Last March, the Families First Coronavirus Relief Act (FFRCA) was passed to help support employers and employees impacted by the pandemic. This act requires certain employers to offer paid sick…
Thanks to legislation signed into law late in 2020, the latest round of Economic Impact Payments (EIP) (also known as “stimulus payments”) started going out on December 29, with an…
“The Coronavirus 2.0” bill passed Congress on December 21, 2020, and was signed into law on December 27. The law covers a wide range of topics, including updates and enhancements…
The SBA has been releasing additional guidance regarding Paycheck Protection Program (PPP) loan forgiveness. Here are some highlights. Health insurance for business owners Health insurance expenditures for S-corporation shareholders (2%…
While the deadline for applying for loan forgiveness is ten months after the end of the covered period, the inclination to start the loan forgiveness application process sooner rather than…
The Employee Retention Credit has not received as much attention as the Paycheck Protection Program and the Economic Impact Payment parts of the CARES Act, but this credit can provide…