Last Friday, the federal government enacted the Paycheck Protection Program Flexibility Act (PPPFA). The PPPFA was designed to make it easier for PPP loan recipients to obtain full forgiveness of their loans. The following are some of
the changes to the original payroll protection program.
With the Texas economy reopening, one of the things on everyone’s mind is how to keep employees safe and healthy in a Covid-19 environment. One thing that is expected is that there will be an increase in claims and potentially lawsuits claiming that employers did not do enough to protect their employees from becoming ill with Covid-19.
The Small Business Association (SBA) announced the release of the Paycheck Protection Program Loan Forgiveness Application and forgiveness calculation form effective May 15, 2020.
Every business owner needs to understand the implications of the Corona Virus relief acts as well as the benefits to the employer. This article summarizes the legislation recently enacted.