Compliance ✔- Relief for Health and Welfare Plans
The federal government provided COVID-19-related relief for health and welfare plans through various guidance. Most recently, the IRS issued Notice 2020-23 to extend the deadline for certain tax filings and payments. This accommodation applies to Form 5500s for health...
Compliance ✔- Unemployment Benefits: Alabama and CARES Act
Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) which became law on March 27, 2020. This third phase Congressional response to COVID-19 expands unemployment benefits provided by states. Highlights include an additional $600 weekly...
Compliance ✔- FFCRA Leave: DOL Regs & IRS Tax Credits
The Families First Coronavirus Response Act (FFCRA) leave provisions — Emergency Paid Sick Leave Act (EPSLA) and Emergency Family and Medical Leave Act (EFMLA) — apply to qualifying leave taken today April 1st through December 31, 2020. The DOL just...