State Minimum Wage Increases Taking Effect July 1, 2020
A handful of states across the country and some major cities will increase their minimum wage rates effective July 1, 2020. Below is a summary of the states and some cities that will be impacted [...]
Flexibility Act Modifies PPP Loan Terms for Borrowers
Congress passed the Paycheck Protection Program Flexibility Act of 2020, (“PPP Flexibility Act”) on June 5, 2020, to give employers more flexibility relating to the forgiveness of loans under the Paycheck Protection Program (“PPP”). Fundamental [...]
Workers’ Comp Pay-As-You-Go: Cash Relief for Employers During COVID-19
In most states, workers’ compensation insurance is required by law. This type of coverage protects your employees from the lost wages and medical costs of job-related accidents or illnesses, and protects your business from legal [...]
How to Create a PTO Donation Policy
Organizations with employees interested in donating or transferring their sick time to colleagues should be aware of specific stipulations surrounding leave donation programs. A program like this allows employees to donate accrued paid time off [...]
COVID-19 and the Economic Injury Disaster Loan
Designed to assist businesses affected by declared disasters, the Economic Injury Disaster Loan (EIDL) has been around for years. It is distinct from the new loan programs created for small businesses to lessen the negative [...]
Paycheck Protection Program and Payroll Tax Deferral in the CARES Act
On March 27, 2020, the president signed the Coronavirus Aid, Relief, and Economic Security Act, known as the CARES Act, in response to the COVID-19 outbreak. The law provides funding for a number of programs [...]
FFCRA Tax Credit
Signed into law on March 18, 2020, the Families First Coronavirus Response Act (FFCRA) includes requirements for employers with fewer than 500 employees to provide emergency paid sick time and medical leave related to COVID-19. [...]
DHS Grants Flexibility for I-9 Requirements During COVID-19 Pandemic
On March 20, 2020, the Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement announced that it would lessen its restrictions by deferring the physical presence requirements associated with the I-9 document for [...]
Families First Coronavirus Response Act
On March 18, the Families First Coronavirus Response Act (FFCRA) was signed into law. It includes several measures to mitigate the effects of the COVID-19 outbreak, including a paid sick leave requirement and expansion of [...]
IRS Concludes No Statute of Limitations for ACA Penalties
The Internal Revenue Service (IRS) recently released a memo eliminating the statute of limitations for penalties imposed by an employer’s failure to offer medical coverage to full-time employees under the Affordable Care Act (ACA). This [...]
