Now that more companies have received Paycheck Protection Program (PPP) funds, we’ve been getting a steady stream of questions on how to maximize loan forgiveness. As of today, the interim final rule on PPP forgiveness has not been issued. So important details on...
On Tuesday April 21st, the Senate passed a $484 billion bill which provides additional funding to the Paycheck Protection Program. The House is widely expected to pass the bill by Thursday. Loan approvals could commence on Friday. The Paycheck Protection Program was...
Both the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief and Economic Security (CARES) Act made significant temporary changes to unemployment insurance benefits.Unemployment insurance benefits are administered by state agencies in...
FFCRA UpdatesThere were several key developments on April 1, 2020 in regard to the Families First Coronavirus Response Act (FFCRA). The Department of Labor (DOL) issued much anticipated regulations which provide critical guidance on how employers should administer the...
On Friday March 27th, the House passed, and the President signed the Coronavirus Aid, Relief and Economic Security (CARES) Act. In addition to direct support for individuals, this massive relief bill includes a number of provisions which will be significant to nearly...
The U.S. Department of Labor (DOL) released a model notice on their website today which also includes fact sheets, Q&A, and a field assistance bulletin. It provides information on common issues employers and employees face when responding to COVID-19, and its...
