CARES Act contains two payroll tax provisions to help employers

Opportunities to preserve some cash flow during the coronavirus health crisis are available through the CARES Act whether or not you received a loan through the Paycheck Protection Program. Employee Retention Credits. One of those provisions under the CARES Act allows eligible employers to qualify for a refundable credit against, generally, the employer’s portion of the […]

Coronavirus relief efforts create rich environment for fraud

Between economic impact payments, small business loans through the Paycheck Protection Program, emergency sick and leave requirements, and other coronavirus-related relief efforts, we are in a target-rich environment for fraud. Everything is moving very quickly, and individuals and business owners desperately need financial relief being offered by the government, banks, and employers. Fraudsters will take […]

A deeper dive into the Families First Coronavirus Response Act

More details have emerged about the Families First Coronavirus Response Act (FFCRA) and how employers need to file for credits related to paying qualified sick and family leave wages or qualified wages. As you know, the FFCRA requires businesses with fewer than 500 employees to provide emergency paid  sick and family leave for reasons related […]