SBA Provides Rules for Second Draw PPP Loans
Wednesday night, SBA & Treasury released new guidelines for PPP Loans. The guidance is in two interim final rules. The first is the Business Loan Program…
Wednesday night, SBA & Treasury released new guidelines for PPP Loans. The guidance is in two interim final rules. The first is the Business Loan Program…
On December 9th Pittsburgh Mayor Bill Peduto signed a Temporary COVID-19 Emergency Paid Sick Leave Ordinance. This gives certain workers in the city an…
This month The U.S. Small Business Administration, in consultation with the Treasury Department, released a simpler loan forgiveness application for…
The PA Department of Labor & Industry (L&I) amended the Minimum Wage Act to clarify requirements and update salary thresholds to reflect the current wages…
On October 2, 2020 the IRS announced that it is extending the ACA deadline again for this year. Employers were originally required to furnish year 2020…
Payroll Tax Deferral Next Steps
Late on Friday August 28, 2020 the IRS and the Department of Treasury issued long-awaited guidance on the payroll tax deferral that was issued by…
On Saturday, President Trump signed an Executive order regarding a deferral for employee and employer Social Security tax. While these are not yet…
On Tuesday the Small Business Administration released a sheet of FAQs regarding PPP Loan Forgiveness. The FAQs are very detailed and provide much needed…
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