By Vanessa Lystad On August 3, 2020, a federal court in New York ruled that four parts of the Families First Coronavirus Response Act (“FFCRA”) regulations were invalid because they overstepped the U.S. Department of Labor’s (“DOL”) authority in promulgating the regulations. In response to this ruling, the DOL issued new regulations, which were published…

Notice 2020-21, recently released by the IRS, provides that tax credits for qualified sick leave wages and extended family leave wages required to be paid by the Families First Coronavirus Response Act (“Act”) will apply to wages paid for the period beginning on April 1, 2020, and ending on December 31, 2020. There has been…

Federal CARES Act Key Provisions On March 27, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act.   The bill is a whopping 335 pages in its official print version and provides $2 trillion in stimulus benefits with many provisions aimed at supporting small business, encouraging employee retention, providing direct relief to individuals and…