The U.S. Small Business Administration (SBA) and Treasury issued guidance late Wednesday night for the reconstituted Paycheck Protection Program (PPP). PPP2 Paycheck Protection Program funding is available to businesses that previously received a PPP loan. Businesses are eligible for a second PPP loan of up to $2...
House and Senate working to increase PPP flexibility for small businesses Both the House and Senate are working to make changes to the Paycheck Protection Program (PPP). Last night, the House passed the Paycheck Protection Program Flexibility Act. The act makes several key changes to the PPP. ...
Congress has passed and President Donald Trump is expected to sign a $900 billion coronavirus relief package. The legislation includes a $300 weekly unemployment supplement, $600 direct payments and nearly $300 billion in Paycheck Protection program loans....
Tune in and listen to KRS manager Lance Aligo, CPA, on the Strategies & Ideas for Business podcast as he discusses where things stand now with Paycheck Protection Plan loan forgiveness....
There has been a lot of media coverage regarding additional stimulus packages and a second round of Paycheck Protection Program funding (PPP2). No legislation has been enacted and no applications can be submitted, at time of release of this article....
PPP Loan Forgiveness Application form plus instructions for borrowers can be downloaded here. PPP Forgiveness Application...
The Payroll Protection Program was established by the United States Small Business Administration in 2020. Its main purpose was to provide relief for small businesses impacted by the Covid-19 pandemic....
The Coronavirus Aid, Relief and Economic Security (CARES) Act enacted to provide relief in response to the coronavirus (COVID-19) pandemic includes a provision to waive Required Minimum Distributions (RMDs) during 2020 for individual retirement accounts (IRAs) and retirement plans, including for beneficiaries with inherited...
Protocols apply to both private and public sector organizations Governor Phil Murphy signed Executive Order No. 192, which mandates workplace health and safety standards during the COVID-19 pandemic. The executive order, which goes into effect on November 5th at 6am, will require all New Jersey employers...
Get up to speed now on what employers need to do to ensure employee voting rights Although some employees may choose voting by mail during the COVID-19 pandemic, others will want to cast their ballots in person. They may have the right to take time off...
