December 11, 2020
AN UPDATE FROM NAW GOVERNMENT RELATIONS TEAM - 12.11
Extension and possible expansion of the PPP will almost certainly be included if a COVID relief package gets through Congress this month. Moreover, even if a larger COVID package is not agreed to, there is still a chance that a PPP bill could pass.
One of the
December 03, 2020
AN UPDATE FROM NAW GOVERNMENT RELATIONS TEAM - 12.3
The business community continues to battle the IRS and the Treasury Secretary over the IRS ruling that otherwise-tax deductible expenses paid for with a forgiven PPP loan would no longer be deductible. It was the clear intent of Congress that PPP loan would no longer be deductible.
November 23, 2020
Compensation Planning During a Pandemic – Why It’s More Important Than Ever
2020 has sure been a challenge. Employers have struggled to keep businesses open and have been challenged to develop new markets, products, and services in record time.
If your business is food service, hospitality, or leasing office space, 2020 may have been a dismal year. At the other end of the
November 23, 2020
A Good Living = Good Livin’
With nearly 20 years of HR experience in the wood products industry, I can professionally vouch for the wealth of opportunities available across the sector. As a female, I also can personally attest to the vast potential for women
November 20, 2020
AN UPDATE FROM NAW GOVERNMENT RELATIONS TEAM - 11.20
The Institute for Legal Reform recently conducted a survey on COVID-19 liability relief for employers. The survey shows that 79% of Americans agree that aside from cases of gross negligence, employers who follow the latest government guidelines should be protected from lawsuits.
November 11, 2020
AN UPDATE FROM NAW GOVERNMENT RELATIONS TEAM - 11.11
Deductibility of expenses: As you know, the IRS ruled earlier this year that otherwise-tax-deductible expenses that are paid with a forgiven PPP loan will not be deductible. This ruling is in direct conflict with the statute, which clearly said PPP loans
November 02, 2020
AN UPDATE FROM NAW GOVERNMENT RELATIONS TEAM - 11.2
As we reported last week, the SBA published in the Federal Register a short notice of information collection relevant to PPP loans under the CARES Act. This new information collection is yet another example of the SBA/Treasury imposing rules that are outside the clear intent