Banking & Finance Law Report

Tag Archives: covid-19

Banks, credit unions, non-depository licensees remain open in PA

On Thursday, March 19, 2020, Pennsylvania’s Governor Tom Wolf ordered all “non-life sustaining businesses” in the state to close their physical locations in an attempt to slow the spread of COVID-19.

According to the Department of Banking & Securities, this order does not pertain to banks, credit unions or non-depository licensees. These institutions will remain open.

Businesses can apply for a waiver to the order by emailing or calling 877-PA-HEALTH.…

Treasury delays April 15 tax filing and payment deadline

On April 15, 2020 we posted an update to this blog, “UPDATE: Additional information released about delayed federal tax filing and payment deadlines.” Click here to read the update.

In response to the COVID-19 pandemic and the increased strain placed on individuals and business taxpayers during this time, the IRS has pushed back certain payment deadlines to ease the burden on taxpayers.

The plan that was published as of this writing, Notice 2020-17 (the “Notice”), impacts any person with a Federal income tax payment due April 15, 2020. The Notice postpones such Federal income tax payments to July 15, 2020, subject to certain limitations.…

COVID-19 and OSHA: Commonly asked questions

“The OSHA General Duty Clause requires all employers to provide a workplace free from known hazards. That includes known exposure to infectious diseases. So, OSHA does expect employers to take reasonable measures to protect workers from workplace exposure to COVID-19,” our colleague Mike Underwood explained expectations from the Occupational Safety and Health Administration (OSHA) during the COVID-19 outbreak.

Read the full post on our Employer Law Report Blog.…

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