COVID-19 NEWS
Family First Coronavirus Response Act
On March 18th, 2020, legislation was signed, requiring employers to provide up to two (2) weeks of emergency paid sick leave, and provide as many as ten (10) weeks of emergency paid family and medical leave, to eligible employees. This applies to employers with fewer than 500 employees. Click on the link below to see an overview of:
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The Emergency Paid Sick Leave Act (EPSLA)
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The Emergency Family and Medical Leave Expansion Act (EFMLEA)
Important Tax ReLIEF Information
On Friday, March 20th, US Treasury Secretary, Steven Mnuchin, announced the U.S. tax filing deadline will be moved from April 15th to July 15th. We are currently waiting further guidance from the IRS on this new tax deadline date and will provide additional information once received.
For more details, click on the link from the IRS: https://www.irs.gov/newsroom/tax-day-now-july-15-treasury-irs-extend-filing-deadline-and-federal-tax-payments-regardless-of-amount-owed
News & Announcements
Articles & Sources
CARES ACT
President Trump has signed legislation to infuse the U.S. economy with roughly $2 trillion in financial relief during the coronavirus (COVID-19) pandemic. This is welcome news for people and businesses that have suffered losses in recent weeks. Click here to see the highlights of financial relief provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.