No Longer Mandatory: FFCRA Leave Provisions

  |  January 12, 2021

The Consolidated Appropriations Act (CAA) extended the payroll tax credit available to employers for amounts paid under the EPSLA and EFMLEA through March 31, 2021, but did not extend the mandate to provide the leave. Therefore, employers may elect to voluntarily continue to offer the paid leave to those employees who did not exhaust the leave in 2020. Read more. Read More

Expenses Paid with PPP Loans: an Unexpected Turn

  |  December 28, 2020

The recently passed "Consolidated Appropriations Act, 2021" contains a welcome surprise for business owners affected by the COVID-19 pandemic. In a significant turn away from guidance originally published by the IRS, the new legislation intends to allow a business to deduct expenses in full, even if paid with forgiven PPP funds. Read more. Read More