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    Congress Approves Favorable Changes to PPP

    Posted by Alan Greenwell on Jun 4, 2020 12:13:42 PM

    On Wednesday evening, the U.S. Senate approved H.R. 7010, a bill that will dramatically change critical terms to the Small Business Administration's Paycheck Protection Program, providing much needed relief for borrowers.

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses

    SBA Loan Forgiveness: Application & Instructions

    Posted by Alan Greenwell on May 18, 2020 3:07:21 PM

    On Friday, May 15, 2020, the U.S. Small Business Administration released the much-anticipated application and instructions for how Paycheck Protection Program borrowers can see their loans forgiven.

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, CARES Act

    Question & Answer: "How will SBA review borrowers’ required good-faith certification...?"

    Posted by Alan Greenwell on May 14, 2020 12:20:28 PM

    "How will SBA review borrowers' required good-faith certification concerning the necessity of their loan request?"

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, CARES Act

    Paycheck Protection Program: Additional Funds Available

    Posted by Alan Greenwell on Apr 27, 2020 9:17:31 AM

    On Friday, April 24, 2020, the President signed into law a $484 billion relief bill called the Paycheck Protection Program ("PPP") and Health Care Enhancement Act with additional funding for PPP, Hospitals, and Testing. 

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, CARES Act

    Tax Update: Q2 Tax Payments Extended

    Posted by Jeff Kujawa on Apr 14, 2020 1:56:16 PM

    The 2020 Q2 estimated tax payment date for businesses and individuals is extended from June 15th to July 15th under IRS Notice 2020-23. The relief applies to all taxpayers that have a filing or payment deadline falling on or after April 1, 2020 and before July 15, 2020, including individuals, trusts, estates, corporations and other noncorporate filers. 

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    Topics: Tax Planning, ohio, Tax Team, Business Owners, workplace productivity, Management, Taxes, 2020, Workplace Culture, Coronavirus, Stay at Home Order, COVID-19

    Our Business Advisory Experts Can Help You...

    Posted by Jon Trunk on Apr 14, 2020 10:11:12 AM

    COVID-19 is impacting your business, and we are here to help. Our Business Advisory experts are empathetic and diverse problem solvers that are here to assist where you need it most.  

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    Topics: ohio, Business Advisory, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, Businesses, CARES Act

    Families First Coronavirus Response Act - Get Our FFCRA Toolkit to Help Businesses

    Posted by Steve Black on Apr 8, 2020 12:23:37 PM

    On March 18th, the Federal government passed the Families First Coronavirus Response Act (FFCCRA). Within the law, Emergency Paid Sick Leave (E-PSL) and Emergency FMLA (E-FMLA) provisions created paid leave for qualifying employees. These provisions went into effect on April 1st. 

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    Topics: ohio, Human Resources, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, COVID-19, Loan, Small Business Administration, Small Businesses, Businesses, FFCRA

    PPP Application Update: The Interim Final Rule

    Posted by Alan Greenwell on Apr 4, 2020 3:04:21 PM

    Late on Thursday, April 2, the SBA released the Interim Final Rule (IRF) which constitutes the much anticipated “Regulations” to provide further guidance of the PPP implementation. This interim final rule is effective immediately and is being issued to allow for immediate implementation of this program.

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, CARES Act

    Paycheck Protection Program - Updated Application Process

    Posted by Alan Greenwell on Apr 1, 2020 1:16:01 PM

    The guidance for the Paycheck Protection Program ("PPP") was issued on March 31, 2020 with the application process beginning on Friday April 3, 2020. There have been several changes to the original guidance that was issued over the past week and there may be more before the application process opens on April 3, 2020.

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, CARES Act

    SBA Loans and Forgiveness Under the New Stimulus Program (CARES)

    Posted by Alan Greenwell on Mar 27, 2020 5:19:10 PM

    As part of the new stimulus package signed by President Trump today, $349 billion is being allocated to assist small businesses with loans. The loans will be administered through the SBA 7a loan program via qualified commercial lenders and pertain to companies that have seen business decline as a result of COVID-19.

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    Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, CARES Act

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