The Interplay of Wage and FTE Reduction

By Paul Neiffer, Principal CliftonLarsonAllen – Walla Walla Washington –  Email – T. 509.823.2920 The application for PPP loan forgiveness requires each applicant to determine if their loan forgiveness is reduced by either: A reduction in average salary or wage of greater than 25%, or A reduction in Full-Time Equivalent employees (FTEs). This post will…

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Navigating COVID-19 in the Workplace: Are You on the Right Path?

WATCH REPLAY HERE Join Becker Shareholder Jamie Dokovna, who focuses her practice on employment law, and Dr. Shanequa Fleming, Founder and CEO of human potential development firm, Perfect Solutions Consulting, for a candid conversation on handling COVID-19 in the workplace. The dynamic discussion will focus on safely returning employees to the workplace and what future trends we…

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Risky Business: What Owners Need To Do When Reopening Facilities

WATCH REPLAY HERE Join us Tuesday, May 19 at 2pm for an in-depth discussion about what owners should consider when reopening their facilities. Becker attorneys will be joined by experts from Signal Restoration, a leading provider of commercial sanitization services, to explore important questions including: What duty do we have to unit owners and patrons of facilities…

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Employers – Track Payroll for Non-Working Employees

By Krista Wyant, Bookeeping, Business Consulting, Construction Business Consulting – Markham Norton Mosteller Wright & Company, P.A. -p. 239.433.5554 Given the current circumstances, many employers are still paying their staff who are not working due to the current restrictions. Several programs, loans, and grants have been created to assist businesses and those individuals who are feeling…

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PPP Forgiveness – Part Two

Thursday May 21, 2020 Virtual Hosting Livestream HERE Join our multipart livestream series on Thursdays to engage in the latest changes related to these uncertain times. You’ll hear strategies for navigating what these developments mean for you. Topics include issues related to legislation, liquidity, workforce, and other relevant topics. Speakers: Jennifer Rohen, CLA Principal, WOTC Practice…

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PPP Forgiveness – Part One

In case you missed it: Livestream Here Join our multipart livestream series on Tuesdays and Thursdays to engage in the latest changes related to these uncertain times. You’ll hear strategies for navigating what these developments mean for you. Topics include issues related to legislation, liquidity, workforce, and other relevant topics. Questions? Contact Heather Kloster at heather.kloster@CLAconnect.com or…

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PPP Safe Harbor Updates

By Krista Wyant, Bookeeping, Business Consulting, Construction Business Consulting – Markham Norton Mosteller Wright & Company, P.A. -p. 239.433.5554 We shared with you on May 6, 2020 that new guidelines had been released regarding the Paycheck Protection Program (PPP). In previous announcements the date for repayment under the Safe Harbor, if deemed necessary, was scheduled…

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HEROES Act Important, but Short Term Solution for Small Businesses

On the passage of the HEROES Act in the House today – Executive Director of the Main Street Alliance Amanda Ballantyne had this to say: “It was important for the House to pass the HEROES Act, which included immediate and necessary fixes to the Paycheck Protection Program, an expanded payroll subsidy program through the Employee Retention Tax…

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FULL PHASE 1 BEGINS MONDAY, MAY 18

At his noon news conference in Jacksonville today, Governor Ron DeSantis shared details on the next steps of Florida’s re-opening plans. Full Phase 1 becomes effective on Monday, May 18, 2020. Later in the day the Governor tweeted, “All 67 counties may now begin re-opening as we continue to implement our #SafeSmartStepbyStep Plan for Florida’s Recovery.” Full Phase 1 is…

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May 13 Guidance Brings Clarification on PPP Certification Requirements

By Jack Rybicki, Managing Principal of Industry, CLA email p. 813.384.2701 The U.S. Department of the Treasury has issued guidance that clarifies how the Small Business Administration (SBA) will review a borrower’s required good-faith certification concerning the necessity of the borrower’s PPP loan request. FAQ #46, issued on May 13, provides that “Any borrower that, together…

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