Insights

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 [...]

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 [...]

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 [...]

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 [...]

RMI knows that you have been inundated recently with information related to both the original federal aid legislation (the Families First Coronavirus Response Act, or the “FFCRA”) and the second major piece of legislation (the Coronavirus Aid, Relief, and [...]

We know you have many questions regarding the recently passed CARES Act ("the Act"), specifically, what are the next steps? In an effort to keep information flowing, we will produce a series of updates over the next few days [...]