Congress Loosens PPP Loan Restrictions
Congress recently passed legislation to loosen some of the restrictions that came with the popular Payroll Protection Program; the president signed it into law on June 5. The new law …
Congress recently passed legislation to loosen some of the restrictions that came with the popular Payroll Protection Program; the president signed it into law on June 5. The new law …
The IRS has granted relief for 125 cafeteria plans, health flexible spending arrangements, and dependent care assistance programs. In Notice 2020-29, the IRS has: Extended claims periods for taxpayers to apply …
One of the most significant features of the SBA’s Paycheck Protection Program is the forgiveness provision—the loans become grants for companies that use the loans to maintain their workforce levels. Companies …
Like most new government programs, the PPP has been followed by a stream of clarifying guidance from the relevant federal agencies. Whether you have such loans already or are seeking …
Employers and workers would all like a simple set of rules that describe how the pandemic affects the workers’ compensation system. However, the system is very much in flux and …
The Employee Retention Credit has been designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50 percent of up to $10,000 in wages paid …
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