SBA, Treasury & IRS release interim final rules on PPP loan forgiveness and tax credits

1.Business Loan Program Temporary Changes; Paycheck Protection Program – Requirements – Loan Forgiveness https://home.treasury.gov/system/files/136/PPP-IFR-Loan-Forgiveness.pdf 2. Business Loan Program Temporary Changes; Paycheck Protection Program – SBA Loan Review Procedures and Related Borrower and Lender Responsibilities https://home.treasury.gov/system/files/136/PPP-IFR-SBA-Loan-Review-Procedures-and-Related-Borrower-and-Lender-Responsibilities.pdf 3.  Foreign affiliates. https://home.treasury.gov/system/files/136/Interim-Final-Rule-on-Treatment-of-Entities-with-Foreign-Affiliates.pdf 4.  Second extension of safe harbor for certification of necessity https://home.treasury.gov/system/files/136/IFR–Second-Extension-of-Limited-Safe-Harbor-with-Respect-to-Certification-Concerning-Need-for-PPP-Loan-and-Lender-Reporting-5-20-2020.pdf 5. New Employer Tax Credits

Hours of Service Truck Drivers Final Rule

Federal Motor Carrier Safety Administration (FMCSA) final rule(s) on hours of service key revisions to the existing HOS rules: Increasing safety and flexibility for the 30-minute break rule by requiring a break after eight hours of consecutive driving and allowing the break to be satisfied by a driver using on-duty, not driving status, rather than

DOL Social Media Links on FFCRA

The new workplace posters on paid sick leave and expanded family and medical leave under the Families First #Coronavirus Recovery Act are now available in Spanish: https://t.co/0bda4UNN4t #COVID19 — US Labor Department (@USDOL) April 1, 2020 Los nuevos posters para el lugar de trabajo sobre la licencia pagada por enfermedad y la extension de licencias

TIGTA Announces Creation of Web Page and Reporting Form For Coronavirus Relief Payment Scams

WASHINGTON – The Treasury Inspector General for Tax Administration (TIGTA) today announced a new website providing information concerning IRS-related coronavirus scams.  Taxpayers can visit the Coronavirus page on TIGTA’s public website to learn about scams involving the economic stimulus payments or other IRS-related coronavirus scams.  In addition, taxpayers may report potential coronavirus scams to TIGTA

U.S. Department of Labor Takes Action to Help American Workers During the Coronavirus Pandemic

News Release WASHINGTON, DC – The U.S. Department of Labor’s recent actions have aided American workers as our nation combats the coronavirus pandemic. “Through daily technical assistance, four major guidance documents, answers to frequently asked questions, and proactive IT support related to the CARES Act, the department has given states a roadmap of how to

E-Verify & I-9 Q &A

  Questions and Answers Related to Temporary Policies for Form I-9 and E-Verify Questions about Form I-9 Requirements   Q1.  Can you provide an overview of changes to Form I-9 requirements due to COVID-19 and also explain what is staying the same? A. Yes, here is an overview: The employee completes Section 1 no later