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COBRA Changes Related to New COVID-19 Legislation

ByLinda Forde, CPA

Did you know that COBRA health coverage is included in the American Rescue Plan Act (ARPA)? This change in regulation allows qualified individuals to gain coverage on or after April 1, 2021 without requiring them to pay premiums from the original loss of coverage date. Employers will need to pay the COBRA premium of effected…

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Paycheck Protection Program Loans and the Employee Retention Credit

ByLinda Forde, CPA

  Trying to navigate the relationship between the Paycheck Protection Program (PPP) Loans and the Employee Retention Credit (ERC) is confusing and constantly changing. Previously, you could not receive a PPP loan and claim the ERC on your Quarterly Tax Payments, although recent legislation has changed to allow employers to take both. Due to this change,…