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14 Apr 2020, 6:00 am
” The TCJA created a nonrefundable $500 credit for certain dependents who do not meet the CTC eligibility guidelines. [read post]
13 Apr 2020, 1:34 pm
The PPP loan has a 1% interest rate and a two-year maturity date. [read post]
13 Apr 2020, 12:18 pm
The maturity on a PPP loan is two years, and the interest rate is 1%. [read post]
13 Apr 2020, 6:30 am
How does SBA calculate annual receipts? [read post]
12 Apr 2020, 7:17 pm
. #1. [read post]
10 Apr 2020, 3:27 pm
How Does Unemployment Insurance Work and Who Oversees It? [read post]
10 Apr 2020, 2:39 pm
To which employers does the FFCRA apply to? [read post]
10 Apr 2020, 10:59 am
These SBA Loans are available to small businesses with fewer than 500 employees and permit such qualified small businesses to borrow up to 2.5 times the average total monthly payroll costs incurred in the 1-year period before the SBA Loan is made with a cap of $10 million. [read post]
9 Apr 2020, 2:20 pm
That’s one more bureaucratic hurdle businesses have to jump through during the crisis to make ends meet. [read post]
9 Apr 2020, 12:51 pm
Covered Employer: Unlike the initial ordinance, which would have applied to employers with 500 or more employees in the United States, the mayor’s order applies to employers that have either: (i) 500 or more employees within the City of Los Angeles; or (ii) 2,000 or more employees within the United States. [read post]
9 Apr 2020, 12:19 pm
The maturity on the PPP is two years, and the interest rate is 1%. [read post]
8 Apr 2020, 11:21 pm
The law went into effect April 1 and its obligations continue through December 31, 2020. [read post]
8 Apr 2020, 5:32 pm
*This alert is provided for information purposes only and does not constitute legal advice and is not intended to form an attorney client relationship. [read post]
8 Apr 2020, 10:56 am
A PPP applicant that was not in business from February 15, 2019 to June 30, 2019 may use the average monthly payroll costs for the period beginning on January 1, 2020 through February 29, 2020. [6] We note that the FAQ does not require that the same time period be used for both determining eligibility and determining “payroll costs”. [read post]
7 Apr 2020, 3:34 pm
” Covered employers are those that have 500 employees or less. [read post]
7 Apr 2020, 2:56 pm
PPP is federally guaranteed loan to employers who MAINTAIN their payroll through the pandemic crisis. [read post]
7 Apr 2020, 2:56 pm
PPP is federally guaranteed loan to employers who MAINTAIN their payroll through the pandemic crisis. [read post]
7 Apr 2020, 2:56 pm
PPP is federally guaranteed loan to employers who MAINTAIN their payroll through the pandemic crisis. [read post]
7 Apr 2020, 8:43 am
However, note that the 500 employee threshold does not appear to apply to the above described financial tests, and thus a business (and its affiliates, if applicable) which meets such financial tests will qualify regardless of whether it has more than 500 employees. [read post]
7 Apr 2020, 8:39 am
Who does NOT count as an employee toward the 500-employee threshold? [read post]
