The SBA has issued a new, simplified forgiveness application for PPP loans of $50,000 or less. A PPP borrower using this form is exempt from any reductions in the loan …
Critical Update for Employers: MIOSHA Emergency Rules
The Michigan Occupational Safety and Health Administration (“MIOSHA”) recently issued new Emergency Rules for the workplace, which are nearly identical to the workplace guidelines Governor Whitmer previously issued in the …
MDHHS Issues Updated Emergency Order
The Michigan Department of Health and Human Services issued an update to its earlier Emergency Order to include additional employer and workplace requirements. This Emergency Order, which went into effect …
Department of Labor Issues Revised FFCRA Regulations
The Department of Labor has issued revised regulations clarifying the paid leave requirements under the Families First Coronavirus Response Act (“FFCRA”). These updates include clarification of intermittent leave, time off …
Requirements for PPP Borrowers Contemplating a Change of Ownership
The SBA recently issued a Procedural Notice to PPP Lenders setting forth new requirements for a change of ownership of an entity that has an outstanding PPP loan. All such …
Update for Employers in Light of the Michigan Supreme Court Ruling and Emergency Order Issued by MDHHS
Last week the Michigan Supreme Court released an important Opinion declaring that Governor Whitmer exceeded her authority by issuing Executive Orders related to the COVID-19 pandemic which were effective after …
IRS Releases Guidance for Deferral of Employee Social Security Tax Withholding
The Department of Treasury and IRS recently issued Notice 2020-65, implementing President Trump’s August 8 Executive Order, regarding the deferral of withholding and payment of the employee portion of the …
Critical Update for Employers: Gyms, Pools and Organized Sports Can Reopen; Updated Workplace Guidelines
On September 3, 2020, Governor Whitmer issued two more executive orders affecting employers. Executive Order 2020-176 updates the “Safe Start” plan and allows organized sports to resume and permits gyms, …
Further Update on Employer Requirements When Workers are Affected by COVID-19
On August 27, 2020, Governor Whitmer issued Executive Order 2020-172, regarding when an employee is permitted to miss work and return to work if the employee tests positive or is …
New PPP IFR – Treatment of Owners and Forgiveness of Certain Nonpayroll Costs
The SBA recently issued a new PPP Interim Final Rule (“IFR”) regarding “Treatment of Owners and Forgiveness of Certain Nonpayroll Costs.” This IFR clarifies that owner-employees with less than 5% …