Rachel Blakely-Gray, Author at Patriot Software - Page 8 of 39
Author:

Rachel Blakely-Gray

As Patriot's Content Manager, Rachel is responsible for planning and creating useful, actionable content for Patriot’s marketing department.

Updates to the Income Tax Withholding Tables and What You Need to Know

Like past years, the IRS released changes to the income tax withholding tables for 2022. Use these updated tables to calculate federal income tax on employee wages in 2022. In addition to the annual tax rate and bracket changes, employers can still use the optional computational bridge released in 2021.

Read More Updates to the Income Tax Withholding Tables and What You Need to Know

The ERC Ended Early. If You Already Reduced Your Tax Deposits, Here’s What to Know About Penalties

The November 2021 Infrastructure Investment and Jobs Act ended the Employee Retention Credit (ERC) program earlier than expected. Originally slated to expire December 31, 2021, the ERC ended retroactively for most businesses on September 30, 2021. With the ERC ending early, employers probably have questions about deposits—and penalties.

Read More The ERC Ended Early. If You Already Reduced Your Tax Deposits, Here’s What to Know About Penalties

SBA Disaster Assistance: Low-interest Loans to Help Get You Back to Business

If a disaster impacts your business, you might need to make repairs or temporarily shut down. For some, the expenses associated with disaster recovery cause negative cash flow or even small business bankruptcy. SBA disaster assistance can provide you with the funding you need to protect and continue running your business.

Read More SBA Disaster Assistance: Low-interest Loans to Help Get You Back to Business