COVID-19 Update August 12, 2020

During our Federal Affairs Committee call for NAPEO this afternoon, unsurprisingly, the majority of the conversation was centered on the recent executive orders issued by the President last weekend. It seems the most concerning issue is the ability for employees to defer the withholding of payroll taxes starting September 1st through the end of December. The…

COVID-19 Update August 11, 2020

The presidential executive orders released over the weekend to provide financial relief to those impacted by the COVID-19 pandemic have resulted in a lot more questions than answers. That said, here is the memo we sent out to our clients today about the employee social security tax deferment order, summarizing the key provisions of the…

COVID-19 Update August 10, 2020

Over this weekend, President Trump issued four new executive orders: one for renters and homeowners, one for unemployment payments, one for student loan debt relief, and one for employee payroll tax obligations. The main issue with the new unemployment payment is that of the additional $400 payment, the states are mandated to pay 25% of…

COVID-19 Update August 7, 2020

As it turns out, Congress was unable to fulfill its promise to pass legislation for the next round of stimulus before leaving on recess for the next four weeks. Meanwhile, Paycheck Protection Program (PPP) for small businesses expires this weekend, and $600 extra unemployment ended in July. While we wait for them to reconvene on…

COVID-19 Update August 5, 2020

Although Congress is due for a 4-week recess returning in September, both the house and the senate have stated that they will not break until this next round of stimulus bills have passed and signed into law. Protection for employers from COVID-19-related litigation is a major point of contention, with many Republicans supporting a liability…

COVID-19 Update August 4, 2020

Our team has been diligently working on new and innovative ways to help both the employer and employee deal with the complexities of COVID-19, and we are excited to announce that we will be rolling out new service offerings very soon! SHRM posted a few helpful articles on talent management today. First, by using work…

COVID-19 Update August 3, 2020

Welcome to steamy August 2020! Although we have come a long way since March, there is still so much uncertainty around this COVID-19 pandemic. For those of us who have been through Katrina, the adversity has taught us to take things one day at a time, staying vigilant and prioritizing safety. Remember to have faith,…

COVID-19 Update July 31, 2020

Wow, it’s hard to believe August is already here! The beginning of the year seemed to drag as we got through the initial part of the pandemic, but this summer has flown by. The IRS has released new rules about the recapture of excess employment tax credits under the Families First Coronavirus Response Act (FFCRA)…