Monitor Overtime Pay for Your Remote Workers: DOL Guidance
Paying your employees for hours that you know they’ve worked is straightforward enough. But what if they’re doing more work…
Additional Guidance on Deferral of Employee Social Security Taxes Released
On August 28th, the IRS released guidance on the President’s Executive Memorandum regarding the deferral of employees’ social security payroll…
PPP Loan Forgiveness Expenses – Update on Owner Compensation and Related Party Expenses
On August 25th the Treasury Department issued additional guidance related to owner-employees and related party rents and mortgages. The Small…
1099 Reporting Change for 2020
ALERT: For those using QB, the recent maintenance update for QB includes the changes necessary to process the 1099-NEC Forms. …
Executive Order Delaying Payments of Employee Social Security Taxes
On August 8, 2020, President Donald Trump issued a presidential memorandum allowing employees to defer the social security portion of…
Additional PPP Forgiveness Guidance Released
On August 11th the SBA released additional Frequently Asked Questions specifically related to the expenses eligible for PPP loan forgiveness. …
New Regional Sales and Use Tax in Central Virginia Region
Effective Oct.1, 2020, a new 0.7% regional retail sales and use tax will be levied in localities in Central Virginia….
Employees Working at Home? Rethink Your Space Needs
For some employees, working from home is a personally liberating experience that contributes to greater productivity. For others, not so…
Monitor These 3 Things as Your Nonprofit’s Priorities Change
Several months into the COVID-19 crisis, most not-for-profit organizations have formulated at least a temporary plan for sustaining operations. But…
ERISA Notices During the COVID-19 Crisis
Here’s a question about the timing of ERISA Group Health Plan communication during the pandemic. Q: We understand that the…