COVID 19 RESOURCE CENTER

   

CARES ACT
On Friday, March 27, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. https://www.acf.hhs.gov/coronavirus/acf-covid-19-stimulus

CARES ACT (Section by Section): https://www.help.senate.gov/imo/media/doc/CARES%20Section-by-Section%20FINAL.PDF

Internal Revenue Services :Employee Retention Credit under the CARES Act
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted on March 27, 2020, is designed to encourage Eligible Employers to keep employees on their payroll, despite experiencing economic hardship related to COVID-19, with an employee retention tax credit (Employee Retention Credit). Information can be found here https://www.irs.gov/newsroom/faqs-employee-retention-credit-under-the-cares-act.

The U.S. Department of Labor will be issuing implementing regulations. Additionally, as warranted, the Department will continue to provide compliance assistance to employers and employees on their responsibilities and rights under the FFCRA. Visit https://www.dol.gov/agencies/whd/pandemic/ffcra-questions for US Department of Labor Families First Coronavirus Response Act: Questions and Answers