Tips for Receiving PPP Loan Forgiveness

Tips for Receiving PPP Loan Forgiveness

The Payroll Protection Program (PPP) is an element of the CARES Act that provides assistance to small businesses with 500 or fewer employees to help them pay their employees during the COVID-19 pandemic. It provides a lot of helpful provisions, but certain aspects, such as only having 8 weeks to use the loan, have been …

A Furlough or Layoff Announcement

Navigating a Furlough or Layoff Announcement

For the week ending April 18, 2020, over 4 million U.S. workers filed for unemployment insurance. This means that, since March 15, over 26 million workers have filed for benefits. If you’re one of the many businesses struggling right now due to COVID-19, you may find yourself considering furloughs, layoffs, or pay reductions. This news …

how to decide exempt vs nonexempt

Exempt vs Nonexempt – How to Decide?

You’ve identified a need to hire someone to do a certain job, so how do you determine whether it’s an hourly or salaried job? The Fair Labor Standards Act (FLSA) establishes the criteria for whether an employee is exempt vs. nonexempt. Nonexempt = not exempt from overtime. These jobs are usually hourly, and overtime must …