Employee Retention Tax Credit (ERTC)
Coronavirus Aid, Relief and Economic Security (CARES) Act
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.
Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.
ELM is pleased to announce a new opportunity to provide identify theft coverage for you and your employees with LifeLock. LifeLock provides wide-ranging monitoring and alerts, making it useful if you don’t have the time or desire to monitor your own credit and other accounts for suspicious activity. We think you’ll agree that this an inexpensive way to provide a protection to you and your employees. Please see attached for enrollment packets to be given to all full and part time employees. The cost of the employees elected plan will be deducted from the employees first check of the month each month.
Important Documents and Forms
*ELM highly recommends that everyone refrains from taking advantage of this Social Security Tax Deferral until more guidance is issued.
For clients needing access to our old Payroll system, please click below: