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SBA Releases PPP Loan Forgiveness Application

The SBA has released its Loan Forgiveness Application and Instructions for Borrowers, which provides the application and instructions for borrowers to calculate and submit their request to have all or a portion of their PPP...more

Employers May Provide Tax-Free Disaster Relief Payments to Employees Impacted by the COVID-19 Pandemic

On March 13, 2020, President Trump declared the COVID-19 pandemic to be a "national emergency." As a result, employers now have the opportunity to provide disaster relief payments to employees on a tax-favored basis pursuant...more

Senate Provided Expanded Benefits and Relief for Retirement and Health Plans

The stimulus bill ("Bill") passed by the Senate on March 25, 2020 contains important provisions that impact employee benefit plans. While the Coronavirus Aid, Relief and Economic Security Act ("CARES Act") still must be...more

How Employees May Access Their Retirement Savings in 2020

As furloughs and layoffs become increasingly prevalent during the response to the coronavirus crisis, employees may be looking for options for receiving emergency funds from their employer’s qualified retirement plan. ...more

Families First Legislation Requires First Dollar Coverage for COVID-19 Testing

Effective March 18, 2020, group health plans and health insurance policies are required to pay for COVID-19 testing and related health provider visits, without imposing any cost sharing requirements, such as a deductible,...more

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