Those following our newsletter know that we advocate a team approach for ensuring a healthy business. Now more than ever business owners need their outside and inside team.
For this reason, we are happy to provide you with resources and updates regarding new legislation the effects on both businesses and individuals.
Should you have questions or need legal assistance during this time, please do not hesitate to contact the team at Loganzo & Mantell PLLC.
Small Business Disaster Relief
SBA Disaster Assistance in Response to the Coronavirus
Families First Coronavirus Response Act: Employer Paid Leave – Federal Department of Labor Rule clarifies Covid-19 related paid leave; small businesses with fewer than 50 employees may qualify for exemption from the requirement to provide leave due to school closings or child care unavailability if the leave requirements would jeopardize the viability of the business as a going concern.
CARES Act
Congress Reaches Agreement On A Coronavirus Relief Package: Tax Aspects Of The CARES Act
Health Law
The special enrollment period to get a healthcare plan on the state’s health exchange is extended to May. Uninsured New Yorkers can apply for coverage through NY State of Health or directly to insurers. If you lost employer coverage, you must apply within 60 days of losing that coverage. Because of a loss of income, New Yorkers may also be eligible for Medicaid, the Essential Plan, subsidized Qualified Health Plans or Child Health Plus.
