The Families First Coronavirus Response Act (FFCRA) that went into effective on April 1, 2020, provides employers with less than 500 employees refundable tax credits that reimburse them, dollar-for-dollar, for the cost of providing paid sick leave and extended family medical leave wages to their employees for leave related to…
The US Department of Labor (DOL) has issued its first official guidance for employers and employees about the Families First Coronavirus Response Act. The guidance does provide clarification on the effective date of the act. It was previously assumed that the implementation date was April 2, 2020, however, according…
UPDATED MARCH 24, 2020 On March 18, 2020, President Trump signed into law the Families First Coronavirus Response Act (H.R. 6201). Employers are required to implement this law on April 1st. The cost of these benefits is funded by the US Treasury through a tax credit discussed below. By April…
