Search Results for "fica"



Resource

Paycheck Protection Program Flexibility Act of 2020

(Significant changes to the CARES Act, including PPP, become law) In a June 1 BNN article, we shared news that changes were afoot in Washington that could upend (mostly favorably) many criteria for PPP loan forgiveness. At that time, the House had drafted H.R. 7010 – the Paycheck Protection Program



Resource

Potential Changes to PPP Loan Forgiveness Criteria

Some employers who are working on their PPP loan forgiveness applications may want to consider holding off turning them in while we await some movement in Washington that may alter the criteria used to compute the amount forgiven.


Resource

PPP: SBA Issues Guidance on Forgiveness Responsibilities for Lenders and Borrowers

The SBA recently issued an interim final rule (IFR), which is effective immediately. The IFR provides clarity on some aspects of the forgiveness process and related borrower and lender responsibilities. The SBA issued the IFR “to meet lenders’ and borrowers’ need for clarity concerning loan forgiveness requirements as rapidly as


Resource

2021 IPPS Proposed Rule

The following is a summary of the following: Medicare Program; Hospital Inpatient Prospective Payment Systems for Acute Care Hospitals and the Long-Term Care Hospital Prospective Payment System and Proposed Policy Changes and Fiscal Year 2021 Rates; Quality Reporting and Medicare and Medicaid Promoting Interoperability Programs Requirements for Eligible Hospitals and


Resource

Maine’s Second Quarter Estimated Tax Deadline Moved to July 15

Maine recently announced that the second quarter 2020 estimated Maine income tax payment deadline for individuals, trusts, estates, and calendar year entities has been extended from June 15 to July 15, 2020. This brings into alignment a number of actions that are now required by July 15 for many calendar