On August 8, 2020, President Trump issued a Presidential Memorandum allowing employees to have a tax “holiday” deferring the normal employee payroll tax withholding for social security (6.2% of wages) from September 1-December 31, 2020. This was designed to provide a much needed boost to employees in their take-home pay. Unfortunately, it comes with a

Many employers are busy worrying about declining revenue, stay-at-home government mandates, and keeping employees safe. Most have not considered the impact that changes imposed by the COVID-19 pandemic might have on their employee benefits.

Dependent care FSAs

Many employees experienced recent closures in their children’s schools and day cares. Employees that enrolled in dependent care

The Department of Labor (DOL) issued two guidance letters this past weekend clarifying the unemployment compensation expansion of the CARES Act, which was passed on March 27, 2020. The guidance letters direct state unemployment and workforce agencies to cover workers who normally do not qualify for unemployment compensation through the Pandemic Unemployment Assistance (PUA) program

UPDATED 4/3/20: Regulations were issued and, as of April 3, banks are accepting applications for loans. Funds will be issued through June 30 or until the money appropriated is exhausted.

Phase 3 of the coronavirus relief is expected to be passed and signed into law on Friday, March 27. It is titled the Coronavirus Aid,

The Ohio Department of Insurance issued a bulletin on March 20, 2020, Bulletin 2020-03. During the COVID-19 crisis and state of emergency, insurers must permit employers to continue covering employees who would otherwise become ineligible due to not being actively at work or due to a decrease in hours.

In addition, insurers must give