FFCRA: New Rule and Guidance from the DOL and IRS
New FFCRA Guidance in Temporary Rule and FAQs The DOL has released rules related to administration of leaves under the Families First Coronavirus Response Act (FFCRA) and answered more common questions on their Questions and Answers page. Below are some key highlights...
COVID-19 and Employee Benefits Plans
The ongoing COVID-19 pandemic has created new and unique challenges for employers, their workers, and their businesses. Group health plans and other employee benefit plans are one area of concern during these times. Here are some of the most-frequently asked questions...
FFCRA Payroll Tax Credit – Easing the COVID19 Burden for Employers
On Friday, March 20, the U.S. Treasury, IRS, and U.S. Department of Labor announced their plans for making the paid leave provisions in the Families First Coronavirus Response Act (FFCRA) less burdensome for small businesses. Key points include: To take immediate...
CADILLAC TAX AND OTHER KEY ACA TAXES REPEALED
OVERVIEW On Dec. 20, 2019, President Trump signed into law a spending bill that prevents a government shutdown and repeals the following three taxes and fees under the Affordable Care Act (ACA): The Cadillac tax on high-cost group health coverage, beginning in 2020;...