The Families First Coronavirus Response Act
As many of you know by now, on March 18, 2020, the Senate passed the Families First Coronavirus Response Act, (the "Act"), which was passed by the House last week. President Trump swiftly signed the legislation, which is effective on April 2, 2020. All public employers and private employers with under 500 employees are covered by the Act (the employee-count number [...]
Coronavirus and the Workplace What You Should Know
On an average day, employers are faced with multiple challenges that impact day-to-day operations, including, employee illnesses, unplanned absences, and workforce productivity. These typical challenges may be exacerbated now that cases of the 2019 novel coronavirus, or COVID-19, are in the United States. Despite this, the Centers for Disease Control and Prevention (CDC) has stated that the immediate health [...]
The Families First Coronavirus Response Act
As many of you know by now, on March 18, 2020, the Senate passed the Families First Coronavirus Response Act, (the "Act"), which was passed by the House last week. President Trump swiftly signed the legislation, which is effective [...]
Coronavirus and the Workplace What You Should Know
On an average day, employers are faced with multiple challenges that impact day-to-day operations, including, employee illnesses, unplanned absences, and workforce productivity. These typical challenges may be exacerbated now that cases of the 2019 novel coronavirus, or COVID-19, are [...]
Update on the ERC through the CAA
If you are wondering about the expanded Employee Retention Credit (ERC) that was recently made available through the Consolidated Appropriations Act (CAA), we have the following information to consider. This credit is only available for employers that had a [...]
Distinguished Executive Alumnus of 2020 Award
Distinguished Executive Alumnus of 2020 Award Kurt Larsen Utah State University College of Business Distinguished Executive Alumnus of 2020 Award Hear from Kurt Larsen, recipient of his year’s Distinguished Executive Alumnus Award. An Aggie, Larsen founded Resource Management [...]
Social Security Tax Deferral Update
As you probably know, on August 8, 2020, the President issued a memorandum related to delaying the employee portion of Social Security payroll taxes. Then, on August, 28, the IRS released Notice 2020-65, found here: https://www.irs.gov/pub/irs-drop/n-20-65.pdf setting forth some guidance on [...]
RMI video regarding the PPP
We hope that you and your employees continue to be safe and healthy during this trying time. To compliment the regular updates on the different legislation that has been passed to assist businesses (and the PPP loan aspect [...]
New Regulations Affecting Clients with PPP Loans
For those of you that have secured a PPP loan through your lender, you may have heard that there are now approved regulations affecting the time period and qualifying costs to be eligible for loan forgiveness. Generally, these appear [...]
PPP Loan Forgiveness Application
As you may have heard, late on Friday, the Small Business Administration and Treasury Department released the application (application and instructions for loan forgiveness) that borrowers will use to seek forgiveness for Paycheck Protection Program ("PPP") loans, along with [...]