Potential Fines for Vaccine Mandate Noncompliance
With the Supreme Court set to make a determination on the permissibility of the Biden Administration’s Vaccine Mandate this week, many are wondering what the fines could be for noncompliance. When President Biden announced a federal COVID-19 vaccine and testing requirement for companies with 100 or more employees, legal experts had their concerns. The biggest […]
Is Biden’s death tax a death knell for small business owners?
One of President Biden’s most cherished new tax proposals is referred to as the “Step-up Tax”, a tax that could devastate many family businesses. Basically, this is a tax that would immediately be imposed upon the death of a business owner. It is a tax that is levied on “unappreciated assets”. Current laws allow those […]
Payroll Protection Program (PPP) loans update
The Small Business Administration (SBA) has reported that they have processed approximately half of the forgiveness applications that they have received. It is important to point out to small businesses that applications for forgiveness of your PPP loans are due very soon, for many prior to the end of July. Remember, if you meet certain […]
Congress moves closer to new stimulus relief package
A second stimulus check is officially back on the menu. After weeks of advancing a COVID-19 relief package without funding for an extra check, negotiators in Washington are shaping a new $900 billion coronavirus stimulus bill that is said to include a second stimulus check. Instead of another $1,200 payment, however, the bill will set […]
LLRG’s 2nd COVID-19 Business Impact Survey Responses
As many counties have eased their initial lockdowns in the face of the COVID-19 pandemic, business owners and workforce face the thorny challenge of how to conduct business in a safely manner. The health and safety of our clients and their workforces is our primary concern. There are a number of measures we are taking […]
More Changes to the Paycheck Protection Program
The Paycheck Protection Program Flexibility Act (PPPFA) signed by President Trump The PPPFA is a huge win for small businesses as it will ease many of the burdens placed on businesses that received PPP loans. Regardless of your political affiliation the bipartisan approval of the adjusted PPP loan forgiveness process gives us all hope that […]
Gov. Abbott announces Phase III of Texas’ plan to safely open the economy while containing the spread of COVID19
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$600 monthly unemployment bonus being debated
There’s an intense debate currently occurring on Capitol Hill regarding additional relief and/or stimulus benefits for small businesses. Both political parties seem to be in agreement that more aid is needed as a result of the Coronavirus pandemic; however what should be included in the next round of legislation is far from certain. One area […]
Texas Gov. Abbott reveals new rules and phases for opening up Texas economy
Texas Gov. Greg Abbott is allowing his stay at home order to expire on Thursday April 30, 2020 and that is allowing some businesses to reopen on Friday, May 1stas part of his Open Texas plan. During his press conference Monday afternoon, Abbott said restaurants, malls, retail stores and movie theaters can reopen on May […]
LLRG Client Survey on COVID-19 (Insights & Opinions)
As the LL Roberts Group (LLRG) strives to provide our clients with the news and information they want concerning the current COVID-19 outbreak, we have begun a series of client surveys. In addition to our daily LLRG blog postings, we have reached out to our clients in the form of a brief 3 questions survey […]