Ascentis has assembled a set of resources to help businesses better understand the legislative updates during the COVID-19 outbreak. We vow to do our best to help you stay informed, provide you and your employees with the resources you need, and continue supporting each other where we need it most.
Legislative Update Webinars
Employee Wellbeing and Engagement in the Age of COVID-19
On Demand: The Families First Coronavirus Response Act of 2020: Keys to Compliance
On Demand: COVID-19 Legislative Updates: CARES Act
On Demand: The FFCRA at 15 (Days Old): DOL Guidance You Should Know
On Demand: Deep Dive: Preparing Your Paycheck Protection Program Loan Application
Legislative Update Blog Posts
FFCRA Webinar Q&A: Your Questions from Our FFCRA, and Subsequent DOL Guidance Webinars, Answered!
Paycheck Protection Program Loans: The Key Facts
What HR Should Know about the Coronavirus Aid, Relief and Economic Security (CARES) Act
FFCRA Employer Tax Credits: The Facts for HR and Payroll Professionals
The Families First Coronavirus Response Act Became the Law: Do You Know How You’ll Support It?
What Employers Need to Know About the Coronavirus
DOL Issues Further Guidance, Q&As on Compliance with Families First Coronavirus Response Act
AICPA-Led Coalition Support for Small Business Funding
Ascentis is proud to partner with a coalition of industry leaders, led by the AICPA, advocating for support and solutions for small business funding as a result of COVID-19 and its economic impacts. The coalition will continue to provide guidance and insight to help small businesses and will get information into your hands as quickly as possible. Here’s some of the latest info from the coalition:
PPP Loan Forgiveness Calculator
AICPA Applauds Additional Clarity in Treasure FAQ on Paycheck Protection Program
PPP Payroll Calculators for Loan Application (see bottom of page)
AICPA Recommends Lender Documents and Key Calculations to Use in PPP Applications
Paycheck Protection Program Loans: Frequently Asked Questions (as of April 7, 2020)
AICPA Coalition Recommends PPP Applicants Use Gross Payroll Approach in Calculations
AICPA-Led Coalition Support for Small Business Funding
AICPA Loan Forgiveness Calculator for Paycheck Protection Program
Other Helpful Articles
IRS Guidance: COVID-19-Related Tax Credits for Required Paid Leave Provided by Small and Midsize Businesses FAQs
Protect the Privacy of Employees with Coronavirus
Health, Wellness and Leave Benefits Help Employees with Coronavirus
Reviewing Plans and Policies for Coronavirus
When working from home isn’t an option, these resources can help workers avoid coronavirus
https://www.hrtechnologist.com/interviews/recruitment-onboarding/hire-talent-post-coronavirus-pandemic/
How Ascentis Can Help
Ascentis supports its clients with three main parts of the Families First Coronavirus Response Act (FFCRA):
1. Paid sick leave: Ascentis provides you the ability to customize pay codes so that your organization can track the different types of leave that is associated with COVID-19.
2. FMLA: Our products currently support the ability to create the expanded FMLA benefits associated with COVID-19 cases.
3. Employer Payroll Tax Credits: We have been in contact with our partners and the IRS with regard to these changes. At this time we are awaiting regulations from the IRS on how to implement the law. Ascentis payroll will then diligently work on developing a solution for our payroll clients that will address the changes related to the employer payroll tax credits associated with these new leave types.
If you would like to learn more about how Ascentis can help your organization, contact us today to learn more.
