GUEST POST By Ronald Adler, President-CEO, Laurdan Associates, Inc. www.laurdan.com The CARES Act imposes important new requirements on the Federal-State Unemployment Insurance Program. Background The Federal-State UI Program provides monetary benefits to individuals who have lost their jobs through no fault of their own. Under the Program, states are allowed to determine monetary and non-monetary qualifications… More
Month: March 2020
Did You Known… … that Maryland residents can travel to and from an Essential Business in order to conduct a real estate settlement
GUEST POST As you may know, the outbreak of COVID-19 has resulted in the issuance of several Executive Orders by Governor Hogan. Today, Governor Hogan issued a stay-at-home order (Executive Order 20-03-30-01) that requires, among other things, Non-Essential Businesses to remain closed to the general public and Maryland residents to stay in their homes or… More
Insurance Coverage Review and Analysis in the age of COVID-19
GUEST POST The COVID-19 outbreak has caused immediate interruption in normal business operations in every state and across the world. It would be prudent to review all of your insurance policies to determine if there is coverage for your losses. Insurance carriers typically tie a business interruption loss to physical damage to your principal place… More
Sweeping Tax Relief Provisions included in the CARES Act (Business Provisions)
GUEST POST: In an effort to help businesses and individuals weather the economic storm created by the coronavirus shutdowns, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which Congress passed and the President signed on March 27, included many provisions easing restrictions imposed by the Internal Revenue Code. Key Changes relating to businesses are highlighted… More
Additional DOL Guidance- Families First Coronavirus Response Act
In support of its ongoing effort to facilitate understanding of and compliance with the recently enacted Families First Coronavirus Response Act (FFCRA), the U.S. Department of Labor (DOL) has recently issued an exhaustive set of Questions and Answers to provide compliance assistance to employers and employees with respect to their responsibilities and rights under the… More
How the CARES Act Impacts most Employers
Last Friday, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) became law and the latest—and by far the biggest—legislative response to the novel coronavirus (“COVID-19”) outbreak. The CARES Act will infuse more than $2 trillion into the U.S. economy. Importantly, the CARES Act includes numerous measures directed toward employers of all sizes, such… More
Using Withheld Payroll Taxes To Pay For COVID-19 Employee Paid Leave
Please note that this alert reflects information that was current as of March 22, 2020. On March 18, 2020, the Families First Coronavirus Response Act (the “Act”) was signed into law, providing paid family leave and sick leave for employees affected by the Coronavirus. We previously covered the upcoming obligations of employers to provide paid family and sick leave… More
EEOC Releases Updated Guidance Regarding What Employers Should Know about the ADA, the Rehabilitation Act and COVID-19
Last week, the Equal Employment Opportunity Commission (“EEOC”) released updated guidance entitled “What You Should Know About the ADA, the Rehabilitation Act, and COVID-19.” The updated guidance provides answers to employers’ frequently asked questions regarding compliance with the Americans with Disabilities Act and the Rehabilitation Act during the COVID-19 outbreak. The following are some of… More
Coronavirus- What to do with your Employees
Coronavirus (COVID-19) has us all scrambling with work, with family, and with our sanity. We all know the news changes daily (as do the closures and emergency legislation), but we have put together guidance on some common questions we’ve been hearing from clients. Please treat this as a general resource only—these decisions are often fact-specific… More