Signed into law on March 18th, 2020, and effective April 1st, 2020 until December 31, 2020, the Family First Coronavirus Response Act (FFCRA, H.R. 6201)[1] provides paid sick leave and expanded family and medical leave for reasons related to COVID-19. The Department of Labor’s Wage and Hour Division will enforce the new law’s requirements[2]. This […]
Please find these highlights regarding the CARES Act, Title I, provided by the National Society of Accountants (NSA): March 30, 2020CARES Act UpdateTitle I HighlightsCoronavirus Aid, Relief, and Economic Security Act President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act allocates $2.2 […]
As of Saturday March 21, 2020, the federal income tax filing due date has been extended to July 15, 2020, according to an announcement by the Treasury Department and IRS[1]. This follows a press conference held on March 17th, 2020 in response to the COVID-19 pandemic, where Treasury Secretary Steven Mnuchin stated that the deadline […]