Families First Coronavirus Response Act (FFCRA)

As you may have heard, the President signed into law last week the Families First Coronavirus Response Act (FFCRA).  Some of the primary provisions of the Act are for emergency paid sick leave for employers with fewer than 500 employees, emergency family medical leave and expansion of unemployment benefits.  Please visit via the links below additional information about these as well as other provisions.  As we receive further authoritative guidance, we will be sharing it with you as it becomes available.

Should you have any questions specific to your individual or business situation(s), please contact your BKHM professional.

Please try to stay safe and healthy.

http://www.dol.gov/newsroom/releases/osec/osec20200320

https://www.natlawreview.com/article/senate-passes-families-first-coronavirus-response-act-what-employers-need-to-know

https://www.accountingtoday.com/news/coronavirus-relief-law-includes-tax-breaks-for-paid-sick-leave-family-leave-sick-leave

https://www.journalofaccountancy.com/news/2020/mar/coronavirus-relief-bill-tax-credits-for-employers-23225.html

This communication is intended to provide general information on legislative COVID-19 relief measures as of the date of this communication and may reference information from reputable sources. Although our firm has made every reasonable effort to ensure that the information provided is accurate, we make no warranties, expressed or implied, on the information provided. As legislative efforts are still ongoing, we expect that there may be additional guidance and clarification from regulators that may modify some of the provisions in this communication. Some of those modifications may be significant. As such, be aware that this is not a comprehensive analysis of the subject matter covered and is not intended to provide specific recommendations to you or your business with respect to the matters addressed.

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