$2 Trillion Stimulus: CARES Act
Passed by Congress on March 27, 2020, the CARES Act is a positive step forward to provide economic relief to individuals and businesses facing hardship or economic ruin due to this crisis. The law includes expanded unemployment insurance, the Paycheck Protection Program, and Recovery Rebate for taxpayers.
Employee Retention Tax Credits for Businesses Impacted by Coronavirus
April 04, 2020
The CARES Act creates an employee retention tax credit, which is designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19. This Compliance Bulletin provides an overview of the tax credit.
​
In the Know: CARES Act - Small Business Loan Overview
April 04, 2020
Among other provisions, the Coronavirus Aid, Relief and Economic Security (CARES) Act provides businesses suffering under the debilitating effects of the coronavirus pandemic with unprecedented access to emergency loans. This document will serve as an overview of the loan programs available.
Coronavirus (COVID-19): Small Business Guidance & Loans
April 04, 2020
This document serves as an overview of the Small Business Administration's resources that provide small businesses with working capital loans that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
CARES Act Expands Health Coverage Rules
March 28, 2020
On March 27, 2020, the U.S. Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide $2.2 trillion in federal funding to address the coronavirus crisis. The new law also includes several provisions affecting health plan coverage. This Legal Update summarizes the coverage changes.
$2 Trillion Coronavirus Relief Bill Signed Into Law
March 28, 2020
On Friday, March 27, 2020—after days of debate—the president approved a $2 trillion economic rescue package designed to provide financial assistance to Americans and their families, and billions of dollars in loans for businesses. The package is the largest fiscal stimulus in modern U.S. history and is the government’s most recent response to coronavirus disease 2019 (COVID-19).
Coronavirus Stimulus Direct Payments Employee FAQ
March 27, 2020
The $2 trillion stimulus bill intended to help offset the financial burdens created by coronavirus disease 2019 (COVID-19) is now law. The package will send direct payments to Americans. This article contains answers to questions employees may have about those payments. It will be updated when more specifics are released. Download and pass along directly to your team!
â—„
1 / 1
â–º