Social Security Tax Deferral – Effective September 1, 2020 – IRS Notice 2020-65 by Executive Order

Background On August 8, 2020, President Trump signed an Executive Order which would allow employees to defer paying in their share of Social Security taxes starting with payrolls that occurred between September… Continue On +

An Employee Tests Positive for COVID-19 – What Needs to Happen Next?

Your office is open again and things are running smoothly, and then you get the news: an employee suspects they have COVID-19.  What is next? The employee that suspects they have COVID-19… Continue On +

COVID-Related Payroll Tax Credits and Relief – You May be Eligible

Congress has provided multiple levels of assistance to small businesses and employees through the CARES Act and the Families First Act.  Relief has included the PPP loan, which has helped many practice… Continue On +

PPP Loan Forgiveness Application – We Recommend You Wait

Even though banks are making the PPP Loan Forgiveness application available to clients, our recommendation is to wait before filling out the application. There are a few reasons why we suggest waiting:… Continue On +

UPDATE – DEADLINE TO APPLY FOR THE DENTAL DISTRIBUTION OF THE CARES ACT HAS BEEN EXTENDED TO AUGUST 3, 2020

Last week we sent out the below blog regarding an opportunity for more dental practices to apply for the CARES Act Provider Relief Fund.   The original deadline to apply was July 24, 2020. … Continue On +

New Funds Available – CARES Act Provider Relief Fund Expanded to Include More Dentists

As of July 10, 2020, the US Department of Health & Human Services (HHS) released a new Provider Relief Fund for Providers. We have been supplied with General Information and Frequently Asked… Continue On +

Important PPP Loan Forgiveness Guidance Released

On June 22nd, additional guidance was released for the PPP loan program. The new guidance provides important information about owner and self-employed compensation as it relates to loan forgiveness along with exemptions… Continue On +

Families First Coronavirus Response Act:

Now that offices are starting to open, we wanted to provide additional guidance on the Family First Coronavirus Response Act (FFCRA).  In a prior blog, we referenced employers with under 50 employees… Continue On +