According to our source at TWC, it is likely that the layoffs and unemployment related to Covid-19 will ultimately not affect your TWC rate. Under normal circumstances, unemployment benefits received by your former employees if you terminated them for no fault of their own, would eventually increase your TWC rate and the amount of tax you must pay quarterly.

If you have employees that you must temporarily release, consider paying them any sick time or PTO they have available at your next normal payroll schedule, and have them go ahead now and apply for unemployment. That will get the unemployment process started so that after their final (before reopening!) check from you, TWC benefits will begin soon after.