On August 28, 2020, the IRS issued Notice 2020-65 that provides some needed guidance for employers wondering whether and how to comply with the employee payroll tax deferral described in the August 8, 2020 Presidential memorandum (often referred to as an “executive order.”). Even though the Notice leaves many questions unanswered, it addresses some key items. UPCO Insight Although […]
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The World Of Technology: Innovation VS. Risk
The technology industry is proving out its resilience. As every industry responds to change and disruption, tech companies are being relied upon more than ever to accommodate remote work, food and supply access, health services, communication, connectivity and entertainment. Innovation remains imperative. While it’s difficult to predict the near-term market and economic landscape, it’s clear […]
Read moreMost Recent Highlights From The SBA Regarding PPP Loans
By Brian Deutsch The U.S. Small Business Administration released guidance answering 23 frequently asked questions regarding the forgiveness of Paycheck Protection Program loans. Following are highlights from the guidance provided: Eligible costs incurred before the Covered Period but paid during the Covered Period are eligible for loan forgiveness. Further, eligible costs incurred during the Covered […]
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