The dust is still flying from the mad dash of companies filing for a Paycheck Protection Program (PPP) loans under the CARES Act. Even with a delay in the start of the application window, some companies have found out in the past 24 hours that their loans have been approved and the funds will soon …
COVID-19 Crisis Creates Health Benefit Opportunities
Recent legislation, the Families First Coronavirus Response Act, covers more than paid leave for illness or those who need to stay at home with their school aged children. The FFCRA also requires that all group health plans: Cover coronavirus testing without any cost-sharing for participants. …
Paycheck Protection Loan Application Available NOW
03/31/2020 Though applications cannot be submitted until April 3, 2020, it is HIGHLY recommended that employers act now to complete the application and reach out to their financial institution to secure their spot in line for the loans available under the CARES Act. Just released, the application …
Economic Impact Payments: What you need to know
Economic Impact Payments: What you need to know Check irs.gov for the latest information: No action needed by most people at this time The Treasury Department and the Internal Revenue Service announced on Monday, March 30, 2020, that distribution of economic impact payments will begin in the next …
CARES Act Passage
The President recently signed legislation that includes important provisions to help you keep your employees on the payroll during the COVID-19 crisis. These benefits are potentially available to all employers and, in some cases, the federal government will cover many of the costs of continuing to …