On Friday May 15th, the Small Business Administration (SBA) issued the Paycheck Protection Program (PPP) Loan Forgiveness Application. The accompanying instructions provide details on calculating forgivable amounts under the PPP program.A key option included in the...
The Centers for Disease Control (CDC) have released new guidance to assist employers in re-opening during the COVID-19 pandemic.The guidance takes the form of new checklists which employers may utilize to determine if they are ready to re-open. The guidance is at a...
Since the Paycheck Protection Program (PPP) was implemented, there have been sometime contradictory and often confusing messages from the Small Business Administration (SBA) and Department of the Treasury about exactly which small businesses with less than 500...
On April 29th, the Internal Revenue Service (IRS) and the Department of Labor (DOL) jointly announced an extension of certain time frames under COBRA continuation. The extension is intended to benefit individuals who are impacted by the COVID-19 pandemic, the rule...
Now that more companies have received Paycheck Protection Program (PPP) funds, we’ve been getting a steady stream of questions on how to maximize loan forgiveness.As of today, the interim final rule on PPP forgiveness has not been issued. So important details on...
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