New COVID-19 Guidance for Section 125 Rules
On May 12, 2020, the IRS released Notice 2020-29, which provides temporary flexibility for mid-year election changes under a Section 125 cafeteria plan during calendar year 2020. …Continue Reading
Congress Passes $484 Billion Coronavirus Relief Package
On Thursday, April 23, 2020, the U.S. House of Representatives voted on and passed the newest coronavirus aid bill, which includes funding for small businesses, hospitals and …Continue Reading
Manufacturing & Distribution Risk Considerations in Response to COVID-19
The COVID-19 pandemic has created a crisis globally and manufacturing and distribution (M&D) companies are responding to the challenge in extraordinary ways. As business models and operations …Continue Reading
DOL Issues Regulations and Guidance for FFCRA Paid Leave
The U.S. Department of Labor (DOL) has issued a temporary rule and updated their Q&A to implement the paid leave mandates of the Families First Coronavirus Response …Continue Reading
IRS Issues Tax Credit Guidance for Employers
The Families First Coronavirus Response Act (FFCRA), signed by President Trump on March 18, 2020, provides small and midsize employers refundable tax credits that reimburse them, dollar-for-dollar, …Continue Reading