Keiter Webinar: Employer Payroll and Tax Relief Provisions of FFCRA and CARES Act

Keiter Webinar: Employer Payroll and Tax Relief Provisions of FFCRA and CARES Act

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Our team is closely monitoring the developments of the COVID-19 pandemic and are working to keep you informed of the implications to you and your business. We have dedicated teams and resources to focus on all aspects of the CARES Act so that we can provide you with meaningful guidance and concise information. 

If you have questions about how these changes impact your unique individual or business tax situation, please contact your Keiter advisor. We are here to listen and provide sound advice.

What are the Employer Payroll and Tax Relief Provisions of FFCRA and CARES Act?

Over the past two weeks, Congress has passed two major pieces of legislation that will affect the vast majority of employers – The Families First Coronavirus Response Act (FFCRA) and the CARES Act. Marian Kiernan and Jim Chinn, tax managers, share what your business needs to know regarding the payroll and tax relief provisions of these acts which are intended to ease the cost of compliance with the expanded leave provisions.

Talking points include:

  • Review of paid leave requirements in FFCRA
  • FFCRA Employer Tax Credits
  • CARES Act Provisions – Employee Retention Credits and Payroll Tax Deferral

This webinar was recorded from a live event on April 3, 2020

Disclaimer:  This presentation has been prepared for general guidance and informational purposes only based on the date published. The FFCRA and CARES Act are continually releasing new guidance that may change the information provided within this presentation. © 2020 Keiter, All Rights Reserved.

Additional Resources:

COVID-19 Business Resource Library

About the Authors

Marian Kiernan - Virginia CPA

Marian has over seven years of experience in public accounting. She applies her experience to provide insights and identify opportunities for closely-held businesses in the real estate, technology, and manufacturing industries.

Jim Chinn CPA - S Corporation Tax

Jim Chinn has over 10 years of public accounting experience and provides tax consulting and compliance services to privately owned businesses and individuals. His expertise is in flow-through entities with a concentration on S-Corporation taxation and the impact on its owners.

The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.


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