The Relief for Workers Affected By Coronavirus Act
March 29, 2020
The federal Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), was signed by President Donald Trump on March 27, 2020. The following summary focuses on a portion of that new law, specifically Title II Subtitle A (Relief for Workers Affected by Coronavirus Act (the “Relief Act”)) of the CARES Act, which provides unemployment benefits for certain individuals impacted by COVID-19. The Relief Act drastically alters the unemployment benefits landscape, by both significantly liberalizing the eligibility requirements for individuals to obtain unemployment benefits and by increasing the amount of unemployment benefits for those who are eligible.
Keeping American Workers Paid and Employed Act
March 29, 2020
On March 27, 2020, President Trump signed into law the third piece of the Coronavirus relief package known as the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). The CARES Act contains far-reaching types of assistance including the widely publicized payments to individuals, assistance for hospitals and nonprofit organizations, specific loans and grants to airlines, significant changes to unemployment assistance programs, and a panoply of relief for small and large businesses. This update summarizes the Paycheck Protection Program provisions of Title I (Keeping American Workers Paid and Employed Act) of the CARES Act.
Federal Tax Update and the Coronavirus
March 23, 2020
Congress and the Trump Administration have offered significant tax relief to Americans: April 15 tax returns and payments have been postponed and employers have new tax credits they can utilize immediately to recover the cost of Coronavirus-related leave. However, prompt action must be taken by employers to ensure full use of the credits. Please find the full text of our update on COVID-19 related tax relief here.
The Families First Coronavirus Response Act
March 22, 2020
The federal Families First Coronavirus Response Act, P.L. 116-127 (“FFCRA”), was signed by President Donald Trump on March 18, 2020. The following questions and answers are aimed at providing guidance on the labor/employment sections of that new law. Please read the full text for understand how this Act will impact you and your business.
Ten Steps For Employers To Consider During the Coronavirus Outbreak
March 11, 2020
Employers are asking what measures should be implemented in response to the Coronavirus – COVID-19 outbreak. Some are even questioning if they need a separate Coronavirus policy for their employees. Consider instead utilizing the employment laws and established Human Resources tools already in place, and supplementing with additional policies applicable to this crisis and future health care crises, only as needed.
SkarlatosZonarich Remains Ready to Meet Your Legal Needs
March 19, 2020
We at SkarlatosZonarich want to provide you, our clients and friends, with an update on SkarlatosZonarich’s ongoing efforts to assist while also protecting your health and safety and that of our employees during the COVID-19 pandemic.
The COVID-19 pandemic is a significant global public health crisis that is causing unprecedented disruptions and volatility in markets and business operations around the world. We, like you, appreciate the speed at which the situation has and will continue to develop and the anxiety it raises.
During this global crisis, many of us have had to make changes to our normal routines because of circumstances beyond our control. As a firm, SkarlatosZonarich has had systems in place for years to allow us to serve our clients whether we are working in or out of the office. Those systems will allow us to continue to address your ongoing needs during this crisis. We want to assure you that we will remain fully engaged, ready and able to address your legal needs in this time of uncertainty.
Our thoughts and prayers are with everyone affected by Coronavirus and those on the front lines helping to battle the virus. Please know that we are here and stand ready to support you. Meanwhile, we wish you and your family good health.