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1 February
2023

Testing GD

8 January
2021

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 Temporary Changes; Paycheck Protection Program … Continued

10 December
2020

Pittsburgh Enacts COVID-19 Paid Sick Leave Ordinance

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 additional 80 hours of paid sick time … Continued

8 October
2020

Simpler PPP Forgiveness for Loans up to $50K

This month The U.S. Small Business Administration, in consultation with the Treasury Department, released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action … Continued

4 October
2020

Important Updates to Pennsylvania Overtime Pay Rules

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 paid to Pennsylvanians working in executive, administrative, … Continued

2 October
2020

The IRS Has Extended The ACA Deadlines

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 form 1095-C and/or 1095-B … Continued

4 September
2020

Payroll Deferral Tax Employer FAQ

Payroll Tax Deferral Next Steps Earlier this week we sent an update regarding the Employee Social Security Tax Deferral. You can find a link to this notice here.  Below we are … Continued

31 August
2020

IRS AND TREASURY ISSUE GUIDANCE ON THE PAYROLL TAX DEFERRAL

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 President Trump in a memorandum … Continued

11 August
2020

Executive Order Signed August 8th

On Saturday, President Trump signed an Executive order regarding a deferral for employee and employer Social Security tax. While these are not yet actionable as we are awaiting further guidance … Continued

7 August
2020

The SBA issues FAQs Regarding Loan Forgiveness

On Tuesday the Small Business Administration released a sheet of FAQs regarding PPP Loan Forgiveness. The FAQs are very detailed and provide much needed clarification on a host of topics … Continued

28 July
2020

Senate Releases COVID-19 Relief Proposal

As always, we’re keeping you abreast of the all the updates coming out of Washington regarding COVID-19 relief and PPP. After much anticipation, the Senate has released its latest effort … Continued

17 June
2020

SBA and Department of Treasury Release New Loan Forgiveness Applications

The PPP Flexibility Act (PPPFA) was signed into law by President Trump on January 5, 2020.   Today the SBA and Department of Treasury have announced the publication of their 19th Interim … Continued

10 June
2020

New PPP Loan Report & Legislative Update

As promised, below you will find instructions for Phase 2 of the PPP Loan Forgiveness Report.   Additionally, Trump just signed into law the PPP Flexibility Act of 2020.  The full … Continued

29 May
2020

House Votes to Loosen Restrictions on PPP Loan Forgiveness

The House voted 417-1 to allow more flexibility for the Paycheck Protection Program loan forgiveness.  The Senate is expected to vote on the bill next week.  Lawmakers are pushing for … Continued

18 May
2020

SBA Clarifies Rules for PPP Loan Forgiveness

The SBA has finally released the detailed PPP Loan Forgiveness Application.  You can find the SBA Application here. Below are some clarifications and highlights. Some of the key items clarified include: … Continued

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Recent Posts

Testing GD
1 February 2023
SBA Provides Rules for Second Draw PPP Loans
8 January 2021
New COVID Relief Bill
30 December 2020

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