Mark Soelberg

On Friday afternoon, the U.S. House of Representatives passed the Senate version of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), and President Trump signed the legislation just a few hours later.

In addition to putting money directly in the pockets of many individuals, the CARES Act provides two new avenues for limiting your expenses. First, employers may defer their share of Social Security tax deposits (Internal Revenue Code section 3111(a)) that are due for the period beginning […]

A couple of timely issues to report. First, the effective date of the Families First Coronavirus Response Act “the Act” has been changed from April 2, 2020 to April 1, 2020. If you are considering making staffing changes prior to the Act taking effect, those should be made by March 31, 2020.

Second, our national association has hired the past director of the SBA to give guidance on the loan provisions that were included in the legislation addressing the covering of […]

As many of you know by now, on March 18, 2020, the Senate passed the Families First Coronavirus Response Act, (the “Act”), which was passed by the House last week. President Trump swiftly signed the legislation, which is effective on April 2, 2020. All public employers and private employers with under 500 employees are covered by the Act (the employee-count number is based on the total number of employees that you have, not that RMI has as your co-employer), which provides for […]

On an average day, employers are faced with multiple challenges that impact day-to-day operations, including, employee illnesses, unplanned absences, and workforce productivity. These typical challenges may be exacerbated now that cases of the 2019 novel coronavirus, or COVID-19, are in the United States. Despite this, the Centers for Disease Control and Prevention (CDC) has stated that the immediate health risk from COVID-19 to the general American public is considered low at this time.

Employers and employees alike are concerned about how […]