This is an update to our “Summary of CARES Act and FFCRA Tax Credit and Payroll Tax Relief” chart published on May 21, 2020, that summarizes the payroll and tax credit programs under the Coronavirus Aid, Relief, and Economic...more
7/15/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Relief Measures ,
Sick Leave ,
Sick Pay ,
Tax Credits ,
Tax Planning
Troutman Sanders and Pepper Hamilton are producing a series of podcasts to discuss employee benefits, executive compensation, and labor and employment issues that employers are confronting in light of the COVID-19 pandemic,...more
6/9/2020
/ Cafeteria Plans ,
CARES Act ,
COBRA ,
Coronavirus/COVID-19 ,
Deadlines ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Families First Coronavirus Response Act (FFCRA) ,
Flexible Spending Accounts ,
HDHP ,
Health and Welfare Plans ,
Health Insurance Portability and Accountability Act (HIPAA) ,
IRS ,
New Guidance ,
New Legislation ,
Student Loans ,
Telehealth
This chart is a high-level overview of the various payroll and tax credit programs under the CARES Act and FFCRA and does not include the eligibility and technical requirements of each program, which are highly complex....more
5/24/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
Federal Loans ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Popular ,
Relief Measures ,
SBA Lending Programs ,
Sick Leave ,
Sick Pay ,
Tax Credits ,
Tax Relief
In response to the COVID-19 crisis, many employers have been faced with the difficult task of taking short-term measures to preserve long-term viability. Measures taken include layoffs, furloughs, reduced work schedules, and...more
The payroll and tax credit programs under the Coronavirus Aid, Relief and Economic Security (CARES) Act and the Families First Coronavirus Response Act (FFCRA) involve highly complex eligibility and technical requirements....more
As most employers know, President Trump signed the Families First Coronavirus Response Act (FFCRA) on March 18. The Emergency Family and Medical Leave Act (EFMLA) portion of the FFCRA provides up to 12 weeks of partially paid...more
As most employers know, President Trump signed the Families First Coronavirus Response Act (FFCRA) on March 18. The Emergency Family and Medical Leave Expansion Act (EFMLEA) portion of the FFCRA provides up to 12 weeks of...more
3/27/2020
/ Coronavirus/COVID-19 ,
EFMLA ,
EPSLA ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
New Legislation ,
Relief Measures ,
Sick Leave ,
Sick Pay ,
Tax Credits ,
Trump Administration
It is hard to find a sector of the American workforce that has not been affected by the COVID-19 emergency. Employees are being asked to work from home if they are able, businesses are being forced to close, and employers are...more
3/20/2020
/ Affordable Care Act ,
Cafeteria Plans ,
Coronavirus/COVID-19 ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Families First Coronavirus Response Act (FFCRA) ,
Full-Time Employees ,
HDHPs ,
Health Insurance ,
Healthcare ,
HSA ,
Self-Insured Health Plans ,
Telemedicine ,
Temporary Employees ,
Testing Requirements ,
Virus Testing