On August 8, President Trump issued an executive action directing the Treasury Department to defer the withholding and payment of the employee portion of FICA tax on wages paid from September 1, 2020 to December 31, 2020. The executive order required the Treasury to provide guidance regarding the detailed rules and practical application of the payroll
Read More...SBA Releases PPP Loan Forgiveness Interim Final Rule The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act established the Paycheck Protection Program (“PPP”) that provided loans for qualifying small businesses. Under the CARES Act, proceeds received by a borrower from a PPP loan may be forgiven if the borrower uses the proceeds to pay specified expenses
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Houston, TX (August 25, 2020) – Amanda Beabout, Audit Senior Manager, was chosen to receive the 2020 Women Who Mean Business award from the Houston Business Journal. This award honors women across the Houston area for their achievement in various fields such as finance, energy, law, hospitality and more. Hundreds of women applied and 96
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Fort Worth, TX (August 13, 2020) – Whitley Penn is pleased to announce that Miranda Broussard, Human Resource Compliance Associate and Joni Lui, Talent Acquisition Associate, have acquired the Employing Abilities @ Work and Veteran’s at Work certifications through the SHRM Foundation. Broussard and Lui have acquired the Employing Abilities @ Work and Veteran’s at
Read More...The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act established the Paycheck Protection Program (“PPP”) that provided loan funding for qualifying small businesses. Under the CARES Act, the proceeds received by a borrower from a PPP loan may be forgiven if the borrower uses the proceeds to pay specified expenses (including payroll costs, interest on qualified
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Dallas, TX (August 5, 2020) – Whitley Penn has been listed to the Dallas Business Journal’s Middle Market 50 list. The list honors the fastest-growing private and public companies that are based in Dallas–Fort Worth and have an annual revenue between $10 million and $1 billion. “We are honored to be named to this year’s Middle Market 50 list,”
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During a time of uncertainty, we want to assure you that Whitley Penn will adapt to the needs of our clients. With normalcy out the window, we are also monitoring state and federal laws and regulations to see what relief will be granted to our public sector clients. The federal government is currently working on a stimulus
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[Article Updated on March 11, 2021] The ongoing public health crisis related to the COVID-19 pandemic has created continued uncertainty regarding the lasting impact to the global economy. As countries each dealt with the virus independently, each were leaning on each other to find a solution of some sort. One year after COVID-19 started to
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