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 [...]
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 [...]
American Bankers Association VP Dan Martini today participated in an American Institute of Certified Public Accountants webinar on Thursday with thousands of CPAs interested in the Paycheck Protection Program on the line. Among other things, Martini discussed the latest round of PPP funding and a letter that ABA sent to the Small Business Administration on Monday flagging [...]
The US Small Business Administration and Treasury released borrower loan application forms Friday night for the rebooted Paycheck Protection Program (PPP), which will launch Monday, initially for select lenders and borrowers before a broader opening takes place a few days later The forms are Form 2483 – Paycheck Protection Program Borrower Application Form and Form 2483-SD – PPP Second Draw [...]
A half-century ago, tax withholding was one of the simpler issues for taxpayers and practitioners. A more mobile society makes state tax withholding more complicated today given the ease of conducting cross-jurisdictional business and the increase in teleworking or remote work arrangements. Meanwhile, the web of inconsistent state and local income tax and withholding rules [...]
Pausing business operations may have stretched companies in 2020, but reopening is proving challenging in its own right. Public health leaders, governments, and businesses are considering phased reopening as their countries pass peaks of COVID-19’s initial wave, but 44% of businesses polled in a Gartner survey were unsure how a return to work will play [...]
Treasury and the U.S. Small Business Administration (SBA) released new Paycheck Protection Program (PPP) guidance Friday night that provided some clarity on several loan forgiveness questions but didn’t address the two parts of PPP that arguably have generated the most concerns among the millions of small businesses and other entities that have received funding. Two [...]
The economic impact of the coronavirus pandemic came so quickly and hit so hard that companies worldwide are trying to stabilise their business to the point where they can recover. When Deloitte surveyed CEOs, senior managers, and HR leaders in China, which was affected by the coronavirus first, 66% said they were unable to serve [...]