On February 26, 2021, the Department of Labor, the Treasury Department and Internal Revenue Service issued clarifying guidance regarding COVID-19-related deadline extensions under the Internal Revenue Code, ERISA, COBRA and...more
3/18/2021
/ COBRA ,
Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Disaster Aid ,
EBSA ,
Employee Retirement Income Security Act (ERISA) ,
Filing Deadlines ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Internal Revenue Code (IRC) ,
IRS ,
Time Extensions ,
U.S. Treasury
On April 29, 2020, the Employee Benefits Security Administration (EBSA), Department of Labor (DOL), Internal Revenue Service, and the Department of the Treasury (the Agencies) issued a final rule (Rule) regarding the...more
Eligible employers may take an immediate and refundable credit against the employer portion of their Social Security payroll tax equal to 50% of qualified wages. Below, we have summarized key information business owners need...more
A loan recipient under the Paycheck Protection Program (PPP) may be eligible for loan forgiveness on a portion of its PPP loan. Below, we have summarized key information business owners need in the form of Frequently Asked...more
The joint press release on March 20, 2020 from the IRS and the DOL foreshadows several important pieces of guidance that the agencies intend to release this week. The following summarizes what the agencies intend to include...more