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COVID-19 has caused everyone’s home and work lives to collide. A few months ago, we found ourselves suddenly juggling our work, kids trying to learn to divide fractions via Zoom, and a working spouse, all while worrying about aging parents. That door we had at the office? It isn’t there anymore. You might find yourself […]
If your business made any plans for 2020, no doubt you’ve already thrown them in the trash bin (or recycling if you’re going green). The combination of a pandemic and an economic crisis has blown most business plans out of the water and made it difficult to even imagine planning for the rest of the […]
This is part five in our occasional series about applying for coronavirus-related loans. The Families First Coronavirus Response Act (FFCRA) took effect in early May. It states that companies with fewer than 500 employees have to offer paid medical leave after the employee takes 10 unpaid days. An employee is eligible if 1) that employee […]
Unless you happen to sell disinfecting wipes or offer online meeting services, this is probably a tough time for your business. Whether business has slowed or your company is completely shut down, you’re probably struggling in some way. And the situation is made worse by the uncertainty; nobody knows when things will start to improve […]
With the current crisis, we have all been thrust into uncharted waters. The past month has confronted businesses with an unprecedented situation—this has literally never happened before—that affects different businesses in different ways. Some are shut down, some are experiencing a slow down in business, and some are busier than ever. If your business is […]
We are going to keep this one short and sweet. We just received information that the SBA issued an update last night. No 1099 contractors are to be included in a company’s PPP application. Those 1099 contractors should apply directly for the PPP for themselves. The other update that you should know is the interest […]
To briefly recap, there are two ways to receive SBA money – Payroll Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). As is standard with all things bureaucratic, it’s a bit more complicated than that. There is also an Employee Retention Credit that was issued under the CARES Act as well. The PPP and […]
There is a lot of information that is coming out from the government, and we are doing our best to keep up with it. Here is what we know as of now. There are several loan/grant programs available: Local small business grants Payroll Protection Program (PPP) Economic Injury Disaster Loans (EIDL) We are focusing on […]
COVID-19 has confronted businesses like yours with unprecedented challenges. The situation is constantly changing, and it is difficult to know what to do next. Office Accomplice wants to help you navigate these tricky times by keeping you up to date. We will be providing regular, brief updates about how the coronavirus affects businesses like yours […]
Your business has been humming along, working just fine in the office. But now suddenly the coronavirus concerns have hit the country, and you’re faced moving your entire operation online. This is an eventuality your company (along with the rest of the country) probably didn’t plan for, and you have to move quickly to avoid […]