Acadia HR

01/14/2021

10/14/2020

The Small Business Administration (SBA) has announced a simplified Payroll Protection Program (PPP) forgiveness application for all loans of $50,000 or less. The new form requires fewer calculations and less documentation for eligible borrowers. Please visit https://acadiahr.com/business-resources/ for the PPP Loan Forgiveness Application 3508S and instructions.

Resource Links Guidance for Preparing Workplaces for Covid-19 Standard Revised PPP Loan forgiveness application & instructions (6/17/2020) SBA Loan Forgiveness PPP Loan Forgiveness Application Paycheck Protection Program (PPP) Application (updated 4/2/2020) PPP Updated Reporting Requirements (4/2/20...

09/11/2020

Working with a PEO has significant advantages for small and medium sized businesses looking to make a smart change. Many business owners choose to partner with a PEO like Acadia HR to free up time that would otherwise be spent on administrative and HR tasks. This enables them to focus their time, energy, and attention on revenue producing activities and strategic business planning. That is just one of several ways that your business could benefit from a PEO relationship. To learn more about how choosing to partner with a PEO can help take your business to the next level, please visit our website at https://acadiahr.com/.

https://baltimorepostexaminer.com/3-advantages-to-working-with-a-peo-company/2020/09/02

Acadia HR provides all the tools needed to deliver the stability and security that attracts, and retains high performing workers.

09/08/2020

The IRS clarified that employers have the controlling decision of whether or not to implement the employee social security tax break. Employers may, but are not required to utilize the relief. Additionally, the IRS confirmed that participation in the payroll tax deferral is optional for non-federal employees. Clarification on the timing and method for paying the deferred amount has been further clarified as well. Please visit our website at https://acadiahr.com/business-resources/ for other important financial resources to help you navigate the extensive COVID-19 legislation.

https://news.bloombergtax.com/payroll/irs-confirms-employee-social-security-tax-deferral-is-optional

Deferring the employee portion of Social Security tax is optional, the IRS confirmed Sept. 3, resolving ambiguity in this regard that had persisted since the announcement of this relief measure.

09/03/2020

Across the country, states are reopening and travel restrictions are ever changing. It is now more imperative than ever that employers manage workplace exposure from employees who are returning from higher COVID-19 risk areas. Employers must consider safety and workplace laws in these scenarios as they are becoming very common. 28 states currently have issued travel recommendations or require individuals to quarantine after traveling. For more resources concerning workplace safety and other useful coronavirus information, please visit our website at https://acadiahr.com/covid-19/

https://www.cdc.gov/coronavirus/2019-ncov/travelers/index.html

CDC provides credible COVID-19 health information to the U.S.

09/01/2020

The start of the school year looks very different for many people this year, and your employees could be met with challenges with schools closed and others offering distance learning options. Employers with 500 or less employees are required to comply with the Federal Families First Coronavirus Response Act (FFCRA). The new Department of Labor FAQ’s addresses the use of when approved FFCRA leave is and is not applicable, and is something that all employees and employers should be informed of when requesting FFCRA leave due to providing care for school aged children. For more resources regarding the FFCRA and other coronavirus resources, please visit our website at https://acadiahr.com/covid-19/

https://www.covid19workplacelawjl.com/2020/08/schools-back-or-is-it-when-can-your-employees-take-ffcra-leave/

For many, the start of school looks different this year: from all virtual, to hybrid, to parent’s choice. Employers required to provide leave under the

08/19/2020

The U.S. Department of Labor’s (USDA) tools for businesses with under 500 employees include a Fact Sheet for Employees and a Fact Sheet for Employers, available in both English and Spanish, and an expansive list of Questions and Answers addressing the questions that the Wage and Hour Division (WHD) of the USDA has most frequently received from stakeholders to date. Available guidance also includes two new posters, Questions and Answers about posting requirements, and a Field Assistance Bulletin describing WHD’s 30-day non-enforcement policy. For more resources to help your business navigate new coronavirus legislation, check out our website’s resource center at https://acadiahr.com/covid-19/

https://www.dol.gov/agencies/whd/pandemic/ffcra-poster-questions

The .gov means it’s official. Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.

