California Employers Opt Out of Employee Tax Deferral Program

In early August, President Trump signed an executive order directing the Secretary of Treasury to defer the withholding, deposit and payment of the employee portion of Social Security taxes on wages paid from September 1, 2020, through December 31, 2020. The intention...

Minimum Wages Increase Again on July 1st, 2020

Mid-year Minimum Wage Increases to impact some CA Cities and Municipalities. Many California employees saw a rise in pay on January 1st, 2020, when the state increased the minimum wage to $13 per hour for large employers (26 employees or more) and $12 per hour for...

American Institute of CPAs PPP Loan Forgiveness Calculator

The American Institute of CPAs (AICPA) has created a loan forgiveness calculator (excel spreadsheet download) for the Paycheck Protection Program (PPP) to help resolve outstanding issues with the process.The calculator is based on existing PPP guidance from the...

SBA Releases PPP Loan Forgiveness Application

On Friday May 15th, in consultation with the U.S. Department of the Treasury, the Small Business Administration (SBA) released an application for Paycheck Protection Program (PPP) loan forgiveness. The application includes detailed instructions on how to complete the...

How to Apply for the PPP Loan

As mentioned in our most recent blog post detailing the employer-related provisions of the CARES act, employers can begin applying for the Paycheck Protection Program (PPP) today, April 3, 2020.Last night, the Small Business Administration (SBA) issued interim final...