The Coronavirus Aid, Relief, and Economic Security Act of 2020 (CARES Act), the Consolidated Appropriations Act, 2021 (CAA) and now the American Rescue Plan Act of 2021 (ARPA) each include many provisions that affect...more
4/29/2021
/ American Rescue Plan Act of 2021 ,
CARES Act ,
COBRA ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Flexible Spending Accounts ,
Fringe Benefits ,
Premium Subsidies ,
Relief Measures ,
Retirement Plan ,
SECURE Act
On December 27, 2020, the Consolidated Appropriations Act, 2021 ("CAA" or the "Act") was signed into law. The 2,100+page CAA is made up of 32 Divisions. The significant business and individual taxpayer related provisions are...more
1/26/2021
/ CARES Act ,
Consolidated Appropriations Act (CAA) ,
Economic Aid Act ,
Economic Injury Disaster Loans ,
Employee Retention ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
Income Taxes ,
IRS ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
Retirement Plan Providers ,
Tax Deductions
The Small Business Administration and the Treasury Department have finally issued an application and instructions for borrowers seeking forgiveness of all or a portion of their Paycheck Protection Program (PPP) loans. As...more
Over the last several weeks, Sullivan has issued numerous client alerts that explore the Paycheck Protection Program (PPP) instituted under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and other funding...more
This alert, from the Employment & Benefits practice group, focuses on the various retirement, welfare and fringe benefit related changes that have come out of the Coronavirus Aid, Relief, and Economic Security Act (the CARES...more
Sullivan recently issued a client alert highlighting key provisions of the Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act") as well as a follow-up client alert providing a deeper dive into the Paycheck...more
The Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act"), signed into law by President Trump on March 27, 2020, provides access to loans or tax credits to certain nonprofit organizations and encourages...more
These are extraordinary and fluid times for small businesses and individuals. As part of our mission as counselors and indeed partners to our clients, we have been closely reviewing the stimulus package recently signed into...more
On March 13, 2020, the President issued a determination under the Robert T. Stafford Disaster Relief and Emergency Assistance Act (the “Stafford Act”). A consequence of that action is that payments from employers to employees...more