COVID-19 Resource Center

Scenarios & Benefits Snapshot

The Pennsylvania Department of Labor and Industry Office of Unemployment Compensation created a one-page infographic highlighting the scenarios and resources available for business owners and individuals.

Small Business Administration’s FAQs (including what to do if a laid-off employee refuses to return to work).

We are continuing to closely monitor this situation and will keep you informed as more details become available. If you have any questions, please contact us.

Tips recently shared with our clients, that you may also benefit from:

For Individuals

On March 30, 2020, the Treasury Department and the Internal Revenue Service (IRS) announced that the distribution of economic impact payments (a.k.a. Stimulus Checks) will begin in the next three weeks and will be distributed automatically, with no action required for most people.

However, some seniors and others who typically do not file returns will need to submit a simple tax return to receive the stimulus payment.

The IRS has created a “Get My Payment” application, which allow individuals to do the following:

  • Check your payment status
  • Confirm your payment type
  • Enter your bank account information for direct deposit if the Service doesn’t have it and they haven’t sent your payment yet.

Use the Stimulus Check Calculator to estimate your check amount. View this page for the commonly-asked questions and answers provided by the IRS.

State Filing Tax Deadlines

Pennsylvania, Delaware, and New Jersey have each extended their 2019 State Tax filing deadline to July 15, 2020. More on state tax filing deadlines.

Paycheck Protection Program

The Paycheck Protection Program (PPP) provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. Learn more…

PA Industrial Development Authority Loans

The PA Industrial Development Authority has approved a $61 Million loan program. The Chester County Economic Development Council is now accepting applications to a COVID-19 Working Capital Access Program.

This program is designed to supply working capital to businesses negatively impacted by the COVID-19 pandemic. Even if you’re not in Chester County, reach out to them to find out who to should contact. To learn more, visit the Chester County Economic Development Council website.  

ADP Coronavirus (COVID-19) FAQ

Automatic Data Processing, Inc., commonly known as ADP, has provided a robust resource (52 pages) for Workplace Policies & Legislative Changes.

The ADP Coronavirus (COVID-19) FAQ was designed to help you navigate the challenges you and your workforce are facing. This resource includes general information about COVID-19, important workplace policies, employee health and safety measures, legislative changes, and more.

CARES Act and Small Business Loans

Our friends at Fox Rothschild have put some information together regarding the CARES Act and Small Business Administration Loans that they gave us permission to share with our business clients. 

The Coronavirus Aid, Relief and Economic Security Act (CARES Act) provides financial support for small businesses and targeted sectors of the economy, along with direct cash payments to many Americans and enhanced resources for medical support.

Federal Filing Deadline

The due date for filing Federal income tax returns and Federal income tax payments otherwise due on April 15, 2020, is extended to July 15, 2020, as a result of the ongoing Coronavirus (COVID-19) emergency. A taxpayer does not have to be sick, quarantined, or have any other impact from COVID-19 to qualify. Keep reading…

Families First Coronavirus Response Act (Act)

The Families First Coronavirus Response Act (Act) provides paid sick leave and expands family and medical leave for COVID-19 related reasons and creates the refundable paid sick leave credit and the paid childcare leave credit for eligible employers. Learn more…

Paid Leave

The Act provides that employees of eligible employers can receive two weeks (up to 80 hours) of paid sick leave at 100% of the employee’s pay where the employee is unable to work because the employee is quarantined, and/or experiencing COVID-19 symptoms, and seeking a medical diagnosis. Keep reading…

Paid Sick Leave Credit

For an employee who is unable to work because of Coronavirus quarantine or self-quarantine or has Coronavirus symptoms and is seeking a medical diagnosis, eligible employers may receive a refundable sick leave credit for sick leave at the employee’s regular rate of pay, up to $511 per day and $5,110 in the aggregate, for a total of 10 days. Keep reading…

Child Care Leave Credit

In addition to the sick leave credit, for an employee who is unable to work because of a need to care for a child whose school or childcare facility is closed or whose childcare provider is unavailable due to the Coronavirus, eligible employers may receive refundable childcare leave credit. Keep reading…

Payment for the Cost of Providing Leave

When employers pay their employees, they are required to withhold from their employees’ paychecks federal income taxes and the employees’ share of Social Security and Medicare taxes. The employers then are required to deposit these federal taxes, along with their share of Social Security and Medicare taxes, with the IRS and file quarterly payroll tax returns (Form 941 series) with the IRS. Keep reading…

Contributions to IRAs and HSAs

The extension of the filing deadline also extends the deadline for making contributions to individual retirement accounts (IRAs), as well as a health savings account (HSA) and Archer medical savings accounts (MSAs). Keep reading…

Midyear Enrollment and Election Changes for Health Plans and FSAs

On May 12, the IRS released two notices allowing employees during 2020 to make changes to their enrollments in employer-sponsored health plans and to adjust pretax contributions to health flexible spending accounts (health FSAs) and dependent care flexible spending accounts (dependent care FSAs). These changes, which apply only to plan year 2020, had been advocated by the Society for Human Resource Management (SHRM). Learn more…

Small Business Exemption

Small businesses with fewer than 50 employees will be eligible for an exemption from the leave requirements relating to school closings or childcare unavailability where the requirements would jeopardize the ability of the business to continue. The exemption will be available on the basis of simple and clear criteria that make it available in circumstances involving jeopardy to the viability of an employer’s business as a going concern. The U.S. Department of Labor (Labor) will provide emergency guidance and rulemaking to clearly articulate this standard.

Non-Enforcement Period

The U.S. Department of Labor will also be issuing a temporary non-enforcement policy that provides a period of time for employers to come into compliance with the Act. Under this policy, Labor will not bring an enforcement action against any employer for violations of the Act so long as the employer has acted reasonably and in good faith to comply with the Act. Labor will instead focus on compliance assistance during the 30-day period.

Work-From-Home Tips

Success as a remote worker begins with developing a few simple rules that will allow you to be engaged and intentional about your work and will create a positive experience. View the list of 10 tips.

Avoid Becoming a Scam Victim

Unfortunately, when times get tough, people will look to take advantage when they can. Here are ten tips to help you avoid becoming a scam victim. View the tips…

Additional resources you may find helpful:

Please call our office for more information about these credits and other relief. We are here to help you navigate these difficult times.