out of a new process for getting Paycheck Protection Program loans forgiven directly by the Small Business Administration, The Intercept has learned, leaving their small business customers with no other recourse if the banks refuse to forgive loans or drag out the process. Bank of America, JPMorgan [...]
Every year the IRS mails letters or notices to taxpayers for many different reasons. Typically, it’s about a specific issue with a taxpayer’s federal tax return or tax account. A notice may tell them about changes to their account or ask for more information. It could also tell them they need to make a payment. [...]
Concerns over the rising numbers of Covid-19 cases due to the highly contagious delta variant are sending corporate return-to-work policies askew. In the last few weeks, a handful of the most influential tech companies in the U.S., including Google and Apple, delayed their return dates from September to October. On Wednesday, Lyft CEO Logan Green announced it will push its September [...]
Workers are still stalling the job search, and employers — from health care providers to trucking companies — are getting desperate. Staggering stat: The share of job postings that use words like "hiring urgently" has spiked over 50% since the start of 2021, according to data from the jobs site Indeed. There are certain industries in which [...]
If you’re feeling social anxiety about returning to the office, you’re not alone. Many folks are feeling unsettled. After over a year of remote work — and seeing our coworkers only on screen — the idea of seeing everyone again in person can feel overwhelming. And, since the Covid landscape is still in flux, it’s [...]
The Associated General Contractors of America (AGC) said that the U.S. Small Business Administration (SBA) is in the process of removing the requirement that Paycheck Protection Program (PPP) borrowers submit a Loan Necessity Questionnaire when applying for forgiveness on loans of $2 million or more. A lender notice from an SBA district office also indicates [...]
Over half of all employees want to keep working from home at least part of the time, which means employers will be facing tax consequences. Requirements are different for remote and in-office staff members, and the nexus laws in a state also affects what employers pay. Jun 18th 2021 The country's workforce has changed significantly because of the [...]
COVID-19 has dented worker sentiment: although the majority (86%) of workers still say they feel optimistic about the next five years in the workplace, this is down from 92% last year. At a time of economic, professional and personal disruption, worker optimism offers hope for the world of work, according to a new research report [...]
Have you or your employees been experiencing work-from-home burnout and Zoom fatigue these past many months? Do you encounter this burnout regardless of the supposed benefit of working remotely and utilizing videoconferences for meetings? It's unfortunate that the huge bulk of efforts to address WFH burnout is focused on attempting to treat the symptoms without attending to the root causes, which originate [...]