COVID-19 Changes Are Coming: What California Employers Can Expect – Q&A | Insights gtlaw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gtlaw.com Daily Mail and Mail on Sunday newspapers.
On May 28, 2021, the Equal Employment Opportunity Commission (EEOC) updated its guidance concerning the application of EEO laws to pandemic-related employment policies.
On May 24, New Jersey Gov. Murphy issued executive order (EO) No. 242, a sweeping EO that lifts significant COVID-19 restrictions and adopts other measures in a two-phased approach aimed at reopening the state – some restrictions to lift May 28 and others June 4.
OSHA Tells Employers to Follow CDC Mask Guidance | Insights gtlaw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gtlaw.com Daily Mail and Mail on Sunday newspapers.
Share
The Coronavirus Disease 2019 (COVID-19) stimulus package signed into law by President Trump on Dec. 27 contains significant enhancements to the employee retention tax credit enacted under the CARES Act. The credit initially provided a 50% tax credit, which is refundable and easily monetized, for companies that continue paying their employees, even though the business might be closed due to a COVID-19 lockdown, or suffering a significant decline in gross receipts due to loss of business. This GT Alert provides highlights of the changes.
Period of Credit Availability
Original Law: For qualified wages paid after March 12, 2020, and before Jan. 1, 2021.
New Law: For qualified wages paid after March 12, 2020, and before July 1, 2021, extending availability of the credit to the first two quarters of 2021.