1 min read

Families First Response Act: Department of Labor Resources and FAQs

Families First Response Act: Department of Labor Resources and FAQs

March 24, 2020 - With the passage of the Families First Response Act, the Department of Labor (DOL) has been compiling frequently asked questions they've received from companies and individuals. These resources will continue to be updated as information changes or new information is received. Refer to these links and check back often for updates. 

Information located on the Department of Labor website includes, but is not limited to, the following: 
  • Eligibility requirements for both the Paid Sick and Emergency Leave Acts (Employer/Employee)
  • Upcoming guidance on how payroll tax credits will be handled and calculation guidance (with examples)
  • Small business exemption guidance
  • Unemployment scenarios that cross over both Paid Sick policies and Emergency Leave Acts

Links to valuable DOL information are located at the COVID-19  specific website on the DOL Website: 

https://www.dol.gov/agencies/whd/pandemic

Overall policies can be found here: 

https://www.dol.gov/agencies/whd/pandemic/ffcra-employer-paid-leave

FAQ:  (These will continue to be updated over the period of time prior to implementation)

https://www.dol.gov/agencies/whd/flsa/pandemic

https://www.dol.gov/agencies/whd/fmla/pandemic

Internal Revenue Service (IRS) guidance: 

https://www.irs.gov/newsroom/treasury-irs-and-labor-announce-plan-to-implement-coronavirus-related-paid-leave-for-workers-and-tax-credits-for-small-and-midsize-businesses-to-swiftly-recover-the-cost-of-providing-coronavirus

Please email familiesfirstact@redpathcpas.com if you need assistance with finding these resources or if you have general inquiries regarding the Families First Response Act.  For specific company guidance on employee relations situations, please consult with an employment legal resource.

COVID-19 CARES Act

Carve-Out Success: The Crucial Role of a Transition Services Agreement in M&A Transactions

Carve-Out Success: The Crucial Role of a Transition Services Agreement in M&A Transactions

If you are planning an M&A transaction that is a carve-out situation, you want to ensure a successful transition and business continuity. That is the...

Read More
New Minnesota Independent Contractor Law Imposes New Penalties

New Minnesota Independent Contractor Law Imposes New Penalties

Effective July 1, significant changes are being made to Minnesota’s independent contractor and employment laws. All employers, as well as their...

Read More
Quick Wins to Achieve More Rapid Accounting Period Closes

Quick Wins to Achieve More Rapid Accounting Period Closes

Achieving a rapid accounting close isn't just about administrative efficiency; it's a strategic necessity that enhances decision-making, financial...

Read More