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IRS Update: PPE Expenses and Tax-Filing Extension Date

Personal Protective Equipment Eligible Medical Expense The IRS has announced that Personal Protective Equipment (PPE) such as masks, hand sanitizer and sanitizing wipes, used for the primary purpose of preventing the spread of the Coronavirus Disease 2019 (COVID-19 PPE) are considered as a medical care expense under section 213(d) of the Internal Revenue Code.  This change is […]

April 7, 2021

IRS Update, News & Updates, Uncategorized

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American Rescue Plan Act of 2021

On March 11, 2021, the American Rescue Plan Act of 2021 (ARPA) was signed by President Biden. ARPA is a $1.9 trillion economic stimulus package proposed by Biden to speed up the United States’ recovery from the economic and health effects of the COVID-19 pandemic.  ARPA includes provisions for COBRA and Dependent Care Flexible Spending […]

March 26, 2021

IRS Update, News & Updates, Uncategorized

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Consolidated Appropriations Act, 2021. What You Need to Know About the New COVID Relief Bill.

Sunday December 27th, 2020 President Trump signed the Consolidated Appropriations Act, 2021 (CAA) into law. The CAA includes $900 billion of COVID relief measures. Highlighted below are sections of the bill that affect health and welfare plans – as well as next steps needing to be taken. If you choose to put any of these […]

January 8, 2021

IRS Update, News & Updates

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Employee Benefits In A COVID-19 World

Everything about COVID-19 has changed the way we live, work, and play. As we adapt and adjust to our “new norm,” we now have an opportunity. Since March, many state laws and federal laws have changed; as things continue to be confusing, there are few topics and ways that many employers, HR leaders, brokers, and administrators can agree on.

August 18, 2020

Education, News & Updates

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COBRA Relief Rule

    The following is information regarding the changes in COBRA Coverage. To see a detailed version please click the following link. https://www.govinfo.gov/content/pkg/FR-2020-05-04/pdf/2020-09399.pdf III. Relief A. Relief for Plan Participants, Beneficiaries, Qualified Beneficiaries, and Claimants Subject to the statutory duration limitation in ERISA section 518 and Code section 7508A,[7] all group health plans, disability and […]

May 20, 2020

News & Updates

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