On March 11, 2021, President Joe Biden signed the American Rescue Plan Act of 2021 (ARPA). The ARPA is the latest installment of COVID-19–related stimulus packages passed by Congress in the last 12 months. Similar to the...more
3/18/2021
/ American Rescue Plan Act of 2021 ,
Biden Administration ,
CARES Act ,
COBRA ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Employee Retention ,
Employer Group Health Plans ,
Executive Compensation ,
Families First Coronavirus Response Act (FFCRA) ,
Flexible Spending Accounts ,
Medicare ,
Multiemployer Plan ,
Pensions ,
Relief Measures ,
Tax Credits ,
Unemployment Benefits
On May 7, 2020, the Internal Revenue Service (IRS) and the Department of the Treasury revised their frequently asked questions (FAQs) guidance on the Employee Retention Credit to allow employers that do not pay wages, but...more