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
Please note: Congress did not extend the FFCRA’s leave provisions into 2021. However, the relief package extends the FFCRA tax credit, which reimburses employers for the cost of providing FFCRA leave, through March 31, 2021. [...]
DHS Grants Flexibility for I-9 Requirements During COVID-19 Pandemic
This HR News post was originally published on March 25, 2020. On July 18, the DHS extended remote document inspection for an additional 30 days. On August 18, DHS again extended the deadline for another 30 [...]
Families First Coronavirus Response Act
Please note: Congress did not extend the FFCRA’s leave provisions into 2021. However, the relief package extends the FFCRA tax credit, which reimburses employers for the cost of providing FFCRA leave, through March 31, 2021. [...]
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 [...]
Predictive Scheduling Laws
Eight states -- California, Connecticut, Hawaii, Illinois, Massachusetts, Michigan, New Jersey, and New York -- hope to pass predictive scheduling laws this year, joining the ranks of several other cities and two states with current [...]
