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COVID 19 Update 22

IRS Provides New Guidance on Family Leave and Tax Credits

Yesterday afternoon the IRS released new guidance on tax credits authorized in the “phase two” COVID-19 bill to help small businesses offset the cost of new paid leave requirements.

Click here to learn more about how to implement these policies. 

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Audio from Tuesday’s Webinar with SBA Branch Manager Robert Piechota is Available

This audio was recorded from the webinar presented on March 31st. 

(Note: Due to a recording error the audio begins several minutes into the presentation – the essential content of the webinar, however, is in the recorded)

Robert Piechota SBA Branch Manager discusses key elements of the CARES Act as well as other related programs such as the Disaster Relief loans. Mr. Piechota also explained the key features of the Paycheck Protection Program.

Piechota joined the SBA in 2019 after six years directing the New York City College of Technology Small Business Development Center (SBDC) in Brooklyn. Piechota also previously ran his own consulting business and is a U.S. Army Veteran where he served in the Military Police Corps. He is a graduate of the U.S. Military Academy at West Point.

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The National Association of Manufacturers and Business Roundtable Announce They Will Combine COVID-19 Responses to address the critical health care supply shortage

The partnership unifies the business community’s efforts to help those on the front lines of the pandemic.

Central to the effort is this new, detailed survey for businesses to identify the specific ways they can provide or produce the supplies that are in high demand. Whether you have filled out similar previous surveys or not, they are asking everyone to complete this detailed form. The data will capture existing supplies, including personal protective equipment and test kits, and will identify where new manufacturing capacity can be tapped to address shortages nationwide. We worked closely with federal agencies, including FEMA, to ensure that the survey captures the supply information they currently need.

Complete the Survey

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State Department Creates Government-Wide Contact for Global Supply Chain Issues

The State Department has created a central point of contact for companies facing issues overseas that affect the import of goods critical to addressing the COVID-19 pandemic. The State Department plans to coordinate among offices and agencies and with overseas missions to provide an initial response within one business day. If your company is facing these global supply chain challenges you can contact the State Department at this email address: 

USBusiness@state.gov

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Jackson Lewis P.C. Will Host a Daily Briefing on Legal Developments and Guidance Related to COVID-19

Our Friends and Associate member Jackson Lewis intends to keep clients informed on workplace implications of the ongoing crisis by providing a short daily briefing and Q&A session.  The briefings will be held all next week beginning at 4:00.

You can Register Here

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The Council of Industry is Offering FREE Job Postings to ALL Hudson Valley Manufacturers During the Month of April

While many Council Members and Hudson Valley Manufacturers are being forced to reduce their workforce, others are finding it increasingly difficult to find enough people in key positions.  To assist you few that are facing this challenge we are offering free posts on our job board www.HVMfgJobs.com.

All jobs are distributed to over 100 job boards including: Google Jobs, Zip Recruiter, College Job Boards, Hot Jobs, LinkedIn, Glassdoor, etc. 

To learn more and to post your job email Johnnieanne Hansen at jhansen@councilofindustry.org

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Hudson Valley Firms Regeneron and Pfizer Stepping Up to Help The New York

Governor Cuomo announced that Regeneron Pharmaceuticals is creating 500,000 test kits for the State at no charge amid a nationwide shortage of test kits and swabs.  The first batch of test kits was delivered to the State on Monday and the State will receive an ongoing delivery of 25,000 kits per day. To date, the State has tested 220,880 individuals, with 15,694 new people tested just yesterday.

Pfizer has created a new Global COVID-19 Medical Service Program that empowers medical colleagues (employees) to provide diagnostic, treatment, and public health support in the battle against COVID-19. Licensed medical professionals who feel duty-bound to provide their services during this crisis will now have a way to engage in the fight against COVID-19. Colleagues will continue to receive their full pay, benefits, and be able to return to their position upon completion of service.

Read More in the Albany Times Union

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