News

Office of International Trade U.S. Small Business Administration Working Capital Pilot Program Launch SBA announced the launch of the 7(a) Working Capital Pilot (WCP) Program. The WCP offers a newly structured line of credit, made by 7(a) lenders, and backed by the SBA, designed to give greater flexibility than a traditional term loan.  The WCP represents a significant expansion of the SBA’s ...read more

Did you know?  New hire reporting laws require EVERY employer report EVERY employee:  All employees need to be reported within 20 days of the date of hire.Any employee returning from a leave of absence during which they received no pay for 60 days or more must be re-reported.Every employee that earns any wages must be reported, including: Temporary employeesIndependent contractorsSeasonal ...read more

Did you know? New hire reports are essential to child support. Only accurate new hire reports help children get the support they need. All employers should review their reporting processes to be sure that new hire reports are as accurate as possible. Steps to ensure you submit accurate information: Provide the employee's name exactly as listed on their SSN card.Enter double or hyphenated last ...read more