Episodes
Monday Jun 15, 2020
The Next Stimulus Bill is Coming Soon…How Will it Affect Your Business?
Monday Jun 15, 2020
Monday Jun 15, 2020
With two stimulus bills already passed, there is much talk over the possibility of a third stimulus bill. Thad Inge, Senior Manager, Government Relations for Paychex, talks with Gene Marks about what both the Democrats and Republicans are each looking for as they work towards passing a bill. Listen in as they discuss funding for state and local governments, an extension of the extra $600 a week in federal unemployment as presented in the proposed Heroes Act, and business liability and possible direct stimulus checks, as being discussed on the Republican side. Thad shares what he’s hearing in Washington about the next stimulus bill, what he thinks will make it into the bill, and when he expects it to pass.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Friday Jun 12, 2020
Compliance ‘Trifecta’: Federal, State, and Local Laws Key in Reopening
Friday Jun 12, 2020
Friday Jun 12, 2020
As businesses make their way through the current coronavirus pandemic, the path to reopening can be a challenging one. Whether they have a Business Continuity Plan (BCP) in place or not, there is a lot that business owners need to be aware of as they begin planning. So, where should they start? Paychex Compliance Analyst, Kate Hill, says first and foremost, you need to be aware of the compliance ‘trifecta’ – federal, state, and local laws. Kate says that now is the time to look at what has stayed the same and what has changed, to help ensure you are on the right track. Listen in as she talks with Gene Marks about designating a return to work team, ensuring you are on top of changes to paid family leave, wage and hour issues, and more. And for more information on returning to work, be sure to visit the Paychex Return to Work: Getting Back to Business page, featuring state guidance, FAQ’s, best practices, and other valuable tools.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Wednesday Jun 10, 2020
Everything You Need to Know About Last Week's PPP Changes
Wednesday Jun 10, 2020
Wednesday Jun 10, 2020
Since the Paycheck Protection Program (PPP) application process opened on April 3, 2020, a lot has changed. Most recently, on June 5, President Trump signed into law, the PPP Flexibility Act. In this episode, Paychex Compliance Analyst, Connor Mykins, talks with Gene Marks about the complexities around the PPP and what has changed with this most recent act. Listen as he discusses everything from the extension of the forgiveness period, the new percentage requirements for eligible expenses, what qualifies for acceptable nonpayroll costs, guidance on restoring headcount, and much more.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Monday Jun 08, 2020
Monday Jun 08, 2020
Signed into law by President Trump on June 5, 2020, the Paycheck Protection Program (PPP) Flexibility Act provides business owners with greater freedom for when and how loan funds must be spent. This new act increases the time borrowers have to spend their loan and reduces the percentage of the loan that must be spent on payroll. Listen in as CEO of CPA.com, Erik Asgeirsson, talks with Gene Marks about these new changes, as well as how this will positively impact businesses as they begin to reopen, how the PPP should be looked at as more of a grant program than a loan program, when you should start thinking about the forgiveness application, and his thoughts on the success of the PPP. Visit Paychex WORX to learn more about the PPP Flexibility Act.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Friday Jun 05, 2020
For Small Businesses the Focus is on Customer Relationships Post COVID-19
Friday Jun 05, 2020
Friday Jun 05, 2020
As businesses begin to reopen, a legitimate concern for many owners is having enough customers to keep their businesses going into the future. Alice Bredin, founder of the market research company Bredin, says that the key to this potential problem is for businesses to get into the mindset of their customers – find out what they are worried about, come up with plans to help ease their minds, and get the word out to your previous customers and any possible new prospects. Listen as Alice shares the findings from the most recent Paychex COVID-19 snap poll with Gene Marks and explains what the data is telling us about how business owner concerns, how they are working to get people in the door, what they have learned over the past few weeks about efficiency, and how they plan to prepare themselves for a possible second wave of the coronavirus. Click here to find out more about the findings from the latest COVID-19 snap poll.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Thursday Jun 04, 2020
IFA CEO Talks His Experience on the President’s Council for Reopening
Thursday Jun 04, 2020
Thursday Jun 04, 2020
Reopening businesses in the wake of the coronavirus pandemic is not an easy task. In fact, in order to provide direction to businesses on this, President Trump put together several Great American Economic Revival Industry Groups, made up of executives, economists, and industry leaders. Robert Cresanti, President and CEO of the International Franchise Association (IFA) was one of the industry leaders who was asked to help come up with a blueprint to guide businesses as they look to get up and running. Listen in as Gene Marks talks with Robert about some of the key takeaways, including how the CDC, OSHA, state, and local recommendations and regulations impacted the blueprint; what businesses should consider in terms of health and safety; and how the document will evolve as time goes on.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Wednesday Jun 03, 2020
