DCAP elections

COVID-19: Can DCAP Elections be Changed Midyear?

Due to the coronavirus (COVID-19) pandemic, employers are now faced with many challenges with their workforces, including responding to changes in employee benefits programs, such as DCAP elections. In response, they have many questions. Here's…
Covid-19 Relief Bill

MI Sends Notices On Unemployment Compensation

Michigan has started sending out this notice regarding unemployment compensation: “The Unemployment Insurance Agency records show you recently established a claim for unemployment benefits. This notice is to advise you that an addition to…
paycheck protection program

What The Paycheck Protection Program Provides

Disclaimer: The information available to us is changing rapidly & key questions remain about how to implement the Paycheck Protection Program. Although the information below is provided based on our best judgement about what we know at this…
protecting-important-data-in-a-work-from-home -world

Protecting Data in a Work from Home World

In true American spirit, companies nationwide have quickly adapted to the rapid spread of COVID-19 and transitioned employees to a work from home (WFH) model; but are they protecting data in a work-from-home world? This approach is critical…
tax-related scams

The risk of cybercrime has never been higher

As many employees are working remotely for the short term, “normal” communication among teams has changed dramatically, almost overnight. This can result in deviation from established protocols in all areas of organizations. Not surprisingly,…
sba loan

SBA Loan Relief Available for Small Business

SBA Loan Relief and New Lending Now Available For Small Businesses Impacted By COVID-19 Defer Existing SBA Loan Payments for Up To 6 Months This is at the lender’s discretion, but anyone with a current loan can/should talk with their…
layoffs

Guidance for Employers Considering Layoffs

State Provides Guidance to Employers Contemplating Layoffs Source:  Michigan Department of Labor and Economic Opportunity LANSING, MICH. The Department of Labor and Economic Opportunity today provided guidance to Michigan employers on…
refinance

Is Now the Time to Refinance Your Loan?

Interest rates are dropping in this uncertain business climate in response to the COVID-19 pandemic. Is now the time to refinance your business loan or mortgage? For business loans, what you’re going to be able to find seems to be on a…
Federal income tax relief

The IRS Provides Federal Income Tax Relief

The IRS has provided federal income tax relief for any person with a federal income tax payment due April 15th. Background:   The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals…