Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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Hall County Government
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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Bates & Company, Inc.
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Tax Exemptions and Implications of COVID-19 Qualified Disaster Relief Payments for Employees
Faegre Drinker Apr. 7, 2020 "There is very minimal guidance on what qualified disaster relief payments include. They do not include replacement of wages or wage-like payments, such as sick leave or paid leave. Raises or bonuses to classes of workers ... are not disaster relief payments. While extensive accounting is not required, and putting in place an official 'program' may unnecessarily slow down needed relief to employees, [the authors] recommend a basic practical system to identify employee hardship and the general category of expenses paid[.]" |
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