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SBA and Treasury Announce PPP Re-Opening

Eligible businesses may apply for a Second Draw PPP loan The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will […]

CALIFORNIA MINIMUM WAGE INCREASES FOR 2021

Effective January 01, 2021, the following minimum hourly wages will be in effect for the State of California: Employers with 26 or more employees: $14.00 Employers with 25 or fewer employees: $13.00 Included below are City minimum wage increases: Belmont: $15.90 Burlingame: $15.00 Cupertino: $15.65 Daly City: $15.00 El Cerrito: $15.61 Half Moon Bay: $15.00 […]

SB 1447: Small Business Hiring Tax Credit for California Employers

On December 1, 2020, the California Department of Tax and Fee Administration (CDTFA) will begin accepting applications for tentative small business hiring credit reservation amounts through an online reservation system. Qualified small business employers must apply with the CDTFA for a credit reservation. The credit reservations will be allocated to qualified small business employers on […]

Sexual Harassment Training deadline to all employees is January 1, 2021

California legislation (SB 1343) enacted in 2018 requires employers with at least five employees to provide sexual harassment training every two years to all employees. The training must be at least 1-hour for non-supervisory employees and at least 2-hours for supervisory employees. Employers must provide sexual harassment training to all employees under the law by […]

July 2020 California Minimum Wage Increases

Effective July 01, 2020, the following minimum hourly wages will be in effect for the Cities and Counties listed below: Alameda: $15.00 Berkeley: $16.07 Emeryville: $16.84 Fremont: $13.50 for small businesses (25 or fewer employees) Fremont: $15.00 for large businesses (26+ employees) Los Angeles City: $14.25 for small businesses (25 or fewer employees) Lost Angeles […]

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