PPP Loan Forgiveness Update

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 [...]

May 4th, 2020|

EEOC Updates Guidance Regarding COVID-19 Testing

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 [...]

April 29th, 2020|

Update: Guidance From the SBA

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. [...]

April 24th, 2020|

Business Interruption Insurance and Eviction Moratorium Alerts

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 [...]

April 23rd, 2020|

Further Federal Guidance Regarding Paycheck Protection Program Loans

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. Here are the specific links by [...]

April 9th, 2020|

SBA Guidance on Paycheck Protection Program Loans

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 [...]

April 3rd, 2020|

CARES Act Highlights for Businesses

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 [...]

March 30th, 2020|

Essential Planning Checklist

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 [...]

March 23rd, 2020|
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