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Axcet HR Solutions is committed to helping small business owners build their businesses. We do that by providing valuable content through our blog and Resource Library.

Third-Party Payroll Service Providers Are Not Created Equal: CPEOs Relieve Employer Liability

Small business owners have to juggle multiple responsibilities simultaneously. Outsourcing payroll is one way they can lighten their loads. Third-party service providers can streamline payroll operations by handling some or all of a small...

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Telework Pay Guidance: What it Means for Employers

At the end of August, 2020, the U.S. Department of Labor (DOL) Wage and Hour Division issued Field Assistance Bulletin No. 2020-5 regarding employers’ obligation to accurately account for how much time employees work when away from their...

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Latest PPP Forgiveness Guidance Addresses Owner-Employee Compensation

The U.S. Small Business Administration opened a Paycheck Protection Program (PPP) loan forgiveness portal August 10, 2020. Many banks, however, are not yet accepting applications as they await further guidance from the agency. Borrowers have 10...

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Treasury, SBA Release New List of PPP Forgiveness FAQs; Here’s What You Should Know

Despite some areas of the country slowing down or halting reopening due to an uptick in COVID-19 cases, another 1.8 million jobs were added in July. In addition to those July jobs, 2.7 million were added in May and 4.8 million in June — and a lot...

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Paycheck Protection Program Extended; Small Businesses Have Until August 8 to Apply

The window for small businesses to apply for a Paycheck Protection Program (PPP) loan through the SBA was originally set to close on Tuesday, June 30, 2020. However, at that time, approximately $135 billion in PPP funds were still remaining,...

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PPP News: “EZ” Forgiveness Application, Transparency and Interim Final Rule

From the Paycheck Protection Program Flexibility Act (PPFA) and the new Paycheck Protection Program (PPP) “EZ” Forgiveness Application to borrower transparency and the June 22 Interim Final Rule, the Paycheck Protection Program has regularly been...

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Paycheck Protection Program Flexibility Act Eases Forgiveness and Repayment

On Friday, June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020 (PPPFA), a bipartisan bill which modifies certain provisions of the Paycheck Protection Program (PPP) to allow employers more...

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SBA PPP Loan Forgiveness Guide for Small Business Owners

The Small Business Administration (SBA) Paycheck Protection Program (PPP) was originally included as part of the CARES Act and provided small businesses negatively impacted by the coronavirus pandemic $349 billion plus an additional $310 billion...

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Round Two of the Paycheck Protection Program Launched Monday - Here’s What You Should Know

The Small Business Administration (SBA) Paycheck Protection Program (PPP), originally included as part of the CARES Act, re-launched Monday morning at 10:30 a.m. ET with an additional $310 billion in new funding for forgivable, 1% interest loans...

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State & Federal Compliance: The 8 Most Common Wage & Hour Violations

Between state and federal guidelines, employers and human resources professionals must comply with dozens of wage and hour rules. To add difficulty, employers with employees working across multiple states must comply with the guidelines in each...

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