SBA Opens PPP Forgiveness Portal, But Banks Put on the Brakes

By: BrownWinick | 08.12.2020

  The Small Business Administration (SBA) officially opened its Paycheck Protection Program Forgiveness Portal to lenders starting on Monday, August 10, 2020. This means that banks who provided loans to small businesses through the Paycheck Protection Program (PPP) may start processing applications from borrowers to have their loans entirely forgiven. As of July 31, 2020, Read…

IRS Updates Guidelines to Allow Deferral of Employer Social Security Tax

By: BrownWinick | 07.15.2020

  Following the passage of the Paycheck Protection Program Flexibility Act of 2020 (PPPFA), the Internal Revenue Service (IRS) has updated their FAQ regarding an employer’s ability to defer Social Security taxes. Now, even employers that have received partial or full forgiveness of their PPP loan may defer the payment of Social Security taxes due Read…

H-1B Lottery Concluded – Petitions May Be Filed Beginning April 1

By: BrownWinick | 04.03.2020

  U.S. Citizenship and Immigration Services (USCIS) announced earlier this week that the H-1B electronic registration process and the FY2021 lottery has concluded. Employers are now eligible to file a FY2021 H-1B cap-subject petition — provided they electronically registered the beneficiary in the H-1B registration process, and the registration was selected in the lottery.  The Read…

Iowa Workforce Development Changes Policy on Unemployment Benefits and PTO

By: BrownWinick | 03.30.2020

  Iowa Workforce Development announced today that effective immediately, employees who are or will be laid off, or are unable to work for COVID-19-related reasons, will not be required to use all available paid leave before becoming eligible to receive Iowa unemployment benefits. This change is not retroactive and claims will not be backdated. This Read…

New Grant for Targeted Small Businesses Affected by COVID-19 — Apply Now!

By: Ingrid Johnson | 03.29.2020

  The Iowa Economic Development Authority (IEDA) is offering grants of up to $10,000 for eligible small businesses that have been economically impacted by COVID-19.  Eligible businesses include Targeted Small Businesses (TSB)—businesses owned by women, individuals with minority status, service-connected disabled veterans, and individuals with disabilities that have no employees.  Your business has to be Read…

Determining Whether Your Business Qualifies as Essential

By: Brennan Block | 03.26.2020

  More and more state and local governments are issuing “stay at home” orders that require all non-essential businesses to cease operations and send employees home. We’ve received many client questions regarding the ramifications of these orders, the definition of an “essential business,” and the registration requirements for essential businesses. Currently, Iowa does not have Read…

COVID-19 Immigration Q&A for Employers

By: BrownWinick | 03.25.2020

  What impact does “work-from-home” and “social distancing” have on my foreign labor force? Many non-immigrant visas (H-1B, L-1, TN, O, P, R, etc.) are tied to particular work-sites and activities performed at specific locations. Employers that are asking their employees to work from home may need to file new Labor Condition Applications (LCAs) or Read…