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PBM Updates

Unemployment Fraud

11/6/2020

There has been an increase in unemployment claims this year due to COIVD-19. Unfortunately, this has also led to an increase in fraud/identity theft. See the steps below that you and your employee shoul

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PPP Timing of Forgiveness Application

10/20/2020

On June 5 Congress legislated a new date for PPP loan repayment: 10 months from the end of your now 24-week period.  That means the application deadline for PPP forgiveness won’t be until Jul

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HHS Provider Relief Fund Update-Phase 3

10/8/2020

On October 1st, HHS announced that it will be providing $20 billion in additional

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Families First Coronavirus Response Act (FFCRA) Update: Tax Credits May be Available

10/7/2020
BACKGROUND
Congress passed the Families First Coronavirus Response Act (FFCRA) and it became law on April 1, 2020. This law
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Guidance Issued on Deferring Social Security Taxes

08/31/2020
The US Treasury Department issued guidance Friday night on President Trump’s executive order to defer certain employees’ Social Security tax withholding from September 1 – December 31. Under the guidance, employers can opt to not withhold S
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