During these uncertain times, many companies are looking for ways to move their offices to a remote platform. The number of employees that are working remotely is rapidly increasing. For this reason, organizations are seeking ways to outsource or streamline many...
Paycheck Protection Loans Set to be originated starting tomorrow, but uncertainty remains
Juggling Hats: Balancing Work and Family from Home
Treasury and SBA Release Application & Additional Guidance for Paycheck Protection Loans
On March 31, 2020, the Department of the Treasury released a sample Paycheck Protection Program (PPP) Loan, providing some (but not all) much needed guidance on the process. A copy of the sample application can be found here.
NYS Paid Family Leave Now Classifies COVID-19 Diagnosis as a Serious Health Condition
Paycheck Protection Program Loans
How to Manage Your Remote workers in a Time of Crisis
Coronavirus Aid, Relief, and Economic Security (CARES) Act – Business Lending & Grant Provisions
Coronavirus Aid, Relief, and Economic Security (CARES) Act – Business Tax Provisions
Coronavirus Aid, Relief, and Economic Security (CARES) Act – Individual Tax Provisions
New York State Shared Work Plan: A Strategy to Reduce Lay Offs
COVID Local Nonprofit Donations
Apr 21, 2020
With the uncertainty and unpredictability of COVID-19, millions are negatively affected, and it may seem impossible to help. But it is entirely possible; in fact, one of the best ways to persevere during this time and help out those in need is by donating to your...
Telecommuting: Is it Right for You?
Apr 20, 2020
With the continued improvement in technology, and the desire for workers to have a more flexible work environment and increased work/life balance, there has been a tremendous increase in telecommuting. Nearly one-third of the workforce practices some level of...
Additional Guidance issued for Self-Employed individuals (and partnerships) for PPP Loans
Apr 14, 2020
On Tuesday, April 14 the SBA and Treasury released additional guidance related to individuals with self-employment income. These would include both sole proprietors, single member LLCs & independent contractors that file form Schedule C and partnerships (including...
5 Takeaways From SBA’s Newest Guidance
Apr 14, 2020
The SBA released additional regulations on April 14th that primarily deal with self-employed individuals; however, these regulations provided a few interesting tidbits of information. 1. Confirmation of State Unemployment Taxes (SUTA) as an allowable payroll cost. The...
Establishing Controls Surrounding Your PPP Loan
Apr 14, 2020
Billions of dollars of Paycheck Protection Program (PPP) loan applications have been submitted to banks in hopes that much-needed funding will be received to ensure continued employment of millions of American workers. We have heard that applications have begun to be...
Some Companies with over 500 Employees May be Eligible for a PPP Loan
Apr 13, 2020
Last week, the SBA issued several rounds of frequently asked questions. One of those questions opened up the opportunity for companies with over 500 employees to apply for a Paycheck Protection Program (“PPP”) loan. While the law always provided that a company with...
COVID-19: Leadership Roles – CEO, Board Chair, and Board Members
Apr 13, 2020
As the wave of COVID-19 continues to rock our economy, the stress of dealing with everchanging regulations, staffing and benefit concerns, organizational funding, and more has been overwhelming. Organizational management and Boards have always grappled on where to...
Top Three Pandemic Business Trends
Apr 10, 2020
The Coronavirus has spread and impacted the world beyond what anyone could imagine. It has caused significant loss, heartbreak, and fear of what is to come. A primary concern has been how businesses will survive and thrive during a time so unprecedented. Businesses of...