2020-04-06 CARES Act Developments This Week Through the Morning of April 5
This week review the status of developing guidance on key provisions of the CARES Act: Recovery Rebate for Individuals, Including Advance Payment Deferral of the Required Minimum Distributions for 2020 PPP SBA loan program - things we've learned and things we still need guidance on Forgiveness of PPP loans - are payroll costs different for this than for the maximum loan or not? Does anyone know for sure? Emergency EIDL Loans - the forgotten provision Employee retention payroll credit - the alternative (maybe) to a PPP loan Delay of deposits for employer portion of OASDI taxes - can take if you don't have a PPP loan forgiven Copyright 2020, Kaplan, Inc.