Dec 14, 2020
On this episode, Karen and Dr. Gia Wiggins of Morale Resource, LLC, have a serious talk about what they know, as of today, about the FRCA (Family First Corona Response Act), PPP forgiveness, and creating an official company telecommuting policy for your employees and staff. Karen shares some accounting and tax wisdom to navigate these tricky federal acts and Dr. Gia explains the HR and employment issues of these ever-changing federal programs. Now is the time to get all your records in order and know exactly the ins and outs of the 2020 FRCA and the PPP forgiveness submissions.
- The FRCA Speaker expires on December 31st unless something else is approved and extended.
- There are no additional hours, over 80 hours of payroll pay, that your company will get the credit for after December 31st.
- Make sure that they're keeping accurate employment and payout records; if not, correct them now.
- Find an HR or financial professional to help with any FRCA or PPP tracking, records, or reporting issues.
- All of your remote workers need to be under an official telecommuting agreement.
= Do not make any knee jerk reactions or payments. Consult with professionals for any FRCA, PPP, and PPP forgiveness questions or issues.
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