Category Employment & Labor (2)

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

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

Training During Downtime – Ways to Connect, Engage, and Develop Your Workforce

With decreased business, employers have some supervisors and employees with extra time. This would be an excellent time to catch supervisors and employees up on important workplace training. While training sessions are usually conducted in person, all meetings – personal and professional – are now being handled virtually. One of the key issues... 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

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

COVID-19 Update: Presidential Proclamation Suspending Entry of Immigrants

Summary The highly anticipated Presidential Proclamation which suspends entry of certain immigrants during the economic recovery period of COVID-19 has been signed and will be effective at 11:59 pm today, April 23, 2020. In short, the suspension affects a limited group of foreign nationals – those who are outside the United States and without a... Read More

COVID-19 – Additional Employer Funding Sources

Many businesses are asking questions about new SBA loans available under the Paycheck Protection Program (PPP). Oftentimes businesses are not aware of other new resources available in the form of refundable advance tax credits — reimbursing the cost of employee wages paid in connection with COVID-19. In many cases, the credits available can exceed... Read More

H-1B Lottery Concluded – Petitions May Be Filed Beginning April 1

U.S. Citizenship and Immigration Services (USCIS) announced earlier this week that the H-1B electronic registration process and the FY2021 lottery has concluded. Employers are now eligible to file a FY2021 H-1B cap-subject petition — provided they electronically registered the beneficiary in the H-1B registration process, and the registration was... Read More

DOL Issues Much Anticipated Guidance for FFCRA Paid Leave Requirements

Today, the US Department of Labor announced its much anticipated temporary rule, providing regulations to implement the Emergency Family and Medical Leave Expansion Act and the Emergency Paid Sick Leave Act under the Families First Coronavirus Response Act (FFCRA). These temporary paid leave laws are intended to help workers forced to grapple with... Read More