COVID-19 Employee Benefits News

IRS outlines CARES Act changes to health care spending

IRS outlines changes to health care spending available under CARES Act IRS-2020-122, June 17, 2020 WASHINGTON — The Internal Revenue Service has advised that new rules under the CARES Act provide flexibility for health care spending that may be helpful in the current environment where more people may need at-home services due to measures to…

Read More

Business Downsizing During the Pandemic

Businesses: Think about Tomorrow when Downsizing Today Until recently, the number one concern for many employers was finding and retaining top talent. Today, to fight the novel coronavirus (COVID-19), many of those same companies are being forced to shed workers en masse. If you haven’t yet pared down your workforce or need to do some…

Read More

Families First Coronavirus Response Act

Families First Coronavirus Response Act, H.R. 6201 On March 14, the U.S. House of Representatives passed The Families First Coronavirus Response Act (Act), a bipartisan 110-page bill, and on March 18, 2020, the U.S. Senate passed the bill without further change. Hours later, President Trump signed the legislation into law. The Act provides a wide…

Read More

How to Manage COVID-19-Related Business Risks

How to Manage COVID-19-Related Business Risks The coronavirus (COVID-19) outbreak has had a crippling effect on the global economy. This is clearly uncharted territory. As millions around the globe do their best to minimize their exposure to the virus, business owners and managers face an uncertain and stressful future. Faced with faltering demand, anxious employees,…

Read More

Scroll Up