While reopening and re-staffing requirements are highly dependent upon the business’ location and current government mandates, there are consistent rules all employers must follow under the New Mexico Department of Health’s COVID-Safe Practices. These include:...

The SBA has released its application form and instructions for Paycheck Protection Program borrowers who wish to see their loans forgiven. The agency released the form in consultation with the U.S. Department of the Treasury. The application includes a worksheet that...

Reopening? Check Insurance Coverages First As states across the nation – including New Mexico – are preparing to relax or rescind COVID-19 related restrictions, many business owners are anxious to reopen their doors to the public. Before reopening their businesses,...

The Internal Revenue Service reminds employers affected by COVID-19 of three important new credits. Employee Retention Credit The employee retention credit is designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up...

New Relief Funding Bill Enacted President Trump recently signed a new relief funding law that increases the amounts appropriated to the Paycheck Protection Program (“PPP”), the SBA—for more than just Emergency Economic Injury Disaster Loans (“EEIDLs”)—and emergency...