If you haven’t heard, two named storms have entered the Gulf of Mexico at one time – Marco and Laura. Tropical Storm Marco made landfall last night and continues to weaken with unfavorable upper-level winds. Hurricane Laura has continued to grow in intensity and is expected to arrive on Thursday, so evacuations are underway from…
As if this year could get any worse, 2020 has been labeled with an “extremely active’ hurricane season, predicting 24 named storms between June and November. Only 21 storm names are allotted each year because the letters Q, U, X, Y, and Z are not used, so the National Hurricane Center has to employ the…
This webinar took place on Thursday, August 20, 2020. We reviewed the President’s executive orders along with the latest guidelines about the forgiveness of PPP loans. Additionally, we discussed how to complete a proper I-9, go through the differences in payroll between a 1099 Contractor and a W-2 Employee, plus shared tips on hurricane preparedness,…
Happy Friday! We attended an informative webinar today where the Federal Reserve Bank in Atlanta presented to the Resilient Louisiana Commission on the state of housing, both locally and nationally. There were lots of insights shared on income disparity, housing shortages, and statistics between demographics. Then, HousingNOLA’s executive director walked everyone through some of the…
We just wrapped another successful webinar – don’t forget, we host one every other Thursday at 3 PM CST. If you missed it, the recording will be uploaded within the next 24 hours. New unemployment claims have exceeded 1 million again for the week ending August 15. Those that received the federal stimulus subsidy for…
There haven’t been any more updates out of Washington regarding COVID-19 relief since yesterday’s proposal draft from the Senate Republicans; nevertheless, we will keep you all posted if we hear anything. The Society for Human Resource Management (SHRM) released a few articles today that should prove to be beneficial for addressing certain business concerns during…
Hot off the press, we’ve finally received an update from Capitol Hill on Coronavirus relief! Enclosed is the draft text of the skinny COVID relief proposal from Senate Republicans, including the liability language from the Cornyn bill, the SAFE TO WORK Act (starting at page 3).Tennessee is the latest state to pass a limited liability…
Happy Monday! Hope your week is off to a great start. There’s still nothing new from Congress for pandemic or stimulus legislation; however, Speaker of the House, Nancy Pelosi will summon the House back in session to vote on USPS funding as early as Saturday, August 22nd. New Orleans Citybusiness published an interesting article about…
The SBA has released a couple more FAQs relating to Paycheck Protection Program loans (see #50-51), as well as new insights in consultation with the Department of the Treasury for PPP loan forgiveness. In Louisiana, Governor Edwards will be rolling out an additional $300 unemployment benefit after new federal guidance made it easier for the…
In today’s breaking news, new unemployment claims fell under 1 million during the week ending August 8th, a decrease of over 200 thousand from the previous week. Hopefully this indicates a labor market in continued recovery. As another day passes with little updates to last weekend’s executive orders, several organizations have submitted letters to Treasury…
