Since early March of 2020 the COVID-19 pandemic has changed our world and our everyday lives.  But with the US government working quickly to pass several levels of legislation hat impact employers across the country it is almost impossible for the payroll professional to keep up to date.  This webinar is designed to review several legislative actions to include.  On March 18, 2020, President Trump signed H.R. 6201 the Families First Coronavirus Response Act and on March 27, 2020 President Trump signed into law the H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act otherwise known as the CARES Act.  This Act had several portions that impacted employers and payroll department.

Since March 2020 several legislation has been extended or changed with several executive orders and now the American Rescue Plan Act of 2021. This webinar will give the participant the information on how these acts have function and where we are today. Detailed information on what employers need to know for tax credits and additional COVID Legislative issues.

Learning Objectives:

• Details around paid Sick and Family leave to include pay and tax credits
• Suspension of student loan garnishments
• Form I-9 flexibility
• Form 7200 and how does the employer properly use it for both 2020 and 2021.
• Unemployment changes and how it impacts the employer.
• Review of Employee Retention Credit and how the extensions have changed the requirements.

Area covered in this session:

• Paid Sick/Family Leave Legislation
• Emergency paid sick leave
• Required Notice
• Tax Credits
• DOL releases temporary regulations and how it affects employers
• Employer Retention Credit
• Where did we start and how to claim this credit now
• PPP Loans and how it impacts the tax credits
• Department of Education and student loan wage garnishments
• When to stop garnishments
• Should employers give refunds
• When does the garnishments start again
• How to communicate to employees
• I-9 Flexibility & E-verify modifications
• IRS 
• Form 7200 Advance Payment of Employer Credits Due to COVID-19
• How does the 7200 interact with the Form 941
• Unemployment Changes
  
• COBRA changes

Who Will Benefit:

• All Payroll Professionals
• Accounting Professionals
• Accountant
• Business Owner
• Director/manager