Category Archive

Kansas Independent Oil & Gas Association hosted a webinar about everything you need to know about the Paycheck Protection Program. They covered topics such as: When do I take my … Read More

The cap was raised from allowing 30% of interest payments to be deducted in the year in which occurred to 50%. The effective date for this change means it applies … Read More

The CARES Act implemented numerous changes regarding Net Operating Losses. It allows for a 5 year carry back. The effective date for this change means the change applies to the … Read More

17 GOP senators are urging The Honorable Steven Mnuchin, Secretary of the Treasury, to ensure some of the $500 billion in Treasury loans from the CARES Act goes to oil … Read More

On April 1, the U.S. Department of Labor (DOL) announced new action regarding how “American workers and employers will benefit from the protections and relief” offered by the Emergency Paid … Read More

Starting April 1, 2020, businesses with fewer than 500 employees will need to provide employees with paid time off for a variety of reasons relating to the COVID-19 pandemic. This is in … Read More

The Treasury Department’s Employee Retention Credit program launched this week. The program is designed to encourage businesses that don’t qualify for the SBA’s Payment Protection Program to keep employees on … Read More

The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act has passed the Senate, the House, and has been signed into law by the President on March 27, 2020. The Act … Read More

Under the CARES Act, the Small Business Administration is offering The Paycheck Protection Program. The program is offering small loans on favorable terms for payroll necessities. It is intended to: … Read More