One of the many key provisions in the CARES Act is the Employee Retention Credit. This credit is geared towards employers subject to partial or full COVID-19 related closures. This credit impacts compensation, furlough, and layoff strategies. If you are…
CARES Act: Understanding the Paycheck Protection Provision (SBA 7(a) Loan Program
The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law on March 27 provides $349 billion in funding for the Small Business Administration (SBA) in an effort to provide assistance and relief to America’s small businesses struggling under…
CARES Act Overview: The Impact on Taxpayers and Businesses
The President signed the latest COVID-19 relief bill on March 27: The Coronavirus Aid, Relief, and Economic Security (CARES) Act. The bill brings with it several elements of relief for businesses, employees and families, in an effort to maintain livelihoods…
Employer Resource Guide: FAQ – Adjustments to FMLA and Paid Sick Leave in Response to COVID-19
*Disclaimer: Miller & Associates has put together this guide from various resources that are publicly available to help address the many questions we are getting from our business owners. This is not a substitute for professional advice from an employment…
SBA Providing Disaster Assistance Loans to Qualified Small Businesses
Is your business in a designated disaster zone? Learn if you are eligible for an Economic Injury Disaster Loan of up to $2 million from the Small Business Administration (SBA)? SBA Providing Disaster Assistance Loans to Qualified Small Businesses Qualified…
What You Need to Know About the Paid Sick and Family Leave Tax Credits
The Families First Coronavirus Response Act (FFCRA) signed on March 18, 2020, made unprecedented expansions to paid sick and family (childcare) leave provisions in light of the challenges for the American workforce due to COVID-19. The expansions to paid sick…
Families First Coronavirus Response Act Provides Benefits and Tax Relief for Many
Learn how Families First Coronavirus Response Act will impact you, your business, and employees. Families First Coronavirus Response Act Provides Benefits and Tax Relief for Many The Families First Coronavirus Response Act (FFCRA), passed by Congress and signed by President…
SBA Loans: Instructions and Tips
The Small Business Administration (SBA) has made up to $2 million in Economic Injury Disaster Loans available for small businesses in designated disaster zones. We’ve put together several tips and considerations if you are applying for an SBA disaster loan.…
Mobile Accounting? It’s Here, Now
That’s right: The future is here! Now that it’s officially 2020, it may be time to jump on that accounting app bandwagon if you haven’t already done so. The exciting news is you can actually do a lot of your…
Building Resilience into Your Small Business
If you currently own or manage a small business, you’ve probably experienced an extremely high demand or you’re preparing for the worst – to be shuttered by law for a few weeks or longer.
In either case, your business needs a whopping dose of resilience right now.