CDC and OSHA Guidelines Provide Starting Point as Businesses Reopen
Wednesday Jun 03, 2020
Wednesday Jun 03, 2020
As businesses across the U.S. begin to reopen, there are a lot of rules and regulations that they need to be aware of to ensure they stay compliant. The Occupational Safety and Health Administration (OSHA), the Centers for Disease Control and Prevention (CDC), as well as the state and local governments have laid out guidelines that business owners need to be sure to educate themselves about. Listen in as Paychex Compliance Analyst, Rachel Dowling, talks with Gene Marks about everything from social distancing and temperature and health checks, to creating new health and safety protocols and guidelines vary by state and industry.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Monday Jun 01, 2020
Alice Bredin Talks Optimism of Small Business Owners Amidst COVID-19
Monday Jun 01, 2020
Monday Jun 01, 2020
Optimism. With the current coronavirus pandemic, it’s hard to believe that any business, especially a small business, could use that word to describe how they are feeling about the future. But according to Alice Bredin, founder of the market research company Bredin, that’s exactly the outlook small business owners have as they begin the road to recovery. Listen in as Alice talks with Gene Marks about the findings of the most recent Paychex COVID-19 snap poll which gives insight into what businesses are thinking about the future, industry and location trends, and the ways they are changing how they do business moving forward. Click here to learn more about the findings from the latest COVID-19 snap poll.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Friday May 29, 2020
Lulabelle’s Sweet Shop: Planning for the Future Post-COVID-19
Friday May 29, 2020
Friday May 29, 2020
As states begin to reopen, business owners around the country are rethinking looking at what changes they will need to make. Beyond the requirements that will be outlined by the government, some of these changes will be made based on the lessons business owners have learned throughout the past few weeks. As Gene Marks wraps up his conversation with Lulabelle’s Sweet Shop owner, Julie Wineinger, hear what she has planned for improving employee and customer safety moving forward, as well as what the COVID-19 pandemic has taught her about the importance of efficiency in business to improve her bottom line.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Thursday May 28, 2020
Retro Fitness Founder: How to Leverage the Crushing Pandemic
Thursday May 28, 2020
Thursday May 28, 2020
When the COVID-19 pandemic hit and businesses were forced to shut down, it crushed the health and wellness industry. Now, weeks later, it’s time for those businesses to get ready to reopen. But in an industry that is so hands on, will customers want to return? What will reopening look like? How will things change? And is there any positive to take away from this entire ordeal? Listen in as entrepreneurial leader and founder of Retro Fitness, Eric Casaburi, talks with Gene Marks about how business owners should take this as a positive opportunity to build excitement around reopening, create a great new member experience, and leverage the pandemic as a message to consumers about the importance of staying healthy.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Wednesday May 27, 2020
Angie Hicks on Perseverance – the Key to Being an Entrepreneur
Wednesday May 27, 2020
Wednesday May 27, 2020
There’s no question that when it comes to opening a business there’s a lot to think about – what you want to do, how you are going to do it, who you will do it with, and where you will find the money to get started. But there are some other things that you may not think about that can influence your success from the start and into the future. Listen in as Angie Hicks, Co-Founder of Angie's List talks with Gene Marks about her experience starting right out of college and how she helped grow the business from just two people to over 3,500. Find out what she’s learned about being taken seriously, work-life balance, what your investors are looking for, and never giving up.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Monday May 25, 2020
Optimism, Resiliency, and the Future of Small Businesses
Monday May 25, 2020
Monday May 25, 2020
While all businesses are concentrating on maintaining customer relationships, managing business as usual, making sure expenses are paid, and focusing on sales and marketing, there’s an optimism and resilience that is emerging among small business owners. Alice Bredin, owner of the market research company, Bredin, talks with Gene Marks about her findings from the Paychex COVID-19 snap polls, and how the coronavirus pandemic has spurred small business owners to make permanent change in the use of technology, scheduling, and work from home opportunities.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Friday May 22, 2020
Restauranteur Danny Abrams Talks the Aftermath of the COVID-19 Pandemic
Friday May 22, 2020
Friday May 22, 2020
Just one week before the shutdown, Danny Abrams opened his newest restaurant in New York City. Since then, he has had to navigate the Paycheck Protection Program, the Economic Injury Disaster Loan, helping his employees in any way he could, and the weight of growing bills. Listen in as Danny talks with Gene Marks about how the coronavirus pandemic has impacted his restaurants, and what he thinks it means for the future.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Thursday May 21, 2020
