The President, in a swift move on Saturday, signed into law 4 new executive orders. <\/p>\n\n\n\n
Here is a breakdown of each order and how it may affect you:<\/p>\n\n\n\n
Executive Order: Payroll Tax Holiday <\/strong><\/u> Extending Enhanced Unemployment Benefits<\/strong><\/u> Minimizing Ability to Evict Residents\/Homeowners<\/strong><\/u> Student Loan Borrowers Relief<\/strong><\/u> If you have any questions please feel free to give us a call at (702) 258-1995.<\/p>","protected":false},"excerpt":{"rendered":" The President, in a swift move on Saturday, signed into law 4 new executive orders. Here is a breakdown of each order and how it may affect you: Executive Order: Payroll Tax Holiday The new executive order shows business owners now have the ability to defer the payroll taxes owed for any compensation and wages that […]<\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[1,24,25],"tags":[17,26],"class_list":["post-1035","post","type-post","status-publish","format-standard","hentry","category-general","category-link","category-news","tag-covid19","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/posts\/1035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/comments?post=1035"}],"version-history":[{"count":0,"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/posts\/1035\/revisions"}],"wp:attachment":[{"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/media?parent=1035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/categories?post=1035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nevadabenefits.com\/es\/wp-json\/wp\/v2\/tags?post=1035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
The new executive order shows business owners now have the ability to defer the payroll taxes owed for any compensation and wages that occurred from 9\/1 – 12\/31.
This payroll tax holiday is scheduled to still be owed taxes but just delayed.
However, there has been a mention of potentially offering Payroll Tax Forgiveness on this deferral, but nothing is set in stone.<\/p>\n\n\n\n
The unemployment benefits of $600\/week expired last week. However, a new executive order came into play to extend the additional unemployment to 400\/week.
The federal government will be taking on 75% of the cost and the states will take on the remaining costs of 25%.<\/p>\n\n\n\n
Renters and homeowners can stay in their homes as a protection from eviction.
“It is the policy of the United States to minimize, to the greatest extent possible, residential evictions and foreclosures during the ongoing COVID-19 national emergency.”<\/p>\n\n\n\n
The final executive order now extends the student loan interest rate of 0% to the end of the year.\u00a0
All of these changes come on the last day the Paycheck Protection Program was extended to due to the Flexibility Act.<\/p>\n\n\n\n