Although it simply isn’t possible for many businesses to completely eliminate the use of paper, even a small reduction can yield enormous overhead savings, enhanced data security, and increased efficiency overall.
Calculating deductions and withholdings can be a complicated task for any business. Deductions and withholdings, which are mandated by both state and federal laws, can be voluntary or court-ordered, so they may vary widely from employee to employee.
COVID-19 spread throughout the world like wildfire, leaving millions of people unemployed and thousands of businesses struggling to stay afloat in its wake.
The Paycheck Protection Program (PPP) has run out of funds. Yes, you read that right. On April 16, the PPP exhausted nearly $350 billion allotted for low-interest loans designed to help small businesses stay afloat throughout the COVID-19 pandemic.
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