Economy

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IRS
Michael Cohn
November 9, 2020 5:34 PM

The service is rolling out new systems and expanding forms that can be electronically filed by tax-exempt organizations.

8 Min Read
Paychex office
Michael Cohn
November 5, 2020 5:13 PM

Wages are set to go up in Florida after voters passed a minimum wage ballot initiative in Tuesday’s election.

4 Min Read
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By Michelle Davis, Zachary Mider and Polly Mosendz
October 30, 2020 10:22 AM

For a few months this year, a U.S. government aid program meant for struggling small-business owners was handing out $10,000 to just about anyone who asked. All it took was a five-minute online application. You just had to say you owned a business with at least 10 employees, and the grant usually arrived within a few days.

15 Min Read
CBIZ headquarters in Cleveland
Danielle Lee
October 28, 2020 9:00 AM

CBIZ’s new offering helps businesses at various stages of COVID-19 recovery.

5 Min Read
IRS headquarters
Non-profits
Michael Cohn
October 23, 2020 1:56 PM

The Internal Revenue Service is reversing course on the automatic revocation notices that it sent to more than 30,000 tax-exempt organizations.

2 Min Read
CRE
Allissa Kline
October 22, 2020 5:48 PM

Many of the Buffalo, N.Y., bank’s commercial loans have exited forbearance granted in the early days of the pandemic — except hospitality and retail, which were given longer dispensation.

2 Min Read
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Michael Cohn
October 16, 2020 4:42 PM

Accountants and tax professionals have been helping their small business clients deal with the economic fallout from the COVID-19 pandemic, shifting away from their routine compliance work after the end of the prolonged tax season.

7 Min Read
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Michael Cohn
October 9, 2020 3:13 PM

The U.S. Small Business Administration and the Treasury Department are making it easier for companies to get their Paycheck Protection Program loans of $50,000 or less forgiven.

7 Min Read
RV shipments
By Jon Prior
October 7, 2020 2:06 PM

Many consumers are taking to the highways and the water for safe getaways during the pandemic — powering one of the few bright spots in lending. However, bankers warn that boomlets usually come with distinctive credit risks.

3 Min Read
Department-of-Labor
Michael Cohn
October 2, 2020 10:47 AM

The unemployment rate declined to 7.9 percent in September, the U.S. Bureau of Labor Statistics reported Friday.

5 Min Read