Treasury Updates Guidance/Tightens PPP

The US Treasury Department this week released an updated guidance document for the Paycheck Protection Program along with an updated FAQ that can be critical for many borrowers. The new rules (Question #40) provide that an employer will not be penalized regarding loan forgiveness, if they offer a laid-off employee their job back and the…

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SBA Extends Safe Harbor for PPP Loan Returns

The US Department of the Treasury and the Small Business Administration (SBA) this week also issued new guidance on the question of who is actually eligible to receive a Paycheck Protection Program loan (PPP). This information is critical!  Franchisee law firm Dady & Gardner, P.A. advises that when businesses applied for a PPP loan, they…

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EEOC Posts then Pulls New Guidance

You had to look quickly this week if you wanted to see the Equal Employment Opportunity Commission’s new guidance on accommodating employees with medical conditions in the age of the coronavirus pandemic. The agency posted an updated guidance on Tuesday, May 5 and shortly after posting, pulled the guidance down because it was being “misinterpreted…

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Webinar on Reopening Today at Noon

The Coalition of Franchisee Associations (CFA) is sponsoring another “don’t-miss” webinar today, May 8 from 12:00 Noon to 1:00 PM. Attorney Robert Bernstein, a partner with the Laner Muchin Law Firm out of Chicago will be presenting: Reopening Your Business: A Legal Guide for Franchisees. As COVID-19 restrictions on businesses begin to ease in a…

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Congress Eyes Next Round of Relief

Notwithstanding the partisan divide that continues in the Nation’s Capital, Congress is looking at possibly passing another multi-billion to trillion dollar economic relief package when the House returns to DC next week. Republicans and Democrats are divided over what to include, but they have each been floating different ideas that we want to keep watch…

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DDIFO Webinar Next Friday

MS Consultants LLC will be presenting a DDIFO webinar next Friday, May 15 from 12:00 Noon until 1:00 PM. This DDIFO-sponsored webinar, “Retaining Cash – New Tax Laws Help!” will feature Jeff Hiatt and Dave Fabian from MS Consultants, LLC providing important updates and insights into keeping more of your cash and how some recently…

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Masking Mandates

As the national patchwork of “stay at home”, “safer at home” and “non-essential business closing” orders gets murkier, it becomes that much more important for us to know what the limits are for the different areas in which we operate. Understanding and knowing the limits of this city, that county and the other state can…

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A Mix of States Eye Re-Openings

Opinions of whether, how and when individual states should re-open for business in light of the coronavirus crisis are as diverse as one can imagine. That said, there are no fewer than a dozen states across the nation committed to opening their economies as soon as today. Four states (Alaska, Georgia, South Carolina and Tennessee)…

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Bookend Cities Flex Their Muscle

Notwithstanding the unprecedented challenges that small businesses across the country have faced and will continue to confront as we (hopefully) come out of the coronavirus crisis over the next few months, municipal officials from the east coast to the west continue to dictate to businesses how they should be run, who they should employ and…

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OSHA & EEOC Issue Reopening Guidance

With COVID-19 still dominating national news and many states considering reopening processes and timeline options, the Occupational and Safety Health Administration (OSHA) and the Equal Employment Opportunity Commission (EEOC) have both issued updated guidance on COVID-19 and its impact on the workplace after re-openings. In its guidance, OSHA underscores that its guidance neither creates new…

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