Coronavirus
This act that requires certain employers to provide employees with paid sick leave or expanded family and medical leave for specified reasons related to COVID-19.
What is the Families First Coronavirus Response Act
This type of program rhymes with BBB, ironically its not the Better Business Bureau, but can you name it.
What is the Paycheck Protection Program.
This is the amount of employees an employer must have to qualify and apply for the Paycheck Protection Program.
What is 500 or fewer employees.
This is the name of the department who enforces the new law’s paid leave requirements.
What is the Department of Labor
I'm in a pandemic, so I can apply for these loans from these dates and portions will be forgivable.
What is February 15, 2020 through June 30, 2020.
This was the date employers could apply for the Paycheck Protection Program. It's also the same day as Eddie Murphy's birthday.
What is April 3, 2020.
This is the date that these provisions will expire.
What is December 31, 2020
The CARES Act makes unemployment benefits available to...
What is independent contractors and sole proprietors.
These types of businesses are also eligible for the Paycheck Protection Program.
What are non-profits.
I been quarantined so I should be paid this.
What is Two weeks (up to 80 hours) of paid sick leave at the employee’s regular rate.
Many Americans will see these in the mail or in their direct deposit thanks to the CARES Act.
What is the $1200 rebate check.
This loan could be forgivable up to this PERCENTAGE amount as long as employers maintain specified employment and wage levels.
What is 100%.
I need to care for my kids, so I should be paid this.
Two weeks (up to 80 hours) of paid sick leave at two-thirds the employee’s regular rate of pay.
ADP makes it convenient for its clients to access these two reports on WFN to help apply for the CARES Act SBA Loans.
What is the 2020 CARES SBA HEADCOUNT & 2020 CARES SBA MONTHLY PAYROLL COST.
This is a broad based refundable tax credit designed to encourage employers to keep employees on their payroll. If I receive this, I am not eligible for the Paycheck Protection Program.
What is the Employee Retention Credit.