The 12 weeks is from the previous bill

Mar 26, 2020
10:08:24pm

snowcat Starter

And you can take a credit immediately against your normal federal payroll taxes. I don’t think it will be too bad if you don’t have too many employees using it.

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snowcat

Bio page: snowcat
Joined: Sep 3, 2003
Last login: May 7, 2024
Total posts: 1,635 (6 FO)

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Messages

Author

Time

Is the stimulus really going to help or harm small businesses?

dchandle15

3/26/20 9:52pm

I know so little, but imho, it sounds like bloated, bureaucratic overkill

Boanerges

3/26/20 9:58pm

I think most of those provisions are waived for businesses UNDER 500 employees

Tare

3/26/20 10:00pm

These rules are for companies with less than 500 employees

oohYeah

3/26/20 10:03pm

Does he have less than 50 employees?

oohYeah

3/26/20 10:02pm

I was on a call with Senator Sinema today. Have good notes if you want them.

ugo1st

3/26/20 10:05pm

That would be awesome. I’m genuinely curious.

dchandle15

3/26/20 10:18pm

Hope this helps!

ugo1st

3/26/20 10:20pm

For the record, I think the stimulus is GREAT for small businesses.

ugo1st

3/26/20 10:20pm

Thank you. I honestly think my dad is just depressed due to his situation.

dchandle15

3/26/20 10:35pm

The forgiveable loans are great. Businesses with less than 50 employees can

ugo1st

3/26/20 10:38pm

Thanks - extremely helpful!

BYUfan92

3/26/20 10:24pm

The 12 weeks is from the previous bill

snowcat

3/26/20 10:08pm

what if everybody's been laid off already (like a lot of

relic

3/26/20 10:45pm

Bill is retroactive to Feb 15 so if you laid off people after that date and

dccoug

3/27/20 1:23am

it was this week.....

relic

3/27/20 8:48am

RE: it was this week.....

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