May 11, 2020
Now that more companies have received Paycheck Protection Program (PPP) funds, we’ve been getting a steady stream of questions on how to maximize loan forgiveness. As of today, the interim final rule on PPP forgiveness has not been issued. So important details on...
Apr 22, 2020
On Tuesday April 21st, the Senate passed a $484 billion bill which provides additional funding to the Paycheck Protection Program. The House is widely expected to pass the bill by Thursday. Loan approvals could commence on Friday. The Paycheck Protection Program was...
Apr 21, 2020
Both the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief and Economic Security (CARES) Act made significant temporary changes to unemployment insurance benefits.Unemployment insurance benefits are administered by state agencies in...
Apr 3, 2020
FFCRA UpdatesThere were several key developments on April 1, 2020 in regard to the Families First Coronavirus Response Act (FFCRA). The Department of Labor (DOL) issued much anticipated regulations which provide critical guidance on how employers should administer the...
Mar 30, 2020
On Friday March 27th, the House passed, and the President signed the Coronavirus Aid, Relief and Economic Security (CARES) Act. In addition to direct support for individuals, this massive relief bill includes a number of provisions which will be significant to nearly...
Mar 25, 2020
The U.S. Department of Labor (DOL) released a model notice on their website today which also includes fact sheets, Q&A, and a field assistance bulletin. It provides information on common issues employers and employees face when responding to COVID-19, and its...
Mar 22, 2020
The U.S. Treasury Department, Internal Revenue Service, and the U.S. Department of 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,...
Mar 20, 2020
We are seeing an unprecedented situation that is constantly evolving and want to keep you updated. To further keep you up to date, we are sponsoring a webinar on Monday, March 23rd to discuss HR 6021 and other coronavirus related employment concerns. Our first session...
Mar 19, 2020
On Wednesday March 18th, the President signed the Families First Coronavirus Response Act (HR 6201). We previously wrote about this bill on Monday March 16th and the final version is broadly similar. The bill is set to go into effect within 15 days of enactment.The...
Mar 16, 2020
Late Friday evening, the House of Representative passed HR 6201, the Families First Coronavirus Response Act by a vote of 363 to 40. The text of the bill was negotiated with the Trump Administration and the President has signaled his support for the bill. Although the...
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