(From Inside Higher Ed) In his first days in office, President Joe Biden moved to dismantle a slew of Trump-era regulations, making visas easier for international students easier to come by. By executive order, Biden end
(From NPR and NBOA) On his first full day in office, President Biden announced he would sign several executive actions to help schools reopen for classroom learning. That includes creating a clearinghouse of best practic
(from Journal of Accountancy) The IRS has issued guidance (Notice 2021-11) to address how employers who elected to defer certain employees’ payroll taxes can withhold and pay the deferred taxes throughout 2021 instead of
(from CUPA-HR) A worker classification rule finalized by the U.S. Department of Labor on January 6, 2021, allows employers to offer independent contractors benefits without triggering employment status. The rule allows e
Pandemic
Regulatory Updates
(from Journal of Accountancy) The U.S. Small Business Administration (SBA) and Treasury issued an 18-page document Tuesday detailing how Paycheck Protection Program (PPP) borrowers should calculate revenue reduction and
(from One Schoolhouse) Independent schools are considering a number of changes to their hiring practices and processes this year: in-person vs. online interviews; earlier conversations with faculty & staff around con
(from the New York Times) Initial reports about a new variant of COVID-19 were tinged with worry that children might be just as susceptible as adults, fueling speculation that schools might need to pre-emptively close. B
(from Howard Teibel) As we begin to catch a glimpse of life beyond the COVID-19 pandemic, with the delivery of effective vaccines, we should also consider how we will carry on the spirit of innovation and willingness to
Pandemic
Regulatory Updates
(from the Journal of Accountancy) The application window for Paycheck Protection Program (PPP) forgivable loans will open Friday for lenders with $1 billion or less in assets, the U.S. Small Business Administration and T
Pandemic
Regulatory Updates
(from Journal of Accountancy) The Paycheck Protection Program (PPP) will reopen Monday, January 11, 2021, for select lenders and borrowers, the U.S. Small Business Administration and Treasury announced Friday. The SBA an
(from Inside Higher Ed) College leaders on Thursday continued to strongly condemn the violence that the took place at the U.S. Capitol this week, adding to a growing chorus of criticism by presidents and provosts from ac
(from the Washington Post) While results are still preliminary and there is much to be learned, a new study shows the Pfizer-BioNTech vaccine works against a key mutation found in new, fast-spreading coronavirus variants
Pandemic
Regulatory Updates
(from multiple sources) The latest COVID relief bill, the Consolidated Appropriations Act, passed on Monday, December 21, outlined parameters for new borrowers of PPP loans and borrowers seeking to receive a second PPP l
(From Venable LLP) The U.S. Equal Employment Opportunity Commission (EEOC) has published new guidance aimed at helping employers, like independent schools, tackle the wave of issues that will arise once vaccinations beco
As we work to put calendar year 2020 into the past, one of many questions still lingers: should your school take advantage of COVID-19-Related Employee Retention Credits (ERC)? While each school must decide for itself, t
(From the Washington Post) Teachers should be among the essential workers next in line for a COVID-19 vaccine, an advisory panel for the Centers for Disease Control and Prevention recommended last week. But while some st
(From Robbins Schwartz) On December 27, 2020, the federal government authorized a new $900 billion stimulus package, the Consolidated Appropriations Act, to provide additional relief relative to the economic impact of th
(From Journal of Accountancy) The Internal Revenue Service has released the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business purposes. Beginning January
(From Schwartz Hannum) Over the past several months, a flurry of new employment laws have been enacted in California, ranging from Covid-19 legislation to revisions to worker classification laws, new reporting requiremen
