Yesterday, the SBA updated its Frequently Asked Questions offering guidance on, among other things, whether a business will be subject to a reduction in PPP loan forgiveness if the business attempts to rehire its employees but one or more employees declines to return to work. Here is the relevant Q [...]

Despite the difficult times we are enduring in our country, all of us at Archstone are lifted up by the creative and helpful things our clients are working on.  A great example of this fortitude and positivity comes from the University of Vermont. Over the last few weeks, a team [...]

Last Thursday, April 23, 2020, the EEOC released the latest version of its guidance, “What You Should Know About COVID-19 and the ADA, the Rehabilitation Act, and Other EEO Laws.”  The update addresses the question of whether an employer may administer a COVID-19 test to detect the presence of the [...]

Here’s an update on some guidance that came from the SBA yesterday and today. In an earlier email alert, we referred to this link from the U.S. Dept. of Treasury compiling the Paycheck Protection Program information, forms, guidance, and government’s answers to Frequently Asked Questions (FAQs) in one place. https://home.treasury.gov/policy-issues/cares/assistance-for-small-businesses [...]

Business Interruption Insurance and COVID-19 An emergency bill relating to business interruption insurance was proposed to the Massachusetts House and Senate on March 24, 2020.  It would require insurance policies with business interruption coverage to cover losses due to COVID-19 and would preclude an insurer from denying a claim even [...]

For those of you interested in and/or pursuing Paycheck Protection Program loans authorized by the CARES Act, here is a helpful link from the U.S. Dept. of Treasury compiling the information, forms, guidance and government’s answers to frequently asked questions in one place. https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses Here are the specific links by [...]

An Interim Final Rule was published last night by the SBA. Although there are still questions, it contains some much-needed guidance on the Paycheck Protection Program loans to be made available by the SBA. Certain banks are accepting applications for PPP loans today.  Here are the highlights: Wages paid to [...]

For our business clients who are navigating the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”), which was signed into law on March 27, 2020, here are the highlights for businesses that wish to keep their workers employed and paid but need a bridge to cover employee compensation [...]

Now is a great time to get all of your family's essential information in order. Although COVID-19 is a major disruption to our lives, it's an opportunity to make positive steps towards keeping ourselves organized. Here is a checklist of steps that will help you and your family identify and [...]