08/07/2020

With many states gearing up for distance learning and kids being out of school this fall due to Covid-19, employers with 500 or less employees need to remain compliant with state and federal laws regarding the Families First Coronavirus Response Act (FFCRA). Covered employers are required to provide employees of their rights for Expanded Family Medical Leave and Paid Sick Leave through December 31st, 2020. Up to two weeks of paid sick leave may be available to full and part time employees caring for a child due to on-campus school closures. Employers in violation of the provisions of the FFCRA could be subject to penalties enforced by the U.S. Department of Labor’s Wage and Hour Division. For more information about the FFCRA and useful Covid-19 resources, please visit our website at https://acadiahr.com/covid-19/

https://acadiahr.com/wp-content/uploads/2020/03/FFCRA_Poster_WH1422_Non-Federal-Recvd-March-25th-2020.pdf

COVID-19 Resource Links Governor’s Strike Force to Open Texas Checklist for Employers Effective April 1, 2020 – Families First Coronavirus Response Act (FFCRA or Act) The World Health Organizations advice for the Public on COVID-19 CDC What you need to…Read more ›

07/30/2020

The Continuing Small Business Recovery and Paycheck Protection Program Act was proposed this week in Congress and is intended to correct problems that PPP borrowers have had, while opening up new opportunities for borrowers. There are a few new requirements for borrowers who want to know if they can borrow more, more flexible covered periods in which a borrower has to spend sufficient amounts to receive funds, and an expanded list of forgivable expenses. One key element to this is that borrowers with loans under $150K would not be required to submit the previously issued application and would result in a much more streamlined loan forgiveness process. This has not yet been signed into law, but it is highly likely that this new act will be passed with bi-partisan support. For more resources and updates, please visit our website at https://acadiahr.com/business-resources/

https://www.forbes.com/sites/alangassman/2020/07/28/rubio--collins-bill-will-revolutionize-ppp-loans-for-small-businesses-and-those-suffering-profound-revenue-losses/

While a great many borrowers consider it to be a duty or an entitlement to borrow under the EIDL program, the standard of need appears to be much higher than the treacherous “necessity” standard that applies for PPP loans...

07/22/2020

There will likely be an additional round of PPP loans available for businesses in the near future. Secretary Munchin suggested that Congress would reauthorize the program to allow for a second PPP check to go out to the businesses hardest hit by the pandemic. The Secretary discussed a revenue test to ensure that businesses that receive future loans must actually need them. Congress has three weeks before recess to come to an agreement on a new PPP plan to help small businesses, coupled with a new economic stimulus package that would assist individuals during these challenging times. To keep up with the latest small business news, trends, and resources, please visit our website at http://acadiahr.com/

https://finance.yahoo.com/news/new-bill-would-allow-small-businesses-to-get-second-ppp-loan-174344949.html

A new bill introduced on June 18 would allow some small businesses to get a second Paycheck Protection Program loan.

07/14/2020

As a small business owner, you have a lot going on right now. You need to find information on preventing discrimination quickly and easily and need to know how to deal with equal opportunity issues that can arise in your workplace. Establishing strong policies that foster open communication and put a stop to harassment in the workplace are invaluable. This link will help you find answers to help you understand your responsibilities under federal unemployment discrimination laws. Reach out to Acadia HR through visiting our website at https://acadiahr.com/. Learn more about how our PEO services can help you protect and grow your business as well as gain access to our team of Human Resources professionals to help give you the tools you need to manage your employees during these challenging times.

https://www.eeoc.gov/best-practices-employers-and-human-resourceseeo-professionals

Best Practices for Employers

07/02/2020

With unanimous consent, the Senate passed legislation that would keep the Paycheck Protection Program (PPP) alive and give the Small Business Association authority to continue approving PPP loans through August 8th, 2020. The bill has been sent to the House where it is expected to be passed and then sent to the President’s desk to be signed into law. The new deadline is August 8th, chosen because it marks the end of the Senate’s next work period and legislators hope they can pass the next economic relief package within that time. For more PPP resources and information or links to the applications themselves, please visit our website at https://acadiahr.com/business-resources/

https://thehill.com/homenews/505360-senate-extends-application-deadline-for-ppp-small-business-loans

The Senate on Tuesday cleared legislation to extend the deadline for businesses to apply for coronavirus aid under the Paycheck Protection Program (PPP), which will expire at the end of Tuesday.