Employee Benefits Blog

Departments Provide Some Relief to Health Plan Sponsors Facing Looming Year-End Deadlines

Year-end is always a scramble for health plan sponsors as they go through renewal and open enrollment. This year was looking to be worse than normal given the impending deadlines for complying with the transparency in coverage regulations (“TiC”) and the numerous changes made by the Consolidated Appropriations Act, 2021 (the “CAA”). As reflected in […]

September 9, 2021 | 2 min read | Tagged: ACA, CAA, deadlines, health and welfare, transparency in coverage

Nancy K. Campbell Of Counsel

Credit Where Credit Is Due: IRS Offers Long-Sought Guidance on Employer Retention Credit Program

As we previously reported, the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) provided for an employee retention credit (“ERC”) designed to encourage employers to retain workers during the COVID-19 crisis. In general, the ERC permits eligible employers to claim a refundable tax credit of a portion of qualified wages paid to employees […]

March 9, 2021 | 2 min read | Tagged: CAA, CARES Act, eligible employer, employee retention credit, ERC, paycheck protection program, PPP, Qualified wages

Matthew P. Chiarello Partner