House Bill 4002 operates to phase out the overtime exemption over the next five years, while temporarily providing tax credits to farmers to compensate for the inevitably higher labor costs. The bill...
Washing Governor Jay Inslee and Washington Democratic Legislative leaders issued a joint statement announcing an agreement to delay the new WA Cares payroll tax on employees. The statement described...
If you applied for a Paycheck Protection Program loan, and intend to apply for loan forgiveness, you may find the following checklist helpful. Remember, forgiveness applications to the Small Business...
We have received many questions over the past weeks about the Payroll Tax Deferral ordered by President Trump that went into effect September 1, 2020. The Treasury Department released limited...
On August 28, 2020, the IRS and U.S. Treasury released Notice 2020-65 issuing official guidance regarding President Trump’s deferral of payroll taxes. The original order, issued August 8, called for a...
Under the Families First Coronavirus Relief Act (FFCRA), certain employers are required to provide employees with paid sick time to the extent that the employees are unable to work or telework due to...
On Saturday, August 8, President Trump signed a memorandum deferring the deadline for payroll taxes that employers deduct from employee paychecks and submit to the IRS. The order defers employees’...
4 things to know You have plenty of time to request Forgiveness, but we want you to keep the following things in mind: The SBA has provided clarity on who can use the simpler 3508EZ form to request...
Many of our clients will soon be approaching the end of the 8-week “Covered Period” of Paycheck Protection Program Loans, and are working on understanding the PPP Loan Forgiveness application. We...
