Coronavirus Relief Bill Signed into Law and IRS Issues Guidance

On March 18, 2020, H.R. 6201, the Families First Coronavirus Response Act, was signed into law. The emergency relief package bill includes paid sick and family and medical leave-related provisions that will impact employers.

The U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (DOL) released a memo on March 20, 2020, with key takeaways and information for businesses on how the law will be implemented.

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