03/31/2020 Though applications cannot be submitted until April 3, 2020, it is HIGHLY recommended that employers act now to complete the application and reach out to their financial institution to secure their spot in line for the loans available under the CARES Act. Just released, the application …
Economic Impact Payments: What you need to know
Economic Impact Payments: What you need to know Check irs.gov for the latest information: No action needed by most people at this time The Treasury Department and the Internal Revenue Service announced on Monday, March 30, 2020, that distribution of economic impact payments will begin in the next …
CARES Act Passage
The President recently signed legislation that includes important provisions to help you keep your employees on the payroll during the COVID-19 crisis. These benefits are potentially available to all employers and, in some cases, the federal government will cover many of the costs of continuing to …
When Your Employees Are Ordered to “Shelter In Place”
Illinois has become the latest state to enact a Shelter in Place order effective 3/21/20 at 5pm until 4/7/2020. As we continue to grapple with the impact of the COVID-19 pandemic, and with potentially more drastic measures being imposed by health officials, the question becomes what is the impact …
H.R. 6201 – The Families First Coronavirus Response Act
On March 18, 2020, the U.S. Senate Passed H.R. 6201, the Families First Coronavirus Response Act. This piece of legislation will extend additional assistance and protections to individuals and businesses affected by the COVID-19 crises. The President is expected to sign the bill later the same …