by Justine Konicki | Dec 23, 2020 | Finance, Government, Individuals and Family
By Justine Lara Konicki As part of the CARES Act, Congress provided certain relief for student loans. Among other things, the bill suspended the payment on all student debt owned by the U.S. Department of Education, set a 0% interest rate on these loans and paused...
by Justine Konicki | Dec 10, 2020 | Finance, Government, Individuals and Family
By Justine Lara Konicki In a chaotic week on Capitol Hill, a bipartisan group of legislators has proposed a compromise: $908 billion in coronavirus relief, dubbed the “Bipartisan Emergency COVID Relief Act of 2020.” The bipartisan proposal is wide-ranging and includes...
by Justine Konicki | Aug 6, 2020 | Finance, Government
By Justine Lara Konicki & Kyle Stroup The Paycheck Protection Program (PPP) will expire on Saturday, Aug. 8, 2020. After this deadline, businesses in need of funds to continue to pay their employees during the COVID-19 pandemic will need to explore other options....
by Justine Konicki | May 14, 2020 | Finance, Government
By Justine Lara Konicki Late Wednesday, May 13, 2020, the Treasury Department issued new SBA guidance in the form of FAQ #47, extending the safe harbor date to May 18, 2020. The deadline for the safe harbor, which was created to allow companies to return Paycheck...
by Justine Konicki | May 13, 2020 | Finance, Government
By Justine Lara Konicki & Kristina Supler As the Department of Treasury, the Small Business Administration and the Internal Revenue Service continue to issue guidance on compliance with the Paycheck Protection Program, the Department of Justice announced this week...