Apr 18, 2022, 10:58 AM
The United States Department of Labor (the Department) has announced a final rule withdrawing the “Independent Contractor Status Under the Fair Labor Standards Act” rule (Independent Contractor Rule). The Independent Contractor Rule was enacted by the Department under the Trump Administration and would have generally found "gig economy" and certain other workers as independent contractors for purposes of federal labor law.
Apr 18, 2022, 10:49 AM
Last night the House of Representatives passed H.R. 7010 (Paycheck Protection Program Flexibility Act of 2020) by a vote of 417-1. The Bill proposes to loosen the requirements of loan forgiveness under the Payroll Protection Loan by:
Apr 18, 2022, 10:42 AM
On June 5, 2020, the President signed into law the Paycheck Protection Program Flexibility Act of 2020, which makes additional changes to the loan forgiveness requirements under the original SBA Payroll Protection Program Loan.
Apr 18, 2022, 10:36 AM
Hot off the press, Treasury has issued the PPP Loan Forgiveness Application (SBA Form 3508).
Apr 18, 2022, 10:31 AM
People who have executed a durable general power of attorney think that “anything I can do, my agent can do as well.” While that may be true of bank accounts and deeds, it is not the case when dealing with your social security benefits.
Apr 18, 2022, 10:26 AM
If you must go to the emergency room and are admitted to the hospital for coronavirus, you will be in isolation. You cannot have visitors, and no one can bring you the things you might want.
Apr 18, 2022, 10:06 AM
You may be wondering about some of the recent tax changes meant to help everyone coping with the Coronavirus fallout. We know you have been inundated with information over the last two weeks, but it is important to have an understanding of how the tax-related provisions in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, may impact you. In an effort to “keep it brief,” below we have summarized the individual tax provisions of the CARES Act.
Apr 18, 2022, 10:01 AM
We hope that you and your families are well, and your business is weathering the COVID-19 storm. As part of our goal to help you and your business remain healthy, we want to draw your attention to the Families First Coronavirus Response Act which becomes effective April 2, 2020. To keep you and your employees adequately informed, we advise you to update your company Policy Manual to incorporate the new rules. And, for those that have not yet adopted a formal Policy Manual, now is the time to do so. As always, should you need any assistance, we stand by ready to help.
Apr 18, 2022, 9:51 AM
We hope you and your families are remaining healthy and safe during the COVID-19 pandemic. Rest assured, we remain open and continue operating while taking additional precautionary measures as recommended by the Virginia Department of Health and CDC.
Apr 18, 2022, 9:42 AM
Repeal of the maximum age for traditional IRA contributions.