Through workshare programs, employees are able to earn wages and unemployment benefits (including the $600 weekly federal payout through the CARES Act). Employers traditionally used these programs to reduce hours in lieu of a layoff.
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On April 23, 2020, Illinois Governor J.B. Pritzker announced that Illinois’ Stay-at-Home Order will be extended through the end of May 2020, with certain changes effective May 1, 2020.
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Tax Implications of Employees Teleworking During The COVID-19 Crisis
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Immigration Update During Pandemic: Visa Sanctions, Extensions of Nonimmigrant Status, and Visa Premium Processing
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State income tax deadlines have been extended to July 15 following the automatic federal extension.
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A Paycheck Protection Program (PPP) is created with a $350 Billion funding. This program will provide small businesses and other entities with loans up to $10 million.
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