Who Needs to Know -
Employers.
Why It Matters -
A COBRA subsidy has been offered through September 30. Employers must provide notice to participants that the subsidy is ending no later than September 15, 2021....more
On March 25 and April 15, Troutman Pepper reported on the 100% federally funded COBRA premium subsidy included in the American Rescue Plan Act (ARPA), noting the need for additional guidance on a number of issues. On May 18,...more
Why It Matters -
On May 10, the Internal Revenue Service (IRS) issued Notice 2021-26, which states that unused employer-provided dependent care assistance program (DCAP) benefits from 2020 or 2021 that are used in the...more
The May 31 deadline to notify workers about new COBRA continuation coverage rights is rapidly approaching. Many employers still have questions about who should receive this notice. This alert provides a step-by-step guide to...more
Q: Has the Department of Labor (DOL) issued guidance on the COBRA premium subsidy?...more
The American Rescue Plan Act (ARPA), signed into law by President Biden on March 11, packs a powerful one-two punch for employers and employees alike who continue to be sucker punched by the effects of COVID-19. While...more
The American Rescue Plan Act of 2021 (ARPA), signed into law by President Biden on March 11, increases the amount employees can exclude from their 2021 gross taxable income for employer-provided dependent care assistance...more