COVID-19 Update June 9, 2020
We’ve rounded up a lot of great information about HR 7010, the newest law to be passed that changes everything about your PPP loan forgiveness. June 30th is the last day to be approved for a PPP loan. No loans…
COVID-19 Update June 8, 2020
Stop filling out your PPP loan forgiveness application. Everything has changed for the PPP forgiveness with the new law, including a new application for forgiveness coming soon. The big news from the SBA today is that the forgiveness percentage is…
COVID-19 Update June 5, 2020
President Trump has signed into law HR 7010 giving employers more flexibility when using Paycheck Protection Program (PPP) funds and applying for loan forgiveness. As of Friday, June 5, 2020, this legislation does not address tax-deductibility of expenses paid with…
COVID-19 Update June 4, 2020
As I mentioned yesterday, the situation in the Senate was very fluid. About an hour after I sent my email, the Senate reversed course and approved the bill from the House for the PPP forgiveness relief. Also, below are a…
How to Run a Paperless HR
This is a replay of the client training held on Thursday, June 4, 2020. In it, we reviewed the latest technology we’re rolling out to help our clients eliminate paperwork and move more HR functions online.
COVID-19 Update June 3, 2020
You might not be aware of the potentially detrimental details included in HR7010 (the House bill that passed last week). First, they reduced the PPP loan expenditures dedicated to payroll from a minimum of 75% down to 60%. That sounds…
COVID-19 Update June 2, 2020
As of now, there is no word from the Senate on the House proposed changes to the PPP Loan forgiveness Senate Majority Leader McConnell, however, indicated that a vote would be coming very soon. If the Senate does make changes,…
COVID-19 Update June 1, 2020
Governor Edwards has announced today that Louisiana is moving to Phase II on Friday, June 5. In the same press conference, Mayor Cantrell issued a statement that New Orleans will remain a little while longer in Phase I until they…
COVID-19 Update May 29, 2020
Seems like it’s been over a year since we started dealing with this Pandemic, but it’s been a little over 2 months since the shutdown. The good news is businesses are starting to open again. The dire warnings are starting…
COVID-19 Update May 28, 2020
The House of Representatives passed their new legislation concerning the PPP loan program. The name of this bill is Paycheck Protection Program Flexibility Act of 2020. Here is an overview of the changes to the PPP program that is in…
