As we monitor and adapt to this ongoing crisis, the Smith Hulsey & Busey team is continuing to work diligently (and remotely!) in order to stand with our clients as we always have.
We’re doing our best to provide clients with the resources and counsel they need to navigate the unknowns as best as possible. That includes providing helpful analysis of new guidelines and legislation that is affecting nearly every company and every industry.
Congress recently passed the CARES Act, which includes $2 trillion in coronavirus relief as well as other policies to aid Americans and businesses across the country.
This new legislation has critical implications for employers and healthcare providers, so our team has assembled a resource summarizing some of the key changes you need to know, including:
- Paycheck protection provisions
- Tax credit issues and deferral of payroll tax payments
- Changes to labor provisions such as sick leave and unemployment insurance
- Provisions in the legislation specific to healthcare providers