On June 3rd, the Senate passed the Paycheck Protection Flexibility Act, the bill was passed by the House on May 28th. The President had previously indicated he would sign the bill and is widely expected to do so. The bill makes several key changes to the Paycheck...
We’ve received many questions over the past few months from employers who wish to better understand potential liability for COVID-19 infections. While there has been talk of legislation which would provide some degree of protection to businesses, at present the...
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...
On Tuesday April 21st, the Senate passed a $484 billion bill which provides additional funding to the Paycheck Protection Program. The House is widely expected to pass the bill by Thursday. Loan approvals could commence on Friday. The Paycheck Protection Program was...
Both the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief and Economic Security (CARES) Act made significant temporary changes to unemployment insurance benefits.Unemployment insurance benefits are administered by state agencies in...
FFCRA UpdatesThere were several key developments on April 1, 2020 in regard to the Families First Coronavirus Response Act (FFCRA). The Department of Labor (DOL) issued much anticipated regulations which provide critical guidance on how employers should administer the...
