• 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

• Pandemic

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

• Regulatory Updates

(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

• Regulatory Updates

(From NBOA) On Monday, December 21, 2020, the U.S. Senate and House of Representatives passed a new COVID-19 relief bill that that includes a new round of Payroll Protection Program loans (PPP2). These loans will be avai

(from EdSource) Late on Monday, December 21, Congress approved a $900 billion COVID relief bill. The package includes $82 billion for education. Of that, $54 billion will go to pre-K-12 schools — about quadruple the $13.

• Pandemic

• Regulatory Updates

(From the National Law Review) On December 16, 2020, the Equal Employment Opportunity Commission (EEOC) issued its first direct guidance for employers regarding COVID-19 vaccines approved or authorized by the FDA. These

(From Lockton) Following the FDA’s decision to issue an emergency use authorization for Pfizer’s COVID-19 vaccine, Pfizer has shipped estimated 2.9 million vaccine doses for delivery to the first distribution sites aroun

(From The Washington Post) The Supreme Court on Thursday turned down a request from a Christian school in Kentucky and the state’s attorney general to allow in-person classes at faith-based schools, stressing that most s

(from the New York Times) Roughly 40-50% of Americans say they will not get a coronavirus vaccine when it first becomes available to them. Businesses can play a role in public health by requiring vaccination of employees

(From Inside Higher Ed) The number of private high school graduates will likely increase over the next 10 years, according to a recent report from the Western Interstate Commission for Higher Education that was released

(from EdSurge) While the news of rapid vaccine development and approval is encouraging, it remains to be seen how they will impact schools and when. A four-phase vaccine allocation proposal by the National Academy of Sci

(from Venable) On December 9, 2020, the Small Business Administration (SBA) published FAQ Number 53, addressing why certain borrowers will receive Paycheck Protection Program (PPP) Loan Necessity Questionnaires. The SBA