Restaurants and retail stores in Florida may now increase their capacity to 50% (the previous limit was 25% capacity). Gyms and fitness centers may open at 50% capacity (except in Broward and Miami-Dade counties). For a one-page summary from the Governor’s office about what businesses may now be open in Florida, click here. Restaurants Restaurants […]
Read MoreEffective Monday, May 18, 2020, Miami-Dade and Broward counties will allow restaurants, stores, and salons to re-open with restrictions. Bars, gyms, and spas must remain closed. Face coverings/masks must be worn inside businesses or wherever social distancing is not possible. This includes employees, customers, clients, and visitors. Keep in mind that just because a business […]
Read MoreBarbershops, Hair & Nail Salons Effective today, May 11th, Florida Governor DeSantis is allowing barbershops, hair salons, and nail salons to reopen as long as social distancing guidelines are enforced and the following precautions are taken: Customers must be by appointment only; no walk-ins are allowed. Salons must allow at least 15 minutes between appointments […]
Read MoreEmployers are responsible for withholding Social Security and Medicare payroll taxes from their employees’ paychecks and paying these taxes along with the employer’s share to the IRS each month. The Social Security tax is 12.4% total, with 6.2% withheld from the employee’s wages and the employer paying 6.2%. The Medicare tax is 2.9%, with 1.45% […]
Read MoreThe Paycheck Protection Program (PPP) was supposed to provide forgivable loans to small businesses so they can pay their payroll, rent, and utilities for 2 months. About 10 days ago, the PPP loan program ran out of money, so the US Small Business Administration stopped accepting PPP loan applications. Last Thursday, Congress approved an additional […]
Read MorePaycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) Update As many small businesses are painfully aware, the federal and state loan programs for small businesses affected by the coronavirus have run out of money. The Paycheck Protection Program (PPP) loans and the Economic Injury Disaster Loans (EIDLs) have stopped taking applications due to […]
Read MoreThe new federal law called the Families First Coronavirus Response Act (CARES Act) requires small businesses to provide paid sick and family leave to employees in certain coronavirus-related circumstances. Click here for more details about when this leave is required. The CARES Act also requires small businesses to provide a notice to their employees explaining […]
Read MoreFUBA members can sign up to receive important alerts on how COVID-19 is affecting Florida small businesses. If you are not yet a member, please consider joining the thousands of other employers who support the small business community in Florida. Learn more about the benefits of membership in FUBA and become a member today!
Read MoreThe situation surrounding COVID-19 is changing every day, but FUBA is working hard to keep you updated on how it impacts your business. We are compiling a list of resources that will be available on our website very soon. In the meantime, here are the most important things that small business owners need to know. […]
Read MoreA new federal law passed in response to the COVID-19 (Coronavirus) crisis requires employers to provide paid leave to their employees starting on April 1, 2020 (originally scheduled to take effect April 2, but the US Department of Labor has clarified that it begins April 1). While the new law applies to all businesses in […]
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