Employee Benefit Plan COVID-19 Deadline Extensions May Expire as Early as February 28
By EsqSocial Corporation 25/02/21
Employers are facing uncertainty as to the expiration of the COVID-19 relief the U.S. Department of Labor (DOL) and Internal Revenue Service (IRS) issued in a joint guidance on May 4, 2020. The joint guidance requires employee benefit plans to toll, or suspend, certain deadlines during the “Outbreak Period,” which the guidance defines as the period beginning on March 1, 2020, and ending on the date that is “60 days after the announced end of the National Emergency or such other date announced by...
By: Ogletree, Deakins, Nash, Smoak & Stewart,