The GPL Blog

SMALL BUSINESS PAYCHECK PROTECTION PROGRAM

SMALL BUSINESS PAYCHECK PROTECTION PROGRAM

The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. Fully Forgiven Funds are provided in the form of loans that will be...

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SBA lending available for COVID-19 affected businesses

SBA lending available for COVID-19 affected businesses

SBA released a COVID-19 small business guidance & loan resources online center. If you are a small business here is how to apply: https://disasterloan.sba.gov/apply-for-disaster-loan/index.html SBA Express Bridge Loans Express Bridge Loan Pilot Program allows...

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SOC 2 – what is it and do I need to comply?

SOC 2 – what is it and do I need to comply?

SOC 2 is an auditing procedure ensuring that organizations securely manage data to protect the company and the privacy of its clients. Its goal is to make certain that controls are in place to assure security and confidentiality of customer information. For...

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IRS announcement

IRS announcement

  To help people facing the challenges of COVID-19 issues, the IRS announced yesterday (March 25, 2020) a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing compliance...

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Emergency Paid sick leave

Emergency Paid sick leave

Employers with less than 500 employees must also provide employees with two weeks (80 hours) of Paid Sick Leave to be paid at the employee’s regular rate of pay (subject to certain caps and restrictions described below) if the employee is unable to work (or telework)...

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Emergency FMLA

Emergency FMLA

Employers with less than 500 employees must allow employees up to 12 weeks of Paid Family Leave who are unable to work (or telework) because their child’s school has been closed or the childcare provider is unavailable due to the coronavirus. To be eligible, employees...

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Stay at Home Orders & What It Means For You

Stay at Home Orders & What It Means For You

With many city mayors and state governors now issuing Stay at Home Orders, many people are now wondering what this means for the people of this country.These orders are meant to slow the spread of this virus and protect those most vulnerable to this virus. Most cities...

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