News & Events

In this bulletin, we wanted to provide details on two CARES Act provisions mentioned in our 3-31-20 bulletin unrelated to the PPP loan as well as a few pointers on the PPP loans, unemployment for self-employed individuals, new EIDL grant restrictions and the Employee Retention Payroll Tax Credit. While SBA loans will generally be used … Continued →

Our 4/6/2020 Bulletin Release yesterday outlined points concerning the $100,000 Cap on Annual Compensation per employee. This issue continues to get substantial attention concerning what is to be included. The Treasury Department issued FAQs on their website yesterday providing additional clarification on this issue. See  https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequenty-Asked-Questions.pdf According to this latest Treasury guidance, the $100,000 cap on … Continued →

Since our Friday Bulletin, there has been further guidance issued which we want to update you regarding the CARES Act Paycheck Protection Program loan (PPP loans). This continues to be a somewhat fluid situation as agencies, lenders, and individuals are attempting to apply the guidelines spelled out in the CARES Act legislation so it is … Continued →

Since our last couple of bulletins on Monday and Tuesday there hasn’t been any new legislation, however, there has been more information coming out regarding updates and additional guidance regarding the CARES Act, especially on the Paycheck Protection Program loan (PPP loans).  We wanted to update you on the additional information that’s come to our … Continued →

UPDATED 04/09/20 Technical Correction EMAIL BLAST 3/31/20 AM As we continue to wade through the details of the CARES Act provisions, we have found one correction to the email blast issued yesterday with respect to the PPP Loan and the June 30, 2020 end date.  The June 30, 2020 date is only applicable to the … Continued →