DOL Releases FFCRA Recordkeeping Rule

As you will recall, the PPP is a major part of the CARES Act (Coronavirus Aid, Relief and Economic Recovery Act) which was Phase 3 of the federal legislative response to the COVID-19 pandemic. It was preceded by the Families First Coronavirus Relief Act (FFCRA), which provided paid sick leave nationally through the end of…

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Another 6.6 Million Unemployment Claims Filed

The news from the Department of Labor (DOL), was no better yesterday than it was the past two weeks as another 6.6 million Americans filed first time claims for unemployment insurance in the face of the ongoing coronavirus crisis. Last week’s total of 6,648,000 claims was adjusted upwards during the week by an increase of…

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California Business Asks Minimum Wage Freeze

In the face of the unprecedented coronavirus crisis and the havoc that the global pandemic is wreaking on the American economy, California business groups have called on Governor Gavin Newsom to delay the next installment in the gradual raising of the California minimum wage. When the $15/hour wage law passed in 2016, Governor Jerry Brown…

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Forget Freedom, the Mask is Mandatory!!

Without diminishing the seriousness of the coronavirus crisis that is causing such suffering and hardship, one must worry about Liberty when it is deemed illegal for residents of San Bernardino County in California to step out in public without covering their face with a mask. All religious services in the county must take place virtually…

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Paycheck Protection Program Begins Today

One of the more significant benefits for small business interests contained in the recently enacted Coronavirus Aid, Relief and Economic Security (CARES) Act, the Paycheck Protection Loan Program (PPP) officially began its application process today, and late last evening, the Small Business Administration released its Interim Final Rule for the program. It would appear that…

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FFCRA Sick Leave Mandate Effective Now

With the CARES Act being signed into law last week, one could mistakenly look past the requirements contained in the Families First Coronavirus Relief Act (FFCRA) passed and signed into law the previous week, but you do not want to do that! The FFCRA became effective on Wednesday of this week, April 1, and mandates…

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SBA & IRS Regulations Released

As the “all hands on deck” mindset continues within the federal government in fighting the coronavirus crisis and restoring economic activity as soon as possible, federal regulatory agencies continue to issue guidance clarifying their mandates on a host of issues that dramatically impact business. In that vein, the Small Business Administration has posted guidance on…

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Business Interruption Insurance & Issues

One of the critical issues facing our members – in fact, all small business owners – is the applicability of their business interruption insurance coverage. In such unprecedented times as these in dealing with the coronavirus crisis and the resulting national shutdown of major components of the American economy. “Will my business insurance cover my…

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State Tax Deadlines

As we have reported to you, the Internal Revenue Service (IRS) postponed Tax Day, its tax filing and tax payment deadline by 90 days out to July 15, 2020 with many states immediately agreeing with the new IRS deadline. Others however were much slower to sync their state tax filing dates with the feds, but…

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Other State & Local Actions

As the COVID-19 crisis continues to wreak havoc with the American business landscape, several states and cities have put laws and executive orders on the books to address different issues arising in their communities. North Carolina Governor Roy Cooper on Tuesday of this week signed an Executive Order prohibiting utilities in the Tar Heel State…

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