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Trump Signs Families First Coronavirus Response Act

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On March 18th, President Trump signed the Families First Coronavirus Response Act (the Act). Although most of the array of programs and funding do not directly affect employers, the Act does focus on two types of mandatory paid leave for employers and on tax credits intended to help employers pay for the mandatory paid leave.

As a member of the RSM US Alliance, LaPorte has access to lessons learned and best practices from RSM, a leading provider of audit, tax, and consulting services for the middle market. For additional details about the Families First Coronavirus Response Act, please visit this link on the RSM website.

As always, please reach out to your LaPorte tax professional to help determine how this affects your individual business situation.