House Passes Paycheck Protection Flexibility Act of 2020 As expected, the House passed H.R. 7010, their Paycheck Protection Program Flexibility Act of 2020 yesterday. The Senate is expected to address its own PPP amendments bill when it returns from recess next week. If the bills the House and Senate pass are different, they will have … Continued
The SBA has acknowledged that businesses who partner with a Professional Employer Organization (PEO), such as ESC, do not file the standard 941 and 940 payroll tax filings reports under their own employer registration numbers (EIN). The Treasury Department posted the following guidance on in their PPP Frequently Asked Questions publication.