Posts by Trisha Baker
IRS Issued PPP Guidance Creates Upset Amongst Lawmakers
IRS Issued PPP Guidance Creates Upset Amongst Lawmakers Last week the Internal Revenue Service (IRS) issued guidance on the Paycheck Protection Program (PPP) that would prevent businesses from deducting expenses like rent and wages that are covered with the loans from the PPP. The IRS interpretation is the opposite of how Congressional lawmakers intended it.…
Read MoreU.S. DOL Holds National Dialogue on Reopening America’s Workplaces
U.S. DOL Holds National Dialogue on Reopening America’s Workplaces The U.S. Department of Labor (DOL) is seeking comment and input from the public regarding reopening workplaces. Per the DOL: The U.S. Department of Labor (DOL) invites small business and workers to participate in the DOL’s “Opening America’s Workplaces Again National Online Dialogue.” Through this dialogue,…
Read MoreASA Joins America’s Recovery Fund Coalition
ASA Joins America’s Recovery Fund Coalition The Automotive Service Association (ASA) has joined America’s Recovery Fund Coalition, an alliance of more than 100 trade associations and business organizations advocating for a grant-based federal assistance program to power the resilience of American enterprise. Together, the Coalition’s members span 30 business sectors and employ 45 percent of the…
Read MoreU.S. DOL Holds Online Dialogue on Opening Work Places
U.S. DOL Holds Online Dialogue on Opening Work Places Per the U.S. Department of Labor (DOL): As the U.S. Department of Labor continues its efforts to support American workers and position the economy for a strong rebound, the department is hosting a national online dialogue on “Opening America’s Workplaces Again,” to solicit ideas from the public…
Read MoreSBA Administrator and Treasury Secretary Joint Statement on PPP
SBA Administrator and Treasury Secretary Joint Statement on PPP H.R. 266, the Paycheck Protection Program and Healthcare Enhancement Act, provides an additional $321 billion for the Paycheck Protection Program (PPP). The U.S. Small Business Administration (SBA) and U.S. Department of Treasury have been working together on the roll out of the program. SBA Administrator Jovita…
Read MoreASA Joins Automotive Industry Coalition in Letter to NGA
ASA Joins Automotive Industry Coalition in Letter to NGA The Automotive Service Association (ASA) joined other automotive repair and maintenance associations in signing a letter to the National Governors Association (NGA) regarding workers compensation programs. Due to the ongoing COVID-19 pandemic, states are beginning to make COVID19 rules for workers compensation programs that could have…
Read MoreNHTSA Examines FMVSS Options for Autonomous Vehicles
NHTSA Examines FMVSS Options for Autonomous Vehicles Today, the U.S. National Highway Traffic Safety Administration (NHTSA) released a report highlighting options to work around 12 Federal Motor Vehicle Safety Standards (FMVSS) that pose as barriers to deploying autonomous vehicles. Per Politico, “The report examined FMVSS regarding occupant protection, door locks, head restraints, transmission shifting and…
Read MoreU.S. Senators Send Letter in Endorsing Expanding PPP Eligibility
U.S. Senators Send Letter in Endorsing Expanding PPP Eligibility A bipartisan group of U.S. Senators sent a letter to Republican Leader Mitch McConnell (R-KY), Minority Leader Chuck Schumer (D-NY) , Senator Marco Rubio (R-FL), and Senator Ben Cardin (D-MD), urging consideration of 501(c)(6) organizations to be eligible for the Paycheck Protection Program (PPP). The PPP,…
Read MorePresident Trump Signs Latest COVID19 Relief into Law
President Trump Signs Latest COVID19 Relief into Law President Trump signed H.R. 266, the Paycheck Protection Program and Healthcare Enhancement Act, into law. The $484 billion relief bill includes funding for the Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL) Program, hospitals, and testing. The $350 billion PPP established under the Coronavirus Aid, Relief,…
Read MoreSBA Administrator and Treasury Secretary Joint Statement on PPP
SBA Administrator and Treasury Secretary Joint Statement on PPP Today, President Trump signed into law H.R. 266, the Paycheck Protection Program and Healthcare Enhancement Act. The bill provides an additional $321 billion for the Paycheck Protection Program (PPP). The U.S. Small Business Administration (SBA) and U.S. Department of Treasury have been working together to provide…
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