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Here is the New PPP Loan Guidance
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...
Have the Tax Credits for Paid Leave Been Extended?
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...
Who is Eligible for the New Simpler PPP Loan Forgiveness?
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...
How to Adjust Paid Leave Programs During the Pandemic
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...
