News & Analysis as of

New Legislation Payroll Taxes Coronavirus/COVID-19

Husch Blackwell LLP

Alabama Enacts 30-Day Exemption to Imposition of Individual Income Tax

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In the wake of the COVID-19 pandemic and increased remote work, multistate income tax and payroll tax withholding responsibilities have received heightened consideration nationwide. Employers keen on retaining and attracting...more

Fisher Phillips

Workplace Law Forecast 2024 - Your workplace law recap for 2023 and predictions for 2024 to help you prepare for the coming year.

Fisher Phillips on

When I reflect on the relationship that our firm has with our clients, I’m most proud of the fact that you can always count on us. That often means defending complex litigation, steering you through regulatory threats,...more

McDermott Will & Schulte

Employers Be Forewarned and Forearmed: Recent IRS Announcements Require Action on ERTC Claims

Promoters and tax advisors have extensively marketed the Employee Retention Tax Credit (ERTC) as a way for employers to reclaim Federal Insurance Contributions Act (FICA) payroll taxes paid during the first two years of the...more

Bodman

New COVID Relief Bill – expanded worker benefits; payroll tax changes

Bodman on

On December 27, 2020, President Trump signed the Consolidated Appropriations Act, 2021 (the “Act”). In addition to the 2021 appropriations and authorizations, this spending package includes $900 billion in emergency...more

Schwabe, Williamson & Wyatt PC

Consolidated Appropriations Act, 2021: Tax Update

On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act, 2021 (the “Act”). The Act, which includes the COVID-19-related Tax Relief Act of 2020 and the Taxpayer Certainty and Disaster Tax...more

Bowditch & Dewey

PPP Flexibility Act of 2020

Bowditch & Dewey on

On Friday June 5, President Trump signed into law the Paycheck Protection Flexibility Act which makes the following tweaks to the original terms of the Paycheck Protection Loan Program. EXTENSION OF THE COVERED PERIOD ...more

Sullivan & Worcester

Better Late Than Never? New Law Expands Loan Forgiveness Provisions of the Paycheck Protection Program and Provides Other...

Sullivan & Worcester on

On Friday, June 5, 2020, bipartisan legislation aimed at addressing many of the issues and difficulties that have arisen with respect to the loan forgiveness provisions of the Paycheck Protection Program (PPP) became law. The...more

Jackson Walker

Paycheck Protection Program Flexibility Act Of 2020 – Amendments Affording Greater Flexibility To PPP Borrowers

Jackson Walker on

The Acts - On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, providing emergency economic stimulus to small businesses and certain eligible recipients in response to the economic distress...more

McAfee & Taft

New law, SBA rule make substantial changes to PPP loan forgiveness

McAfee & Taft on

On May 22, 2020, the SBA released its Interim Final Rule on Paycheck Protection Program Loan Forgiveness (“IFR”). On June 5, 2020, the President signed the “Paycheck Protection Program Flexibility Act of 2020.” Both made...more

Foster Garvey PC

The Paycheck Protection Program Flexibility Act of 2020 Is Now Law

Foster Garvey PC on

As I previously reported, the Paycheck Protection Program Flexibility Act of 2020 (“PPPFA”) was jointly introduced in the U.S. House of Representatives (“House”) by Representative Chip Roy, a Republican from Texas and...more

Proskauer Rose LLP

Paycheck Protection Program – Where Are We Now? An Up-To-Date Guide to the Paycheck Protection Program (UPDATED)

Proskauer Rose LLP on

Originally published on April 14, 2020. Last updated as of June 5, 2020. Since the enactment of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, the U.S. Small Business...more

Troutman Pepper Locke

How to Navigate the After Effects of the U.S. Stimulus Packages

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Your company received stimulus funding, what do you need to know now? Join us for an update on the Paycheck Protection Program and other funding packages as well as a discussion of what you need to know to stay compliant and...more

Hogan Lovells

Payroll Tax Credits under the Families First Coronavirus Response Act

Hogan Lovells on

As discussed in prior blog posts, the Families First Coronavirus Response Act (“FFCRA” or the “Act”) will require covered employers to provide certain levels of paid emergency sick leave and paid Family and Medical Leave Act...more

Cranfill Sumner LLP

FAQs on Loans to Businesses Under the Economic Stimulus Bill: The CARES Act

Cranfill Sumner LLP on

Late Wednesday night, on March 25, 2020, the Senate passed the Coronavirus Aid, Relief, and Economic Security Act, or “CARES Act.” This legislation is designed to bring financial relief to individuals and businesses hurting...more

Williams Mullen

CARES Act - Congress’ Third COVID-19 Bill and What it Means for Employers

Williams Mullen on

The Senate has passed a third COVID-19 relief bill. The House is expected to pass the act on Friday, March 27, and the President has announced that he will sign it once passed by the House....more

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