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Thank you Brett. Agreed

And Paola! Great instructions

are there any changes for employers with less than 50 employees?

Where do you get the summary of rights in a electronic format

Do local governments qualify for the payroll tax credit to reimburse for keeping staff on the payroll?

Are employees need only be employed 30 days to qualify for the FFCRA, am I correct in understanding this is the case?

@Betsy - It's available now on the DOL site

Who should we email for that template for tracking payments?

@vivian - this would apply for the E-FMLA portion of the FFCRA

Are furloughed employees eligible for the sick leave or extended FMLA?

Thank you Claudia

dkobak@dbllp.com can be point person. we have many written protocols for all CARES benefits, tax credit worksheets, SBA.gov and SBA 7A loan info etc.

https://www.help.senate.gov/imo/media/doc/CARES%20Section-by-Section%20FINAL.PDF

https://www.dol.gov/sites/dolgov/files/WHD/posters/FFCRA_Poster_WH1422_Federal.pdf

the link above is pdf of the details

Brett - Are there any changes for employers with less than 50 employees?

let's say we are in a quarantine area and we qualify for FFRCA, does this event take precedent over say a staff that needs to take care a children?

https://www.dol.gov/agencies/whd/pandemic/ffcra-questions

is this on the agenda? “Paycheck Protection Program”, part of the CARES ACT. Thank you

Would it be considered legal in the current situation for employers to reduce the wages of an exempt employee?

For employees separated prior to 4/1, can we bring back some, but not all?

you could reduce exempt salaries as long as their salaries remain above the $35k threshold

you can bring someone back prior to 4/1 and have them eligible for benefits under FFCRA

Must be brought back by 4/1?

cold or flu would not qualify under #6 (unless a doctor believes they could have cover)

no they could be brought back after 4/1 and still receive benefit

For employers less than 50, do we have to follow FFCRA?

under 50 yes unless you can get an exmeption from the DOL

Brett, can we reduce exempt employees salaries in a manner that is proportionate to a salary reduction? If so, do we likely need to keep these employees above the 30-hour threshold to retain medical insurance benefits?

What is being offered in the care act

yes to joel. and most carriers will allow you to keep your employees insured in the current crisis regardless of hours but you should check with your broker/carrier

if employee hours are cut, but they're still working, can they still get unemployment and the new $600 unemployment supplement

If management is paid via 1099 and/or guaranteed payments will that be eligible for the payroll reimbursement

unemployment is possible with significant pay reduction

If 1099, generally not eligible for unemployment but the employee could give it a shot

@Brett Schneider. What if we don't have more than 50 employees, but still want to offer paid sick time, does that mean we aren't eligible for reimbursement? Thank you!

guaranteed payments to partners are subject to self employment taxes so they can try - equivalent to salary for an LLC or partnership structure

is cares loan same as sba 7a?

so guaranteed payments will be eligible for the small business loan that will convert to grant

what exactly can these loans cover?

There was an error in the first version of the poster released on 3/25. When is the new version expected to be out?

so guaranteed payments, in addition to payroll, will be eligible for the small business loans that will convert to grant?

if employee is furloughed is loan eligible for forgiveness

just employer side

If furloughed prior to April 1 then none of this applies. Correct?

Earlier regulations stated that the first 10 days of leave may be unpaid. I do not see this in the most recent revision. Assuming that this provision has been removed?

the first 10 days are covered under Emergency Sick Leave

If furloughed prior to April 1 then none of this applies. Correct?

Brett?

Does anyone have a template like Brett mentioned regarding EE having their physician certify their medical condition and reason for leave?

What if you already have an existing SBA 7a loan? How does that affect the ability to access a CARE loan for payroll and utilities? Also must lenders refinance an existing SBA 7a loan for a new emergency SBA loan that does not include a personal guarantee and has a lower rate and longer term?

On CARES or SBA loans, if salaries over $100K not eligible, does that mean entire salary or just up to $100K?

Will payments to 1099 contractors and guaranteed payments be eligible for reimbursement under the CARE loan?

calculation of benefits includes “up to” $100k

My reading is that comp up to $100k (prorated) is eligible/covered

Brett, please repeat about benefits paid prior to 4/1 - severance pay before 4/1 not reimbursable??

We are a healthcare company. Can you define who is classified and eligible for benefits under FFCRA and who are healthcare providers that are not eligible?

we have few companies and each one has less than 500 employees, and each company files its own tax returns, but the companies are with the same owners. if adding all companies' number of employees, it would be more than 500. Are we qualified for this?

What is the portion of the health insurance expenses that will be reimbursed? Employee paid? Employer paid?

I have an employee that has already taken 12 weeks of FMLA leave this year, are they eligible for an additional 12 weeks of FMLA leave to stay home their children?

Can a company apply for more than 1 SBA loan at one time and the bridge loan?

yes, however each loan would have to cover diff expenses. you can do the SBA.gov direct request and do the 7A through your bank.

How can we claim credits where we have a relationship with PEO?

How about cutting the 401k match as the 1st action of cutting benefit?

What did he say about reducing those over $100K?

For employee over $100k, is there forgiveness up to 100K or that person is excluded?

There are implications to cutting/reducing 401k matches. The CARES Act doesn’t address that. There may be subsequent legislative relief, but nothing has been formally proposed, yet.

What rules do we use to determine if a company has less than 50 employees if it’s a member of a larger group of affiliates?

Please confirm that the loan forgiveness only applies to the SBA7A loan. Not the other type of SBA emergency loan

attribution will apply, Mark, for related party companies with common ownership.

Many of my EEs are commissioned, wages vary each month. How do we accurately calculate paid sick leave for them?

Some under 50 EE's, employers are forcing employees to come to work that can work from home but they're denying it, yet the owners are. They are telling them if they do and don't come to office, they lose their job. Can they do this?

use “average” labor cost over TTM - last twelve months

What if you have a preexisting SBA 7a loan? How does that affect eligibility for a CARE or EIDL?

From stevenmelzer to Everyone: (11:53 AM)
For employee over $100k, is there forgiveness up to 100K or that person is excluded?

Yes please the $100K clarification

will you be providing the recording of this session?

How do you apply for the care loan-online thru SBA or directly through your bank?

Thank you, very helpful!

Very helpful

thank you!

Thank you

Thank you!

Thank you for your time.

Thank you!

Thank you!

Thank you!

Thank you!

Thank you!

Great job today. Thank you

thank you!

Thank you

thank you

thx!