Leave-Sharing: Support for Employees in Crisis Time
IRS Ruling Creates Potential Win-Win for Employees Many companies have established leave-sharing plans, which allow employees to donate accrued leave time for use by others in the company. In general, the employee who donates the time will report that paid time off (PTO) as taxable compensation on their W-2. However,
Dealing with the Driver Shortage: Transportation & Logistics Strategies
When consumers go shopping, they expect to walk into a store and leave with whatever was on their shopping list. That might not be today’s normal as the coronavirus continues to batter the economy, but the means by which goods transport from point A to point B hasn’t changed. Neither
Community Outreach Day Nominations are Open!
The 10th annual Community Outreach Day is open for nominations! In a year filled with upheaval and uncertainty, non-profits in our communities need more support than ever before. This year, Barnes Dennig will once again close our doors and dedicate a full day of time, energy, and resources to help
PPP Guidance Released June 22: Apply for Loan Forgiveness Early
PPP loan recipients can apply for loan forgiveness before their 24-week covered period ends, according to the Small Business Administration (SBA) and US Treasury Interim Final guidance issued Monday, June 22, 2020. This guidance follows the Paycheck Protection Program (PPP) Flexibility Act (Flexibility Act) of 2020 which was signed into
How Technology is Changing the way Transportation and Logistics Companies Operate
Recent advances in technology have accelerated the way that business are evolving at an unprecedented rate. The dawn of 5G and advances in communications technology have sped up expectations on both the business and consumer ends of business: Companies like Amazon have completely overturned decades-old business models and core competencies
Small Businesses May Get Second Bite at the PPP Apple
A new bill, the Prioritized Paycheck Protection Program (P4) Act, was introduced in the Senate on June 18, and if it becomes law, it will allow certain small businesses to apply for a second Paycheck Protection Program loan (PPP). The PPP – which offers loans that can amount to as