The Families First Coronavirus Response Act (the "FFCRA"), signed by President Trump on March 18, 2020, provides small and midsize employers refundable tax credits that reimburse them, dollar-for-dollar, for the cost of providing paid sick and family leave wages [...]
Wednesday, April 15, 2020 - U.S. Treasury Secretary Steven T. Mnuchin and U.S. Small Business Administration Administrator Jovita Carranza issued the following statement regarding the Paycheck Protection Program and Economic Injury Disaster Loan Program: “The SBA has processed more [...]
Last week, a huge amount of applications for loans under the Paycheck Protection Program (PPP) were submitted to banks all over the country, and it’s likely that many more will be submitted in the coming weeks. So far, businesses [...]
Press Release April 9, 2020: The Federal Reserve on Thursday, April 9, 2020, took additional actions to provide up to $2.3 trillion in loans to support the economy. This funding will assist households and employers of all sizes and [...]
During this unprecedented time, many questions have been brought to our attention. One of which involves employer retaliation against workers who feel their work environment might feel unsafe to them during the COVID-19 pandemic. The U.S Department of Labor's [...]
The purpose of business interruption insurance is to indemnify the policyholder in case of a covered loss for the income that would have been earned had no loss occurred, subject to limitations in the coverage forms. Coverage is written [...]
The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. Below are also a comprehensive set of guides for use in obtaining 7(a) forgiveness loans. [...]
With the advancements in technology, more employees are working from home for some duration of the work week. Also, with the COVID-19 outbreak there are more employees working from home then ever before. This presents several challenges when it [...]
The Equal Employment Opportunity Commission (EEOC) recently hosted a webinar in which the agency answered questions about the applicability of the Americans with Disabilities Act (ADA) and Title VII to COVID-19-related employment actions. The EEOC updated its previously published [...]
Via USTreasury.gov WASHINGTON – Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated [...]
