Category

Coronavirus Updates

Jan 19, 2021
New Jersey started its COVID-19 vaccination program with the rollout of a Statewide Vaccine Scheduling System. This was aimed to be systematic way to provide a phased approach to vaccinations by categorizing and prioritizing individuals based on occupational and health risks. Individuals would answer a few questions and...
Jan 12, 2021
The Small Business Administration has just reopened the Paycheck Protection Program (PPP), making $284 billion available to new borrowers, as well as certain businesses that had previously received a PPP loan from the initial PPP allocation. The new funding was part of the Economic Aid to Hard-Hit Small...
Jan 07, 2021
New Jersey recently opened an online portal (https://covidvaccine.nj.gov/) to allow people to pre-register to receive the COVID-19 vaccine and announced a preliminary vaccination schedule. The portal asks individuals to enter some personal information, answer a few questions and select a job category from a list. The information provided...
Dec 30, 2020
Earlier this week, President Trump signed into law the $900 billion coronavirus relief bill that Congress passed on December 21. There are several items that are of particular interest to dealerships For instance, the bill clarifies that expenses paid for using Paycheck Protection Program (PPP) loan proceeds are tax...
Dec 23, 2020
After months of political posturing, the U.S. Senate and House of Representatives finally passed a $900 billion COVID-19 relief bill (The Consolidated Appropriations Act, 2021) providing $300 billion in aid for small businesses. NADA has provided a preliminary analysis of the bill focused on items  of most interest to...
Dec 07, 2020
Many states, including New Jersey, are imposing their own rules to protect workers from the coronavirus. Whether they are motivated by partisan politics or a legitimate concern about the lack of federal health and safety enforcement, employers are facing a whole new set of regulations that could serve as...
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