Reminder NFA Members – New Self Exam Questionnaire Available

The National Futures Association (“NFA”) requires all its member firms, on an annual basis, to review their operations using NFA’s Self-Examination Questionnaire.  The document is designed to aid members in recognizing potential problem areas and to alert them to procedures…

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The PPP Loan – Update

The PPP program now allows borrowers the option of extending  the eight week period following the loan disbursement date during which forgivable expense could be incurred to twenty-four weeks.  In addition, the required payroll cost as a percentage of total…

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Payroll Tax Deferral – An Administrative Challenge

On August 8, 2020, President Trump signed an executive action in the form of a memorandum allowing employers the option to defer the withholding of Social Security payroll taxes (6.2% of wages) beginning September 1, 2020 for any employees earning…

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