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Don’t Overlook Advantageous Provisions of the SECURE Act

Although the 2019 SECURE Act was the most significant retirement plan policy legislation in over 10 years, its provisions have been somewhat in the background due to COVID-19. We've highlighted the following provisions that plan sponsors and employers without a plan may want to consider now.

2023-05-26T10:47:53-04:00March 8, 2021|Categories: COVID-19 Business Resources, Plan Design and Administration, Retirement|Tags: , , |

EIDL Grants No Longer Reduce PPP Forgiveness

The Economic Aid Act, which became law on December 27, 2020, made PPP loans fully forgivable regardless of EIDL grants received. Now, the SBA has issued guidance and new forgiveness forms removing the need for an EIDL reduction.

2022-01-11T13:40:36-05:00January 11, 2021|Categories: COVID-19 Business Resources, PBMares COVID-19 Insights, Tax: Business|Tags: |
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