Lexology April 5, 2021
The American Rescue Plan (ARP) provides $1.9 trillion dollars in economic stimulus for individuals, certain companies, and municipalities. This blog focuses specifically on what the ARP means for employers.
First Coronavirus Response Act (FFCRA)
As of January 1, 2021, employers who were originally covered under the FFCRA (employers with fewer than 500 employees) were no longer required to provide FFCRA emergency paid sick leave (EPSL) and emergency family medical leave (EFMLA) to covered employees. However, employers who voluntarily chose to continue providing those paid leave benefits could obtain tax credits associated in funding such leave. Employers who chose to discontinue paid leave under the FFCRA as of the December 31, 2020 cutoff date, however, meant that employees of that employer...
Today's Sponsors
Today's Sponsor