The Ups and Downs Applying for Federal Funding During COVID-19
Thursday May 21, 2020
Thursday May 21, 2020
Since the start of the coronavirus pandemic, Julie Wineinger, owner of Lulabelle’s Sweet Shop, has had her fair share of experience with applying for federal, local, and other funding opportunities meant to help businesses during these uncertain times. From the Economic Injury Disaster Loan, the Paycheck Protection Program, and even a D.C. grant opportunity, Julie has tried to take advantage of anything that has come her way. Listen in as she talks with Gene Marks about the highs and lows of applying for federal funding and other grants.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Monday May 18, 2020
Alice Bredin Sheds Light on How Small Businesses are Staying Afloat
Monday May 18, 2020
Monday May 18, 2020
Over the past three weeks, the market research company, Bredin has been connecting with small businesses (SMBs) – with between two and 500 employees – across the country to find out what they have done, what they are worried about, and what they are thinking about for the future amidst the current coronavirus pandemic. One of the most enlightening topics covered in this research is a look into what small businesses are thinking about the Paycheck Protection Program (PPP). With just one in three SMBs applying for a PPP loan, Alice Bredin talks with Gene Marks about what companies are doing to stay afloat, where they have gotten funds, and why they aren’t applying. Be sure to take a look at the other great findings from our Paychex COVID-19 snap polls.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Friday May 15, 2020
Finding Success with the Paycheck Protection Program Loan
Friday May 15, 2020
Friday May 15, 2020
With a focus on customers in the restaurant, bar, and retail businesses, Champion Technology was quickly and significantly impacted when closures happened. That’s when owner Bob Stone showed how the advice of his father to save for a ‘rainy day’ was more important than ever. In addition to his savings, Bob turned to the Paycheck Protection Program (PPP) loan to help him stay afloat during these uncertain times. Listen in as Bob talks with Gene Marks about how he used his resources and found success with the Paycheck Protection Program.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Wednesday May 13, 2020
Persistence With The Paycheck Protection Program (PPP) Loan
Wednesday May 13, 2020
Wednesday May 13, 2020
As a small business owner of a youth athletic company that partners with local schools, when COVID-19 hit, Team Turse was forced to close and Founder Matt Turse began looking for loan options to help him during these trying times. When it came to the Paycheck Protection Plan (PPP) loan, Matt faced many frustrations – from the application process to communication. Listen in as Matt talks with Gene Marks about his experience with the PPP process and what he’s learned along the way.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Monday May 11, 2020
Angie’s List: It’s Not About Surviving, It’s About Thriving Post- COVID-19
Monday May 11, 2020
Monday May 11, 2020
Deemed as essential businesses, companies in the home service industry have had to rethink how they do business, including what they do, how they do it, and how they respond to customers throughout this pandemic. According to Angie Hicks, Co-Founder of Angie’s List, 90% of home service companies have made immediate changes in their procedures to cleaning, sanitation, and customer communication to ensure the safety of both their employees and their customers. But, in order to come out of these challenging times a stronger and better company, they have to think long term. Listen in as Gene Marks talks with Angie Hicks about how businesses need to adapt to these new times to not just survive the pandemic, but thrive afterwards.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Friday May 08, 2020
Friday May 08, 2020
Just one week after closing her business due to COVID-19, Julie Wineinger decided to reopen for one day – a fundraiser for her employees. Using the inventory that was left at the store, Lulabelle’s offered pints of ice cream with contactless exchange. The success was overwhelming. That’s when Julie decided that she could use Lulabelle’s designation as an ‘essential business’ to the advantage of both her employees and the community. Listen in as she talks with Gene Marks about how she’s making the best out of a tough situation.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Wednesday May 06, 2020
Klean Katch Finds A New Purpose Among Dark Days of COVID-19
Wednesday May 06, 2020
Wednesday May 06, 2020
In the middle of February, Tim Lyon’s medical device company came to a screeching halt as the healthcare industry turned its focus to investing in personal protective equipment (PPE) and fighting the coronavirus pandemic. Suddenly, there he was without any revenue stream coming in and growing increasingly frustrated. Listen in as Tim Lyon, CEO and Co-Founder of Klean Katch talks with host Gene Marks about the psychological impact of the COVID-19 pandemic, and how he has found a new purpose while his business is closed helping bring joy to his friends and family.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Tuesday May 05, 2020
Employer Tax Credit For Employee Leave With Andy Gargana
Tuesday May 05, 2020
Tuesday May 05, 2020
