Posts
May 18 2020
Client Alert: Update to NYS Quarantine Leave, NYC Streamlines Process for Obtaining Mandatory Isolation Order
As we previously alerted you, on March 18, 2020 (here), New York enacted legislation providing paid leave to employees who are unable to work because the employee is subject to a mandatory or precautionary order of quarantine or isolation due to COVID-19 when that order is issued by the State of New York, New York Department of Health, a local board of health or any governmental entity duly authorized to issue a mandatory or precautionary order due to COVID-19 (“NY Quarantine Leave”).
Click here to read the alert.
May 06 2020
Client Alert: OSHA Guidance for Bars and Restaurants
On May 1, 2020, the Occupational Safety and Health Administration (“OSHA”) published a new safety alert for restaurant and food and beverage businesses. OSHA recommends that businesses offering takeout or curbside pickup during the COVID-19 pandemic and to implement other precautions.
Click here to read the alert.
April 13 2020
Client Alert: Deferral of Social Security Tax Payments Available for Employers Obtaining PPP Loans
The Coronavirus, Aid, Relief and Economic Security Act (CARES Act) permits all employers to defer the payment of their share of social security taxes during the period of March 27, 2020 through December 31, 2020. Last week the IRS released guidance in the form of FAQs on this topic.
Click here to read the alert.
April 09 2020
Client Alert: Families First Coronavirus Response Act Documentation & Recordkeeping Requirements
As previously reported in our Client Alert of March 30, Federal CARES Stimulus Relief Package Forgivable Loan Program & Business Tax Relief, the Families First Coronavirus Response Act (FFCRA) requires employers with fewer than 500 employees provide emergency paid sick leave and emergency paid FMLA leave for COVID-19 related reasons. Employers are eligible to recover the cost of such paid leave by claiming refundable tax credits.
Click here to read the alert.
April 07 2020
Client Alert: COVID-Related Furloughs and Retirement Plan Partial Terminations
Employers that provide a qualified requirement plan for their employees should be aware of the rules governing “partial terminations” if they are contemplating the termination or furloughing of employees in the present COVID-19 environment.
Click here to read the alert.
April 03 2020
Client Alert: EIDL & Advance Grant – Early Applicants Need to Reapply & Exhaustion of Credit is Not a Requirement
The U.S. Small Business Administration (“SBA”) confirmed that certain applicants for its Economic Injury Disaster Loans (“EIDL”) must reapply using a revamped website, which launched earlier this week.
Click here to read the alert.
April 02 2020
Client Alert: COVID-19/CARES- PPP Loan Application
The federal government recently released guidance and information on the Paycheck Protection Program (“PPP”), including a Loan Application, a Lenders Information Fact Sheet, and a Borrowers Information Fact Sheet.
Click here to read the alert.
March 30 2020
Client Alert: Clarifications on the Families First Coronavirus Response Act
The United States Department of Labor (USDOL) updated the Questions and Answers page providing further guidance on the Families First Coronavirus Response Act (FFCRA).
Click here to read the alert.