Employers may be eligible for an employee retention credit (“ERC”) for qualified wages paid to employees from March 13, 2020 through December 31, 2021.[1] Eligibility Employers may qualify to [...]
The Small Business Administration (“SBA”) is reopening the Paycheck Protection Program (“PPP”) for first and second draw loan applicants the week of January 11, 2021.[1] Applicants have until [...]
December 29, 2020 On Sunday evening, after previously threatening a veto, the president signed into law a second COVID-19 relief package, consolidated with a bill to fund the government, passed [...]
On October 13, 2020, the Small Business Administration (“SBA”) published its guidance to frequently asked questions on the Paycheck Protection Program (“PPP”) loan forgiveness application. The [...]
On June 5, 2020, the president signed into law the bipartisan Paycheck Protection Flexibility Act of 2020 (PPFA), which eases rules on how Paycheck Protection Program (PPP) loan funds can be used [...]
Since this article was published, Congress has passed and the president has signed into law the Paycheck Protection Flexibility Act of 2020 (PPFA), which makes changes to the loan forgiveness [...]
