Category COVID-19

Paycheck Protection Program Flexibility Act

The House passed a bill this afternoon that would provide businesses with greater flexibility with regard to their uses of Paycheck Protection Program (PPP) funds. The legislation -- titled the Paycheck Protection Program Flexibility Act -- was introduced by Republican Rep. Chip Roy of Texas and Democratic Rep. Dean Phillips of Minnesota. It is... Read More

Returning Employees to the Workplace? We’ve Got You Covered.

BrownWinick's Employment Practice Group has prepared a “Return to Work Playbook” to assist employers in returning employees to the workplace during this unusual and unprecedented time. The people contributing to this effort include Megan Moritz and Danielle Smid. The “Return to Work Playbook” (or Playbook) will be used as a tool with attorney... Read More

Guidance Regarding PPP Forgiveness

On Friday, the SBA released much-anticipated guidance regarding the forgiveness component of Paycheck Protection Program loans: SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application The guidance includes the forgiveness worksheet that borrowers will be required to fill out as well as information on the types of... Read More

Dental Services to Resume in Iowa on May 8th

On May 6th, Governor Reynolds issued a new proclamation allowing Iowa dentists to resume providing services as of 5:00 a.m. on May 8th, if certain requirements are met. Those requirements are: Dental services are provided in compliance with the Iowa Dental Board Guidelines for the Safe Transition Back to Practice approved and adopted by the Iowa... Read More

Iowa Tax Update for COVID-19

Filing and Tax Payment Extensions to July 31, 2020 and Possibly January 31, 2021 The Iowa Department of Revenue has extended the tax return filing and payment deadline to July 31, 2020 for certain individual, composite (nonresident partners), partnership, corporate, S corporation, fiduciary (not including Iowa Form 706 Inheritance Tax returns),... Read More

PPP Update: How much of your loan will be forgiven, and when you need to start paying off the 1% interest, 2-year loan.

It’s been a few weeks since the Payroll Protection Program (“PPP”) was passed into law and businesses have been approved (and hopefully have received) loans from the Small Business Administration (“SBA”). Recipients of the loans are eligible to receive full forgiveness for their loans if at least 75% of the loan proceeds are used for payroll... Read More

E-Verify COVID-19 Accommodation: New Temporary Rule for I-9 Compliance

On May 1, 2020, the federal Department of Homeland Security (DHS) announced that expiring list B documents used for the purpose of validating an employee’s eligibility to work in the United States may be treated as if the employee provided a valid receipt for the document for I-9 purposes. DHS reasoned that, “Because many areas are under... Read More

HHS Begins Distribution of Second Round of CARES Act Funding for Health Care Providers

The United States Department of Health and Human Services ("HHS") has begun distributing an additional $20 billion of funding for health care providers appropriated in the CARES Act.  HHS distributed the first $30 billion of funding between April 10 and April 17, 2020. That distribution was based on providers’ 2019 Medicare fee-for-service... Read More

Congress Injects an Additional $310B in Funding for the Paycheck Protection Program—Eligible Borrowers Should Act Quickly

Late last week, Congress passed—and President Trump signed—a new round of small business relief funding, the Paycheck Protection Program and Health Care Enhance Act, which includes an additional $310 billion in funding for the Paycheck Protection Program (“PPP”). In just two short weeks, the first round of funding was exhausted, leaving many... Read More