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Here are your articles for Monday, May 18, 2020
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The IRS and SBA continue to release additional guidance on the PPP that is applicable to those applying for loans and those who already have them. Click through for key clarifications in this important but complicated program.
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The CARES Act passed in response to COVID-19 allows certain individuals to skip their required minimum distribution for 2020. Click through for more details about delaying required withdrawals from a retirement account until 2021.
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The Paycheck Protection Program Loan may be the most highlighted and talked about program; however, the Economic Retention Credit is also designed to keep employees employed. This program provides a fully refundable tax credit to some employers. Click through for more information.
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Tracking payroll during the coronavirus pandemic will benefit employers during worker compensation and general liability audits. Click through for more information.
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Americans are being encouraged to work from home, but for millions, it's impossible. Medical workers, supermarket staff, plumbers — none of them can close up shop. Click through to learn more about businesses that must remain open.
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