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Tax Treatment of Employee Hardship and Disaster Relief
Pepper Hamilton LLP Link to more items from this source
Dec. 1, 2017

"In structuring this assistance, most parties prefer that the payments be tax-deductible to the employer but not constitute taxable income to the employee.... To provide this assistance tax-free to employees, the employer must navigate the detailed maze of provisions governing assistance programs.... it is crucial that the program be documented, including identifying who is eligible, how a particular employee satisfies the eligibility criteria, whether they have insurance to cover any of the types of losses that the employer is planning to fund, and who is on the selection committee."

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