PPP FORGIVENESS UPDATE

PPP FORGIVENESS UPDATE

On June 3, 2020, the Senate passed the Paycheck Protection Program Flexibility Act of 2020 (H.R. 7010). CLARIFICATIONS IN THE PPP FLEXIBILITY ACT OF 2020 While additional guidance is likely related to this new legislation, the Act does somewhat simplify the... Read More
PAYROLL PROTECTION PROGRAM

PAYROLL PROTECTION PROGRAM

In general, this program is designed to help you retain your employees in the economic downturn related to the COVID-19 crisis by providing up to eight weeks of federally guaranteed loans that are forgiven, with stipulations, if you continue to pay your employees.  A... Read More
TWC SHARED WORK PROGRAM

TWC SHARED WORK PROGRAM

The Texas Workforce Commission Provides an Alternative to Layoffs During COVID-19 The Texas Workforce Commission (TWC) is encouraging employers to enroll in Shared Work program as an alternative to layoffs. The voluntary Shared Work program was developed to help Texas... Read More