Other State Issues to Consider

Staying abreast of the plethora of issues facing the small businessman and woman in the normal course of business is enough of a challenge, but in light of coronavirus regulations, mandates and guidance, it is practically full-time. To help keep you aware, we note that New York, which just announced a mandatory self-quarantine for visitors…

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Tale of Two Approaches

As Congress gets closer to possibly another economic recovery legislation, and the clamor to date has been for as much a $1 trillion in relief to state and local government, we’ve now entered FY 2021 budget. With tax receipts significantly reduced, every state and local government is facing some tough budget decisions. A quick look…

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PPP Loan Window Closing

Those who have yet to access Paycheck Protection Program loans will have to act quickly as the program will stop accepting applications on Tuesday, June 30. Administered by the Small Business Administration (SBA), PPP was funded by Congress to the aggregate amount of $610 billion, but as of this writing there is still almost $100…

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EEOC Suspends EEO-1 Reports until March 2021

In light of the ongoing coronavirus pandemic and the havoc it continues to wreak on the US economy, the Equal Employment Opportunity Commission (EEOC) has suspended requirements for the filing of the EEO-1 report until March of 2021. Previously, all private employers with 100 or more employees were required by federal regulation to annually file…

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H-2B Visas Blocked & Restaurant Recovery Fund Filed

Earlier this week, President Trump made good on his promise and signed an Executive Order suspending the H-2B Visa program through the balance of the calendar year, but he also provided exemptions for workers in food supply chains and workers whose entry is deemed in the national interest. The suspension, which also includes the H-1B…

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Face Covering Mandates

As we see dramatic increases in confirmed cases of coronavirus in many of the southern and western states over the past few weeks, it behooves business owners to stay up to date on state and local mandates relative to face coverings. A majority of states may only recommend that they be worn while others mandate…

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SBA Updates PPP Loan Forgiveness Application

The U.S. Small Business Administration and Department of the Treasury this week released a second application form for Paycheck Protection Program loan participants to use in applying for loan forgiveness along with important new guidance. In light of the changes implemented by the PPP Flexibility Act (PPPFA), which increased the covered period from 8 to…

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SBA Reopens EIDL Program

In other equally important SBA news, the agency this week also announced the reopening of the Economic Injury Disaster Loan (EIDL) program to all small businesses. The popular program, to which Congress had appropriated an additional $50 billion and expanded EIDL eligibility through the CARES Act earlier this year, was quickly overwhelmed and shut down…

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Federal Reserve Finally Launches Main Street Lending

At long last, the Federal Reserve has officially opened its Main Street Lending Program this week, inviting lender to register for the program so they can begin loaning immediately. The program, which has been in the works and on the drawing board since early April, not long after the coronavirus pandemic caused the economic shutdown…

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DC Circuit Court Tosses Labor’s Suit over COVID-19

A three judge panel of the US Circuit Court of Appeals for the District of Columbia yesterday threw out a lawsuit brought by the AFL-CIO seeking to mandate that employers be required to protect employees from the COVID-19 pandemic. The labor federation had filed legal action last month trying to force the Occupational Safety and…

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