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IRS Issued PPP Guidance Creates Upset Amongst Lawmakers

May 6, 2020 | Comments Off on IRS Issued PPP Guidance Creates Upset Amongst Lawmakers

Last week the Internal Revenue Service (IRS) issued guidance on the Paycheck Protection Program (PPP) that would prevent businesses from deducting expenses like rent and wages that are covered with the loans from the PPP. The IRS interpretation is the opposite of how Congressional lawmakers intended it. U.S. Senators Chuck Grassley (R-IA), Ron Wyden (D-OR),…

U.S. DOL Holds National Dialogue on Reopening America’s Workplaces

May 4, 2020 | Comments Off on U.S. DOL Holds National Dialogue on Reopening America’s Workplaces

The U.S. Department of Labor (DOL) is seeking comment and input from the public regarding reopening workplaces. Per the DOL: The U.S. Department of Labor (DOL) invites small business and workers to participate in the DOL’s “Opening America’s Workplaces Again National Online Dialogue.” Through this dialogue, the public can play a key role in helping…

ASA Joins America’s Recovery Fund Coalition

May 4, 2020 | Comments Off on ASA Joins America’s Recovery Fund Coalition

The Automotive Service Association (ASA) has joined America’s Recovery Fund Coalition, an alliance of more than 100 trade associations and business organizations advocating for a grant-based federal assistance program to power the resilience of American enterprise. Together, the Coalition’s members span 30 business sectors and employ 45 percent of the nation’s workforce – more than 58…

U.S. DOL Holds Online Dialogue on Opening Work Places

May 1, 2020 | Comments Off on U.S. DOL Holds Online Dialogue on Opening Work Places

Per the U.S. Department of Labor (DOL): As the U.S. Department of Labor continues its efforts to support American workers and position the economy for a strong rebound, the department is hosting a national online dialogue on “Opening America’s Workplaces Again,” to solicit ideas from the public on how best to help employers and workers reopen…

SBA Administrator and Treasury Secretary Joint Statement on PPP

May 1, 2020 | Comments Off on SBA Administrator and Treasury Secretary Joint Statement on PPP

H.R. 266, the Paycheck Protection Program and Healthcare Enhancement Act, provides an additional $321 billion for the Paycheck Protection Program (PPP). The U.S. Small Business Administration (SBA) and U.S. Department of Treasury have been working together on the roll out of the program. SBA Administrator Jovita Carranza and Treasury Secretary Steve Mnuchin released the following…

ASA Joins Automotive Industry Coalition in Letter to NGA

April 29, 2020 | Comments Off on ASA Joins Automotive Industry Coalition in Letter to NGA

The Automotive Service Association (ASA) joined other automotive repair and maintenance associations in signing a letter to the National Governors Association (NGA) regarding workers compensation programs. Due to the ongoing COVID-19 pandemic, states are beginning to make COVID19 rules for workers compensation programs that could have an overreaching impact on employers and employees in a…

NHTSA Examines FMVSS Options for Autonomous Vehicles

April 28, 2020 | Comments Off on NHTSA Examines FMVSS Options for Autonomous Vehicles

Today, the U.S. National Highway Traffic Safety Administration (NHTSA) released a report highlighting options to work around 12 Federal Motor Vehicle Safety Standards (FMVSS) that pose as barriers to deploying autonomous vehicles. Per Politico, “The report examined FMVSS regarding occupant protection, door locks, head restraints, transmission shifting and braking, rollaway prevention, tire pressure monitoring systems…

U.S. Senators Send Letter in Endorsing Expanding PPP Eligibility

April 27, 2020 | Comments Off on U.S. Senators Send Letter in Endorsing Expanding PPP Eligibility

A bipartisan group of U.S. Senators sent a letter to Republican Leader Mitch McConnell (R-KY), Minority Leader Chuck Schumer (D-NY) , Senator Marco Rubio (R-FL), and Senator Ben Cardin (D-MD), urging consideration of 501(c)(6) organizations to be eligible for the Paycheck Protection Program (PPP). The PPP, established under the Coronavirus Aid, Relief, and Economic Security…

President Trump Signs Latest COVID19 Relief into Law

April 24, 2020 | Comments Off on President Trump Signs Latest COVID19 Relief into Law

President Trump signed H.R. 266, the Paycheck Protection Program and Healthcare Enhancement Act, into law. The $484 billion relief bill includes funding for the Paycheck Protection Program (PPP),  Economic Injury Disaster Loan (EIDL) Program, hospitals, and testing. The $350 billion PPP established under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, ran out of…

SBA Administrator and Treasury Secretary Joint Statement on PPP

April 24, 2020 | Comments Off on SBA Administrator and Treasury Secretary Joint Statement on PPP

Today, President Trump signed into law H.R. 266, the Paycheck Protection Program and Healthcare Enhancement Act. The bill provides an additional $321 billion for the Paycheck Protection Program (PPP). The U.S. Small Business Administration (SBA) and U.S. Department of Treasury have been working together to provide guidance on the roll out of the program. SBA…

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