In the wake of the outcry following the release of information on large public companies that had received PPP loans, the SBA has provided additional guidance to lenders and borrowers regarding the good faith certification…
The Employee Retention Credit is a fully refundable tax credit available to all non-governmental eligible employers, regardless of size, who retain and pay qualified wages and compensation (including qualified health plan expenses) to their employees…
The CARES Act creates the Federal Pandemic Unemployment Compensation program (FPUC), which provides an additional $600 per week to individuals who are currently collecting regular unemployment benefits. The CARES Act also aids individuals not covered…
Paycheck Protection Program The Paycheck Protection Program (PPP) is a Small Business Administration (SBA) loan available to small businesses with fewer than 500 employees (including sole proprietors, independent contractors and self-employed persons). Businesses in the…
As part of the $2 trillion economic relief bill signed into law by President Trump on March 27, 2020, the IRS will be sending payments to millions of Americans. At this time, here’s what we…
On March 18, 2020, the Families First Coronavirus Response Act (FFCRA) was signed into law by President Trump. The FFCRA becomes effective April 2, 2020 and expires on December 31, 2020 – it is not…
The national state of emergency in response to the COVID-19 pandemic is forcing many employers to carefully weigh their workforce options. Some employers have been able to continue business operations by implementing remote work arrangements…