Announcements

Posted: August 26, 2020

As you know, on August 8, the President issued an Executive Memorandum allowing employees who make less than $104,000 a year to defer their payroll (Social Security) taxes starting September 1 through the end of 2020. We want to update you on what we know as of today...

Posted: August 12, 2020

On Saturday August 8th, the President issued an executive memorandum regarding a payroll tax holiday (deferral). The memorandum directs the Secretary of the Treasury to implement a delay of certain employees’ obligations to pay Social Security taxes. The payroll tax memorandum requires guidance to be issued by the Department of Treasury...

Posted: July 28, 2020

Many of you secured a PPP loan over the past few months and have since completed your 8-week period. With the loan period ended, you may be ready to begin your loan forgiveness application. We are excited to announce that Employer Advantage has developed a reporting package that is now available to assist with completing your loan...


Posted: July 20, 2020

We want to make sure you’re all aware of the grant program that the state of Missouri recently introduced to help small businesses struggling with the impacts of COVID-19. You can find out more information here...

Posted: July 7, 2020

Last Friday, President Trump signed into law legislation that extends the Paycheck Protection Program (PPP) loan application deadline by five additional weeks. The new deadline to apply for a PPP loan is August 8, 2020...

Posted: June 18, 2020

Many of you that have secured PPP Loans have either completed your 8-week covered period or are approaching the end of that period. Attention is now being turned to the forgiveness application. We wanted to provide you with some information about this process...

Posted: June 17, 2020

For those who have already received a Paycheck Protection Program (PPP) Loan and are eager to learn about the forgiveness process, the Small Business Administration (SBA) has released a revised and “borrower-friendly” PPP Loan Forgiveness Application. The newly revised application is intended to be less complicated and easier for businesses...

Posted: April 17, 2020

Now that many of our clients have secured loans through the Paycheck Protection Program (PPP), we are getting a variety of requests for guidance on how the PPP loan forgiveness will work. The truth is, there are still a lot of unanswered questions about how the forgiveness will work. The Treasury Department and SBA have promised...

Posted: April 7, 2020

Review the latest frequently asked questions about the Paycheck Protection Program Loans and what is required for submission of these loans.

Posted: April 1, 2020

Over the past few days, we have received hundreds of requests from clients anxious to get the data they need in order to apply for a Paycheck Protection Program (“PPP”) loan.In order to get the necessary data to all of you as quickly as possible, we are creating a standardized report that will contain all of the data you (and the bank) will need...

Posted: March 27, 2020

As the current COVID-19 crisis has hit, many of you have been forced to make some very difficult decisions, from pay cuts, to layoffs, to complete shutdowns of your businesses.
We wanted to alert you right away that you may want to reconsider all of those decisions. As most of you have probably seen by now, Congress passed an unprecedented...


Posted: March 26, 2020

As you know, Congress recently passed legislation in response to COVID-19 that may impact your company and your employees. While more legislation is in the works, we wanted to give you a quick summary of the key provisions and changes you need to be aware of. These provisions take effect on April 1, 2020 and only affect employers...

Posted: March 20, 2020

We know many of you have questions about the recently signed Families First Coronavirus Response Act (FFCRA). This piece of legislation introduces new and unprecedented benefits and requirements for both employees and employers. As you can imagine, our office has been flooded with questions about the working...

Posted: March 19, 2020

The Families First Cornavirus Response Act has been passed and will go into effect in 15 days. This unprecedented legislation deals with a variety of issues, but the ones that are most concerning to our clients are the Emergency Paid Sick Days Program and the Emergency Family and Medical Leave Expansion Act...