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IRS Guidance on Employee Retention Credit Requires Employers to Pay Back Advances in Full

Date:: December 9, 2021

The IRS issued Notice 2021-65 providing penalty relief to employers regarding the early repeal of the Employee Retention Credit, and guidance regarding the rules applicable to recovery startup businesses, for the fourth quarter of 2021.

Biden Infrastructure Law Ends Employee Retention Credit Early for Most Employers

Date:: November 18, 2021

Under the new infrastructure law, wages paid after September 30 are ineligible for the Employee Retention Credit. Employers also will receive no relief from potential penalties they may incur due to the early repeal of the credit.

DOL Relieves Employers by Providing COBRA Subsidy Model Notices

Date:: April 7, 2021

The US Department of Labor has provided employers with help regarding time-sensitive notice requirements related to the COBRA subsidies established by the American Rescue Plan Act.

COVID Relief Package: What Employers Need to Know

Date:: March 10, 2021

Congress has passed the sweeping $1.9 trillion COVID-19 relief bill and sent it to the White House for President Biden to sign.

Trump Signs Federal COVID-19 Relief Act

Date:: December 28, 2020

President Trump signed the COVID-19 relief bill, which includes $900 billion earmarked for COVID-19 aid. In addition to extending the availability of tax credits for employers that continue to provide leave under the terms established by the FFCRA, the bill contains a number of other takeaways for employers.

IRS Guidance Implementing Payroll Tax Deferral Raises Many Questions

Date:: August 31, 2020

The IRS has issued guidance on how to implement President Trump's payroll tax deferral Memorandum, but the guidance leaves employers with many unanswered questions.

President Trump Issues Payroll Tax Deferral Order

Date:: August 12, 2020

President Trump has issued an executive order for a payroll tax holiday to provide financial relief to employees affected by the COVID-19 crisis. However, many payroll experts are advising employers not to take action until further information is available.

Paycheck Protection Program Flexibility Act Eases PPP Loans Restrictions

Date:: June 5, 2020

President Donald Trump signed the Paycheck Protection Program Flexibility Act of 2020, which modifies provisions related to the forgiveness of loans to small employers under the PPP.

CARES Act Provides Relief to Distressed Employers and Workers Amid COVID-19 Crisis

Date:: March 31, 2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) aims to help employers keep workers on their payrolls, through tax credits and other measures, during the ongoing COVID-19 crisis.

IRS and DOL Announce Plan for Claiming Coronavirus Payroll Tax Credits by Small and Midsize Employers

Date:: March 27, 2020

The IRS and DOL announced that small and midsize employers will be able to begin claiming two new refundable payroll tax credits designed to immediately and fully reimburse the cost of providing COVID-19-related leave to their employees.

News

Payroll Categories

All Items: Payroll

IRS Guidance on Employee Retention Credit Requires Employers to Pay Back Advances in Full

Biden Infrastructure Law Ends Employee Retention Credit Early for Most Employers

DOL Relieves Employers by Providing COBRA Subsidy Model Notices

COVID Relief Package: What Employers Need to Know

Trump Signs Federal COVID-19 Relief Act

IRS Guidance Implementing Payroll Tax Deferral Raises Many Questions

President Trump Issues Payroll Tax Deferral Order

Paycheck Protection Program Flexibility Act Eases PPP Loans Restrictions

CARES Act Provides Relief to Distressed Employers and Workers Amid COVID-19 Crisis

IRS and DOL Announce Plan for Claiming Coronavirus Payroll Tax Credits by Small and Midsize Employers

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