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Posts tagged Coronavirus
Last Minute Revisions to Guidance for Paycheck Protection Loans

The Treasury Department and the Small Business Administration finally issued Interim Final Rules (IFR) on April 2nd hours before the loan program was to begin.  On several key issues, the IFR establishes positions that are DIFFERENT from those stated in the Fact Sheet that Treasury issued on March 31st. Here are the key points you need to know.

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New "MUST CONSIDER" Factors for Employers Regarding Emergency Leave and the CARES Act

The Department of Labor (DOL) issued additional guidance at the end of last week, and a new law, known as the Coronavirus Aid and Relief for Economic Stimulus (CARES) Act was signed into law on Friday afternoon.  These new developments provide additional considerations as small businesses seek to make the optimal calls on their personnel and financial decisions.

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New Paid Emergency Leaves for COVID-19 Related Situations

Last week, Congress passed the final version of the Families First Coronavirus Response Act (FFRCA), which created two new forms of leave based on conditions related to the COVID-19 pandemic: (1) Emergency Paid Sick Leave (EPSL) and (2) leave under the Emergency Family Medical Leave Expansion Act (EFMLEA) (sometimes also called Public Health Emergency Leave (PHEL)).

Here are some highlights of the new leaves provided by the FFRCA

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