U.S. Department Of Labor Announces New Paid Sick Leave And Expanded Family and Medical Leave Implementation

Families First Coronavirus Response Act Helps Americans Overcome COVID-19 Workplace Challenges WASHINGTON, DC – The U.S. Department of Labor today announced new action regarding how American workers and employers will benefit from the protections and relief offered by the Emergency Paid Sick Leave Act and Emergency Family and Medical Leave Expansion Act, both part of

Small Business Loans

Further Details on the Paycheck Protection Program under the CARES Act On March 27, 2020, President Trump signed the “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act), the third such legislation to address the impact of COVID-19 on workers and businesses. Program overview. The CARES Act (Sec. 1102) amends 15 USC 636 which authorizes the

Third COVID-19 Bill Passes

House Passes Third COVID-19 Relief Bill with Payroll-Related Provisions On March 27, 2020, the House passed the “Coronavirus Aid, Relief, and Economic Security Act” ( CARES Act, H.R. 748 ) by a voice vote. On March 25, 2020, the Senate passed the bill by unanimous vote. The President has indicated he will sign the bill.

Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave

OPA-FINAL_20-512-NAT_WHD_FFCRA Guidance IRS News Release – IR-2020-57 IR-2020-57, March 20, 2020 WASHINGTON — Today the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for

COVID-19 Updates

Senate Passes Updated Version of House Coronavirus Bill On March 16, 2020, the House passed, by unanimous consent, an updated version of the coronavirus (COVID-19) relief bill that it originally passed on March 14. The original bill, H.R. 6201, the Families First Coronavirus Response Act (the Act), provides: a) paid leave benefits to employees; b)

IRS Creates Dedicated Coronavirus Website

The IRS has created a new website, irs.gov/coronavirus, that the IRS says is “focused on steps to help taxpayers, businesses and others affected by the coronavirus” (COVID-19). As of the time we went to press, this page only contains references to IR 2020-54, 3/11/2020, and Notice 2020-15, 2020-14 IRB (see IRS Eliminates Barriers to Coronavirus Testing