Jan 11, 2021 | GTM Business Blog isolved
It was recently announced by the U.S. Small Business Administration (SBA) that beginning the week of January 11, the Paycheck Protection Program (PPP) will re-open for new borrowers and certain existing PPP borrowers. According to the SBA, only community financial...
Dec 28, 2020 | GTM Business Blog isolved
A new $900 billion coronavirus relief bill has become law and answers the question of whether federal Emergency Paid Sick Leave (EPSL) and Emergency Family and Medical Leave (EFMLA) will be extended. The answer is yes, but it’s an option, not a requirement. Here’s...
Oct 14, 2020 | GTM Business Blog isolved
The Small Business Administration (SBA) and the U.S. Department of Treasury (Treasury) recently released a simpler Paycheck Protection Program (PPP) Loan Forgiveness Application Form 3508S and instructions. This updated, simpler PPP loan forgiveness two-page...
Oct 12, 2020 | GTM Business Blog isolved
The COVID-19 pandemic has undoubtedly changed many aspects of the modern workplace — and some of those changes may continue in perpetuity after the pandemic is over. One aspect that falls into this category is paid leave programs. Many employers across the country are...
Sep 1, 2020 | GTM Business Blog isolved
On Aug. 8, 2020, President Donald Trump ordered the U.S. Department of Treasury (the Department) to defer collecting certain payroll taxes from wages earned between Sept. 1 and Dec. 31, 2020. On Aug. 28, 2020, the Internal Revenue Service (IRS) issued Notice 2020-65...
Jul 6, 2020 | GTM Business Blog isolved
Congress has passed legislation to extend the application deadline for small business loans, which President Trump has signed. The Paycheck Protection Program (PPP) loan application deadline has been extended through Aug. 8, 2020. Prior to the extension, the deadline...