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The Coronavirus Aid, Relief and Economic Security (CARES) Act: An employer’s guide

Insperity

The Coronavirus Aid, Relief and Economic Security (CARES) Act is the $2 trillion federal stimulus package you’ve heard about in the media. Known more commonly as the CARES Act , the legislation was signed into law on March 27, 2020, and went into effect immediately. About the CARES Act. Paycheck Protection Program.

Payroll 95
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COVID-19 Resources: FFCRA & CARES Acts

PeopleStrategy

In the past two weeks, two major pieces of legislation have been passed in response to the COVID-19 pandemic: the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security Act (CARES). FFCRA Provisions that Impact Payroll Taxes.

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The increased need for HR risk management tools

PeopleStrategy

Also, according to Human Resource Executive, it’s similarly unwise to make changes to benefits packages , unless adding new benefits services that can assist employees and their families through this difficult time. Paycheck Protection Program (PPP): If applying for a loan through this program , 75% of it must go to payroll.