The Families First Coronavirus Response Act (FFCRA or Act) requires certain employers to provide employees with expanded family and medical leave for specified reasons related to COVID-19. The Department of Labor’s (Department) Wage and Hour Division (WHD) administers and enforces the new law’s paid leave requirements. These provisions will apply from the effective date through December 31, 2020.
The United States Treasury, IRS and, Dept. of Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave.
As a result of the most recent $1.9 Trillion relief package, the IRS will be issuing child tax credits in the form of monthly payments, expected to begin in July of 2021.
Andrew Dengel Brings more than 15 years of experience in the financial services industry. Over the years, he has held nearly all positions in retail banking in branches over Southeast Wisconsin and beyond.
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12600 W Burleigh Rd.
Brookfield, Wisconsin 53005
