Highlights of SBA Interim Final Rule (IFR) Guidance President Trump signed into law the Paycheck Protection Program Flexibility Act on June 5, 2020. On … [Read more...]
Paycheck Protection Flexibility Act
June 4, 2020
On June 3, the U.S. Senate unanimously passed the Paycheck Protection Flexibility Act and on June 5, President Trump signed the Act. The flexibility provisions … [Read more...]
Payroll/HR Update: Keeping Teens Safe at Work this Summer
June 3, 2020
Keeping teens safe at work this summer Summer break is nearly here for Minnesota teens and many may be looking for employment. Before hiring teens, employers … [Read more...]
PPP Loan Forgiveness Interim Final Rule
May 26, 2020
The Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness … [Read more...]
PPP Loan Tracking and Recording Expenses in QuickBooks Desktop
May 7, 2020 by Ryan Michelson
Recording a PPP Loan and Tracking Corresponding Expenses There are a few options in QuickBooks for how to record the funds received from the Paycheck … [Read more...]
PPP Loan Tracking and Recording Expenses in QuickBooks Online
May 7, 2020
Recording a PPP Loan and Tracking Corresponding Expenses There are a few options in QuickBooks Online for how to record the funds received from the Paycheck … [Read more...]
EIDL Loan Portal Reopens for Agricultural Businesses
May 5, 2020 by Jim Rudnick
On May 4, the SBA began accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on a limited basis only to provide relief to U.S. … [Read more...]
Podcast: Tips for Distance Learning and Engaging Remote Employees
April 10, 2020 by Heather Thompson
Check out our most recent podcast, where guest, Partner and Firm Administrator, Heather Thompson, PAFM discusses tips for distance learning and engaging remote … [Read more...]
Employee Retention Credit for Employers
April 7, 2020
IRS website - Employee Retention Credit for Employers Subject to Closure Due to COVID-19 Crisis On its website, the IRS has provided guidance for taxpayers … [Read more...]
FFCRA: New Rules and Guidance from the DOL and IRS
April 6, 2020 by Nicholle Peterson
FFCRA: New Rules and Guidance from the DOL and IRS New FFCRA Guidance in Temporary Rule and FAQs The DOL has released rules related to administration of … [Read more...]
