April 15 Member Call to Address Employment Issues Under COVID-19 Stimulus Bills

April 10, 2020 | The Toy Association will provide an update on economic stimulus funding options and guidance on employment-related issues resulting from the COVID-19 pandemic during the next member call on Wednesday, April 15 at 2:30 p.m. (Eastern). Exclusive to Toy Association members, this series of informational sessions provides updates on the various COVID-19 stimulus bills passed by Congress to aid companies.

Labor legal counsel Mark Goldberg, partner at Loeb & Loeb LLP, will address options for reducing employee costs (including furloughs, layoffs, and salary reductions); new federal and state employee leave entitlements and unemployment benefits; permissible inquiries and requests for examination of employees; best practices if an employee has a suspected or confirmed case of COVID-19; and best practices and policies for working from home.

The call will open with an update on the status of Paycheck Protection Program funding and accessibility as well as any additional new funding information. Members will also have the opportunity to participate in a Q&A with the presenters at the end of the presentation.

Recordings of previous sessions on April 2 and April 9 are now available to Toy Association members. On yesterday’s call, Lisa Heller, senior manager of tax services at RSM US LLP, presented an overview of key tax changes under the CARES Act and insights for businesses and business owners on payroll tax credits, applying net operating losses (NOLs), interest expense deductions, and more.

Registration for the April 15 call is now open. Questions may be directed to Ed Desmond, The Toy Association’s executive vice president of external affairs.

These calls are available exclusively to Toy Association members. Additional information can be found on The Toy Association's COVID-19 resource page.