On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) became law. We have already provided a summary of the provisions of the CARES Act relating to expanded small business loan...more
4/6/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
Legitimate Business Interest ,
Net Operating Losses ,
Relief Measures ,
Retirement Plan ,
Tax Credits ,
Tax Deductions ,
Tax Deferral ,
Tax Relief
On March 25th, the Senate passed the bill entitled, the “Coronavirus Aid, Relief and Economic Security Act” (the “CARES Act”). This legislation is now before the House of Representatives. The CARES Act is intended to infuse...more
The IRS and DOL recently issued joint guidance enabling small and midsize employers to begin taking advantage of two new refundable payroll tax credits which are designed to immediately and fully reimburse them,...more
3/27/2020
/ Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Employee Benefits ,
Employer Group Health Plans ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
IRS ,
New Guidance ,
Paid Sick Leave Act ,
Payroll Taxes ,
Popular ,
Reimbursements ,
Relief Measures ,
Retirement Plan ,
Sick Leave ,
Small Business ,
State of Emergency ,
Tax Credits