Money Management
Tax Credits Available for Covid Vaccine Sick Days
Under the American Rescue Plan, employers (under 500 employees) can be reimbursed for sick days paid to employees to get a vaccine or to recover from the vaccine. This is in effect from April 1, 2021, through September 30, 2021. Look here and here for more information about this helpful program.
Read MoreGet Ready for SBA Coronavirus Relief Loan – Available April 3, 2020
The US Senate has just approved the stimulus package, which includes help for small business owners with economic issues caused by the coronavirus. This SBA loan (called Paycheck Protection Program) is a great deal for small businesses, as the portion that you use on payroll, rent, and utilities, for 8 weeks, will be forgiven. You…
Read MoreProsper Portland Helps Small Businesses—Apply by April 1, 2020
Portland business owners can apply for a $10,000 grant from Prosper Portland, which will help their business recover from economic issues related to the COVID-19 virus. There are several criteria to qualify for this grant. You must be directly impacted by the new COVID-19 public health requirements. You must continue to pay employees and/or provide…
Read MoreAre You Ready for Oregon’s Wage Increase?
Oregon’s minimum wage will increase on July 1, 2019. Portland metro area will go up to $12.50hr, but rural counties will be $11.00 and non-rural counties will be $11.25hr. Go to oregon.gov to see the details. This is the time to keep a close eye on your payroll costs, because payroll is one of the…
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