As a result of the current COVID-19 pandemic, employees are faced with new and unexpected challenges that may require time away from work. Whether they become sick with coronavirus themselves, need to take care of a family member who becomes sick, or need to care for their children while schools and daycares are closed, the federal government has expanded their paid leave requirements. As a result of these new regulations, a tax credit is available to help employers pay for their employees’ time off. Listen in as Gene Marks talks with Paychex Compliance Analyst Andy Gargana about these tax credits, including pay requirements, credit maximums, the handling of healthcare costs and Medicare tax, and more.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Monday May 04, 2020
Nothing is Business as Usual at Seaman Corporation
Monday May 04, 2020
Monday May 04, 2020
With many businesses forced to close due to the COVID-19 pandemic, essential businesses, including Seaman Corporation - manufacturer of industrial fabrics – continue to operate and provide their products and services. But for them, nothing is business as usual. From setting up remote working, to adopting new safety procedures, these companies are learning to rethink how their business works. Hear from Richard Seaman, Chairman of the Board at Seaman Corporation, as he talks with Gene Marks about a new way of working amidst the current circumstances.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Friday May 01, 2020
Andy Gargana Breaks Down the Employee Retention Tax Credit
Friday May 01, 2020
Friday May 01, 2020
Part of the Coronavirus Aid, Response, and Economic Security (CARES) Act, the Employee Retention Tax Credit is available to qualified employers who are still paying employees during the current coronavirus pandemic. It allows the employer to take a refundable tax credit for up to 50% of up to $10,000 in wages paid for each employee. In the first of this two-part episode of the Paychex Business Series, Paychex Compliance Analyst Andy Gargana shares with Gene Marks what you need to know about the Employee Retention Tax Credit, including what it is, business eligibility, revenue qualifications, and more.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Wednesday Apr 29, 2020
Wednesday Apr 29, 2020
When the coronavirus pandemic hit, business owners all over the country had to make some very difficult decisions including deciding to stay open or close; whether to keep employees, furlough them, or lay them off; and how to cover costs such as rent and utilities. Listen in as Gene Marks talks with Julie Wineinger, Owner of Lulabelle’s Sweet Shop about her experience over the past few weeks as a small business owner during the coronavirus pandemic. In Part 1 of this four-part series, Julie talks about her decision to close the doors of her sweet shop, how she handled employee layoffs, what she did to help those employees navigate the unemployment process, and more.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Monday Apr 27, 2020
COVID-19: Federal Loans During the Coronavirus Pandemic
Monday Apr 27, 2020
Monday Apr 27, 2020
During this coronavirus pandemic, there are several federal loans available for small- and mid-sized business owners to help them during these unprecedented times. Founder of Team Turse, Matt Turse, shares his experience with the Economic Injury Disaster Loan (EIDL) and the Paycheck Protection Program (PPP). Hear from him as he shares some tips with Gene Marks about applying to and receiving these loans to help his business during these uncertain times.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Thursday Apr 23, 2020
Everything you need to know about the Paycheck Protection Program
Thursday Apr 23, 2020
Thursday Apr 23, 2020
The Paycheck Protection Program – part of the Coronavirus Aid, Response, and Economic Security (CARES) Act – was designed to get cash out quickly to small- and mid-sized businesses that are struggling during the current coronavirus pandemic, and incent them to maintain or rehire employees and keep their wages high. Listen in as Gene Marks talks with Mike Trabold, Director of Compliance at Paychex, and learn about the specific features of the Paycheck Protection Program, including business eligibility, loan forgiveness, and more.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Wednesday Apr 22, 2020
COVID-19: Deferral of Employer Payroll Taxes
Wednesday Apr 22, 2020
Wednesday Apr 22, 2020
One of the provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, is the ability of employers to defer the employer portion of social security tax. Join Gene Marks and Bill Goselin, Compliance Analyst at Paychex, as they discuss what that means for employers, limitations, restrictions, and the impact of the Paycheck Protection Program.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Tuesday Apr 21, 2020
COVID-19: The Families First Coronavirus Response Act (FFCRA)
Tuesday Apr 21, 2020
Tuesday Apr 21, 2020
The Family First Coronavirus Act (FFCRA) – enacted to help businesses deal with the coronavirus pandemic. Join Gene Marks and Tammy Tyler, Manager of Employment Law Compliance at Paychex as they discuss the paid leave portion of this act and how it affects your business and your employees.
For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
Monday Apr 13, 2020
COVID-19: The Economic Injury Disaster Loan Program
Monday Apr 13, 2020
Monday Apr 13, 2020
In this podcast, Gene Marks tells you what you need to know about the Economic Injury Disaster Loan Program. Find out what it is, who’s eligible, and what’s available. Listen in as he discusses what’s being offered by the Small Business Administration (SBA) in response to the coronavirus pandemic.
Visit our Covid-19 Help Center for more information on coronavirus and your business.
DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.