H.R. 6201, known as the Families First Coronavirus Response Act in Division E, requires employers to provide each employee paid sick time for specific reasons. A link to the law : https://www.congress.gov/116/bills/hr6201/BILLS-116hr6201enr.pdf
The Department of Labor’s outline to be more helpful to explain the bill in more practical terms. https://www.dol.gov/agencies/whd/pandemic/ffcra-employer-paid-leave
Here is what the IRS published about this topic: https://www.irs.gov/newsroom/treasury-irs-and-labor-announce-plan-to-implement-coronavirus-related-paid-leave-for-workers-and-tax-credits-for-small-and-midsize-businesses-to-swiftly-recover-the-cost-of-providing-coronavirus
POTENTIAL: Quarterly ES Payment Due Date Changes : Please stay tuned for updates because this bill has not become law and is subject to change.
Typically, quarterly estimated tax payments are due April 15th, June 15th, September 15th, & January 15th.
The current proposed bill put forth by the Republicans on March 19, 2020, allows for the first three payments (due April 15th, June 15th, September 15th) to be delayed and paid by October 15th.
Source: Senate Proposed “Coronavirus Aid, Relief, and Economic Security Act” or “CARES Act” : Section 2102(b)(1)
Several changes for 2020 are happening. I will be sharing highlights of the proposed bill with you as the legislation works its way through the Senate and House. Stay tuned….