PPP Loan Forgiveness Application and New Frequently Asked Questions Released
The sample Paycheck Protection Program (PPP) loan forgiveness application for loan forgiveness under the PPP was made available late last week. While the sample application does not answer all the questions we have, it does provide some clarity. This article provides an overview.
Plan for Employee Safety as Employees Return to Work
Chances are, employers don't need the force of law to make them care about the health of their employees, especially during the novel coronavirus (COVID-19) pandemic. But it's still important to know what the federal workplace safety agency — the Occupational Safety and Health Administration (OSHA) — has to say about employees returning to their jobs with a measure of confidence in their own safety.
Loan Forgiveness Through the Paycheck Protection Program: How Will it Work?
If you have already received your loan through the PPP, you may be wondering what you’ll need to do to apply for forgiveness at the end of your eight weeks.
Additional Tax Extensions Announced Due to Coronavirus
The Coronavirus Aid, Relief, and Economic Security (CARES) Act contains a variety of relief, notably the “economic impact payments” that will be made to people under a certain income threshold. But the law also makes some changes to retirement plan rules and provides a new tax break for some people who contribute to charity
CARES ACT Changes Retirement Plan and Charitable Contribution Rules
The Coronavirus Aid, Relief, and Economic Security (CARES) Act contains a variety of relief, notably the “economic impact payments” that will be made to people under a certain income threshold. But the law also makes some changes to retirement plan rules and provides a new tax break for some people who contribute to charity.
Changes in Unemployment Benefits for Michigan Workers
In the wake of the Coronavirus Aid, Relief, and Economic Security (CARES) Act being signed into law, Governor Whitmer signed an agreement between Michigan and the U.S. Dept. of Labor to implement Pandemic Unemployment Assistance and Compensation programs. This article includes details on the agreement and the new unemployment filing schedule.
Payroll Protection Program Offers Loans to Small Businesses to Keep Americans Employed
The Paycheck Protection Program (PPP) aims to help Americans stay employed by offering forgivable loans to small businesses to assist with payroll, rent, mortgage interest, and utilities. The opportunity to apply for the PPP is coming up soon and we wanted to provide you with a brief overview of the program and a list of resources.
