CARES Act – Tax Savings and Business Opportunities

By Jennifer Eubanks | April 10, 2020 |
White ceramic sculpture with black face mask

Small Businesses may be able to take advantage of a number of tax savings and cost deferral opportunities presented by the CARES Act. Read on to learn about a few of the provisions and potential savings. Deferral of employer Social Security tax You can generally defer the employer share of the 6.2% Social Security tax…

Read More

Help for Small Businesses in VA

By Jennifer Eubanks | March 30, 2020 |
The city of Purcellville

Virginia Governor Ralph Northam released Workforce Innovation and Opportunity Act (WIOA) Rapid Response funding to support Northern Virginia employers to remain open during this emergency. The funds are intended to assist local employers to avert layoffs and support other operational needs.  These strategies and activities are designed to prevent, or minimize the duration of, unemployment…

Read More