NEW YORK, April 9, 2020 /PRNewswire/ -- Experts at Wolters Kluwer Legal & Regulatory U.S. have launched two new digital resources to help employers and employees navigate the federal government's recently enacted COVID-19 relief efforts, the Families First Coronavirus Response Act and the Coronavirus Aid, Relief, and Economic Security Act.
The Families First Coronavirus Response Act (FFCRA), which went into effect on April 1, is intended to offset the economic and health impacts of COVID-19. Wolters Kluwer's new FFCRA briefing breaks down topics including who is covered, when employers must provide paid or unpaid leave, how the payroll credits for paid leave and sick time apply, and how the legislation impacts unemployment insurance.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law just nine days after the FFCRA, provides $2 trillion of tax and spending relief and is the largest stimulus bill in U.S. history. In this special CARES briefing, Wolters Kluwer's experts analyze the highly publicized recovery rebates for individual taxpayers and explain the additional relief for unemployment insurance programs under the Act. The briefing also breaks down how the CARES Act and the FFCRA impact the emergency paid family leave and paid sick leave provisions.
"Wolters Kluwer created these resources to provide comprehensive analysis and offer practical insights into these significant new laws, both of which have wide-ranging impacts on businesses across the United States," said Pamela Wolf, J.D., Legal Analyst at Wolters Kluwer Legal & Regulatory U.S. "In the coming days and weeks, it will become increasingly important for employers and employees to understand the criteria set by the FFCRA and CARES Act so they can prepare for the next phase of this pandemic."
The new digital briefings cover several key topics that are impacted by both laws, including:
- COVID-19 testing coverage.
- Who is entitled to paid and unpaid leave.
- Payroll relief through payroll tax credits.
- The expansion of unemployment insurance and unemployment benefits.
To download each briefing, visit:
CARES Act: https://hr.cch.com/eld/ELD_Briefing_CARES-Act_04-03-2020_final_locked.pdf
To see Wolters Kluwer's free Coronavirus Resources & Tools page, visit:
For More Information
To speak to a Wolters Kluwer labor and employment law expert for additional detail on COVID-19 legislation, please contact us at email@example.com
About Wolters Kluwer Legal & Regulatory U.S.
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.
Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,000 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer Legal & Regulatory U.S.
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SOURCE Wolters Kluwer Legal & Regulatory U.S.