Borrowers may now apply for forgiveness for their Short Term Forgivable Loans as part of the program offered to support businesses experiencing continued working capital shortfalls as a result of the COVID-19 pandemic. Borrowers may apply for forgiveness anytime up until 12 months from the day they received their loan, as long as they meet […]
Economic Recovery Bridge Program Set to Close June 15
The Economic Recovery Bridge Program (click here), a pandemic relief grant that opened in 2021 for businesses that suffered a tax loss owing to COVID-19, will sunset as of June 15. At that time, the application portal will no longer be accessible to new or returning users. Those who wish to complete active applications currently in […]
Economic Development Bill Passes Legislature, Includes Aid and Incentives for Employers and Employees
The final conference report for S.11, which became the latest and last vehicle for attaching a wide range of economic development and other provisions that have evolved over this session, has passed the Legislature and is awaiting the Governor’s action. It includes a number of provisions intended to help certain employers and employees. Unfortunately it […]
Vermont Employer Webinar Thursday and Resources for COVID Mandates and UI; Other COVID Related Workplace Issues
ACCD, Vermont Department of Labor, and other agencies have provided the following events and resources addressing key workplace issues. Employers are encouraged to review the following and if possible participate in the webinar set for this Thursday, January 6. Vermont Employer Webinar January 6: COVID Vaccine Mandates and UI The Vermont Department of Labor […]
Vermont Employers Encouraged by ACCD to Adopt COVID Measures, Will Hold Webinar December 20
The Agency of Commerce and Community Development issued a memorandum December 16 encouraging Vermont employers to take steps to help promote vaccination, masking, and testing to help mitigate threats and consequences of COVID in a time of holiday gatherings, new variant threats, and importance of boosters as initial vaccination efficacy declines. The memorandum outlines several […]
OSHA ETS Requiring Employee Vaccination or Testing Released; VOSHA Requirements for Vermont Employers Pending
As you might know, OSHA today released its long-awaited Emergency Temporary Standard addressing mandatory employee vaccination or testing for companies with 100 or more employees company wide. It will be officially published tomorrow. As a state with delegated OSHA authority, specifically through VOSHA, Vermont will have 30 days to adopt rules determined to be at […]
Federal Vaccine and Testing Requirements Announced; Survey for Covered and Other Employers in Vermont
Yesterday’s announcement that the federal government will be implementing vaccination and testing requirements for companies with 100 or more employees, among other measures, not only poses imminent compliance and related issues for covered employers but also highlights issues and questions for all employers regarding vaccination, masking, and other COVID policies. We are currently awaiting next […]
All EIDLS Deferred Until 2022
The Small Business Administration reminds all Economic Injury Disaster Loan borrowers the agency extended deferment period for all disaster loans, including COVID-19 EIDLs, until 2022. All SBA disaster loans made in calendar year 2020, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 24-months from the date of the note. […]
Updated Guidance and Resources from the IRS
Tax relief for employer leave-based donation programs that aid victims of the COVID-19 pandemic The IRS extended the tax relief provided in Notice 2020-46 for calendar year 2021 for employers whose employees forgo sick, vacation or personal leave because of the COVID-19 pandemic. Click here for more. Avoid these errors when requesting advance payments of […]
Upcoming Vaccination Clinics and Related Information
If you are interested in communicating with employees about upcoming vaccination opportunities and related information and resources, you can click here to find information about pop up and standing options and more.