PPP Loan Forgiveness – Update!
On May 22nd, the SBA released further clarification regarding PPP loan forgiveness concepts and calculations, as a follow-up to its recently released SBA Form 3508, which is the current 11…
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PPP 8 Week Forgiveness – Suggestions
CARES Act PPP/SBA loans provide that qualifying costs (payroll, rent, interest and utilities) paid or incurred during the 8 week “covered period” may qualify for partial to complete “loan forgiveness”…
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PPP Loans – Loan Forgiveness
The CARES Act enacted into law on March 27, 2020 contains provisions which enables employers with fewer than 500 employees (per location) to apply for SBA backed loans with the…
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New Tax Deferrals & Tax Credits/CARES Act
Previous PayDay’s authored by AccuPay during the past week provided information about the Families First (FFCRA) legislation regarding employers with fewer than 500 employees who are required to offer sick/family…
Read More SBA/PPP Loans: What Lenders Need
Many of our small-medium sized employers are applying for SBA loans, pursuant to the CARES Act enacted into law on March 27, 2020. As AccuPay is on the “front lines”…
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Sick/Leave Rules & Tax Credits
The Families First Coronavirus Response Act (FFCRA), signed into law on March 18, 2020, requires most employers with fewer than 500 employees to provide paid Emergency Sick and/or Family/Medical leave…
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Coronavirus – Resources for Employers
As we write this PayDay about resources to help employers deal with Coronavirus issues pertaining to their employees, Congress has still not been able to pass what is expected to…
Read More AccuPay COVID-19 Procedures
AccuPay, Inc. understands that our clients may have questions and/or concerns about the ability to continue with the essential business tasks during the COVID-19 outbreak. We have identified the essential…
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