Client Alert


NEWS RELEASE


March 23, 2020

The U.S. Treasury Department, Internal Revenue Service and the U.S. Department of Labor announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees.  The News Release also answers or clarifies some questions regarding the Families First Coronavirus Response Act.  See link below:




If you need further assistance in this area, including its implementation or application to employers in Puerto Rico, please contact any of the following members of our firm:

Angel Berberena
787.759.4143
Howard Pravda
787.759.4101
Luis Antonetti 787.759-4111
Vicente Antonetti
787.759.4112
Romel Meléndez 787.759.4115
Luis Ortiz Abreu 787.759.4110
Gabriel Quintero 787.759.4130
Javier Vazquez 787.759.4113

                  

DisclaimerAlthough the information included in this document may concern legal issues, it is not a legal opinion or professional advice and clients shall not use it as such. We assume no responsibility or liability of any kind for any information contained herein, and we expressly disclaim all liability for any claim for damages arising from the use, reference to, or reliance on, such information. If legal or other expert assistance is required, the services of a competent professional should be sought.