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Monday, March 15, 2021 On March 11, 2021, the American Rescue Plan Act of 2021 (the Rescue Plan ) was passed and signed into law. Employers should be aware of the key employment provisions of the Rescue Plan in managing their workforce and in evaluating and implementing their COVID-19 workplace policies and procedures. Extending and Expanding the Payroll Tax Credits for Leaves Voluntarily Provided Under the Family First Coronavirus Response Act ( FFCRA ) The FFCRA required public employers and private employers with fewer than 500 employees (with limited exceptions) to provide paid leave for qualifying reasons related to COVID-19. The FFCRA s sunset date was December 31, 2020, at which time the mandate to provide leave expired. Covered private employers who provided FFCRA leave were able to claim a tax credit for the payments made during the leave, subject to per diem and total caps. ....
What Employers Need To Know About The Recently Enacted American Rescue Plan Act | Miller Canfield jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Congressman Lou Correa (CA-46) voted to pass the American Rescue Act, a $1.9 trillion COVID-19 relief bill that provides immediate assistance to millions of American families. In addition to $1,400 cash stimulus payments, the American Rescue Act provides families with up to $300 a month in cash per child by expanding Child Tax Credit for 27 million children. It gives everyday workers up to $6,728 in tax breaks by expanding the Earned Income Tax Credit for 15 million workers. The legislation helps 40 million Americans by investing billions of dollars in housing, rental, and nutrition assistance. And it expands access to safe and reliable child care and affordable health care and extends unemployment insurance for 18 million families. ....
Of the stimulus and payroll tax credits. i think it depends on what part of the budgets you re looking at. you ve written about that before. i want to turn a little bit to another economic policy imperative for the president, immigration reform. i ve been wondering, are we going to be able to get immigration reform through the next term? actually, our loan luke russert asked john boehner just that. let s take a look. i ve been committed to it. i m stil committed to it. are you confident it will be done in 2014? i ve learned not to make a lot of predictions. luke russert on the case. one of the things that gives me some hope is john boehner s hired a new policy adviser. normally you d say, oh, he hired a new adviser, who cares? this person seems to matter in this conversation. rebecca talent comes from the bipartisan policy center s immigration task force. she was john mccain s chief of staff. she s worked on the hill in terms of immigration reform for a long time. she knows d ....