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…
During our Federal Affairs Committee call for NAPEO this afternoon, unsurprisingly, the majority of the conversation was centered on the recent executive orders issued by the President last weekend. It seems the most concerning issue is the ability for employees to defer the withholding of payroll taxes starting September 1st through the end of December. The…
The presidential executive orders released over the weekend to provide financial relief to those impacted by the COVID-19 pandemic have resulted in a lot more questions than answers. That said, here is the memo we sent out to our clients today about the employee social security tax deferment order, summarizing the key provisions of the…
Over this weekend, President Trump issued four new executive orders: one for renters and homeowners, one for unemployment payments, one for student loan debt relief, and one for employee payroll tax obligations. The main issue with the new unemployment payment is that of the additional $400 payment, the states are mandated to pay 25% of…
As it turns out, Congress was unable to fulfill its promise to pass legislation for the next round of stimulus before leaving on recess for the next four weeks. Meanwhile, Paycheck Protection Program (PPP) for small businesses expires this weekend, and $600 extra unemployment ended in July. While we wait for them to reconvene on…
This webinar took place on Thursday, August 6, 2020. We reviewed the latest intel we have on the next PPP legislation being debated in Congress, along with a lot of other critical information for navigating the changes in FFCRA and CARES Act, how to hire out of state, and more.
