by Editorial Staff | Dec 18, 2020 | Coronavirus (COVID-19), DOL, HHS, IRS, Vaccinations
In late October, the Trump Administration released an interim final rule (IFR) regarding employer health plan coverage of COVID-19 vaccines. In summary, the IFR provides rules from multiple federal agencies, including the Internal Revenue Service (IRS), Department...
by Editorial Staff | Nov 23, 2020 | Coronavirus (COVID-19), Familes First Coronavirus Response Act (FFCRA), IRS, Paycheck Protection Program, Uncategorized
On November 18th, 2020, the Internal Revenue Service (IRS) issued additional guidance on Paycheck Protection Program (PPP) loans. Created in conjunction with the Treasury Department (Treasury), the guidance addresses the tax treatment of PPP expenses. More...
by Editorial Staff | Nov 5, 2020 | Affordable Care Act, IRS
On October 26th, 2020, the Internal Revenue Service (IRS) announced specific cost-of-living adjustments for tax year 2021 contributions. This blog post covers the adjustments that affect dollar contribution limitations for pension plans and other retirement-related...
by Editorial Staff | Oct 19, 2020 | ACA, IRS
On October 2nd, 2020, the Internal Revenue Service (IRS) announced an extension for providing forms 1095-C and 1095-B to employees. The required forms are part of the Affordable Care Act (ACA) and now carry a deadline of March 2nd, 2021. That date is a month later...
by Editorial Staff | Sep 4, 2020 | IRS
On August 28th, 2020, the Department of Treasury and Internal Revenue Service (IRS) issued guidance implementing a Presidential Memorandum (Memo) issued on August 8th, 2020. Created in response to the COVID-19 pandemic, the Memo allows employers to defer withholding...
by Editorial Staff | Apr 1, 2020 | Coronavirus (COVID-19), Familes First Coronavirus Response Act (FFCRA), IRS, POTUS
Signed into law on March 27th, the Coronavirus Aid, Relief and Economic Security (CARES) Act creates a half-dozen new programs to help distressed businesses and workers deal with the global COVID-19 pandemic and any related shutdowns. Among those programs are...
