Maeda Palius
on
March 19, 2020

KEEPING YOUR BUSINESS HEALTHY DURING THE COVID-19 CRISIS

We understand that everyone is moving through various stages of comprehension, concern and fear about the Covid-19 Virus. As your trusted business advisors we want to regularly provide you with valuable information, which is easily accessible and helpful in navigating these unprecedented times we are facing.

There is a lot of information circulating about how to protect yourselves and your families from contracting Covid-19. In addition, there is a wealth of information about keeping your business, and more importantly your employees, as financially sound as possible. At the end of the crisis, however long that may be, we all want to return to full-employment with the employees who are at the core of our work families.

For today’s valuable information source we want to refer you to the California Employment Development Department. On their site you will find a fact sheet which advises on when employees may file for disability, paid family leave and unemployment benefits during this crisis.

One item to pay special attention to is the Unemployment Benefits available for “partial unemployment.” If work slowdown forces you to reduce employees to less than their regularly schedule 40 hours per week, the EDD will fill in the gap with partial unemployment benefits.

Please click on the link below to learn more:

 https://www.edd.ca.gov/about_edd/coronavirus-2019/faqs.htm?te=1&nl=california-today&emc=edit_ca_20200316&campaign_id=49&instance_id=16786&segment_id=22275&user_id=b3ad8d7a01da4e049377e91e09077bff&regi_id=9024988720200316

Be on the lookout tomorrow for our letter regarding SBA Disaster Loans! In the near future, we will be addressing other important issues such as remote work process and procedures, etc. If there are other topics you would like us to address, please email [email protected].

Warmly,

Maeda Palius, Jason Janzen, Annika Jensen and the POJ Team

Related Posts

  • WHAT IS THE GOVERNMENT DOING ABOUT IRA & HSA PAYMENTS?

    The IRS has announced they will extend the due date for 2019 IRA and HSA payments until July 15, 2020.

  • California Sales Tax Whitepaper

    One Big Tax Issue for 2012 is Sales and Use Tax. You may be hearing about the state government’s severe actions on companies that have not been following their Sales and Use Tax responsibilities. Since everyone is desperate for money, Sales Tax Compliance and Collection is fast becoming the “low hanging fruit”.

  • 2012 Year-End Tax Planning For Businesses

    In recent years, end-of-the-year tax planning for businesses has been complicated by uncertainty over the future availability of many tax incentives. This year is no different. In 2010, Congress extended many business tax incentives for one or two years. Now, those incentives have expired or are scheduled to expire. Whether they will be extended beyond…