The BenefitWorks remains available, and ready to assist our clients during this challenging time. We do hope you are staying well!
As always, we will share updates on legislation, compliance, and helpful resources for you and your employees. Here is the latest:
IRS Issues Guidance on Tax Credits for Coronavirus (COVID-19) Paid Leave
SBA Economic Injury Disaster Loans Now Available in Wisconsin
- Wisconsin small businesses and private non-profits are now eligible for SBA’s Economic Injury Disaster Loans.
- Loans are available for up to $2 million.
These loans can provide working capital to meet the needs of payroll, accounts payable, and fixed debt payments until the situation improves
Interest rates are 3.75% for small businesses and 2.75% for non-profits
Apply online at SBA.gov/disaster
Agency Guidance on Existing Workplace Laws
This webinar recording provides agency guidance on existing workplace laws in relation to COVID-19. As you’ll see in the slide presentation, Important Updates on Coronavirus and the Workplace, this topic starts on slide 35 and goes over OSHA, Workers Compensation, FMLA, HIPPA, the federal WARN Act, and more. It is important that employers are familiar with how these laws come into play today.
Cyber Criminals Seeking to Capitalize on Coronavirus
Wisconsin Safer at Home Order
Today Wisconsin’s Governor Evers announced a Safer at Home order which goes into effect at 8am on Wednesday, March 25th. You can view the official order here.
As always, please let The BenefitWorks know how we can assist you and your business.