Dino Infanti, National Leader KPMG Enterprise issued a advisory last week regarding Employers and employees during the COVID-19 crises. Employers should ensure they take appropriate steps to manage their employee issues during the COVID-19 outbreak. During this time, employers may want to look at their options to avoid laying off employees, including considering several government programs that are in place to assist employers in this situation.
In particular, the government recently announced that it would enhance some programs to assist businesses with more to come on that today. However, in situations where employers decide to initiate temporary lay-offs, they should consider important related legal issues related to payroll and employment law. Employers who may need assistance navigating their options and requirements at this time should reach out to our team of tax and legal professionals.