"An employer did not pay or file their PCORI fee last year. What should an employer do if they didn’t file?"There is no specific penalty for failure to report or pay the PCORI fee. However, since this fee is considered an excise tax, any related penalty and interest for failure to file a return..
If your organization had any assistance eligible individuals (AEIs) who received subsidized COBRA coverage during April, May, or June, a tax credit is available by filing Form 941 for the 2nd quarter. The form is due July 31, 2021.
"An employer is terminating an employee due to elimination of the position, but the elimination is not related to COVID. Would he or she be eligible for the subsidy in this situation?"The COBRA event does not have to be related to COVID.If an individual lost eligibility due to any reduction in..
The EEOC has updated the Technical Assistance Questions and Answers as of May 28, 2021. Under this new guidance, the EEOC confirms the applicability of its wellness regulations under the ADA and GINA regarding vaccine incentives.The updated guidance confirms that, under the ADA, if the employee..
On May 18, 2021, the IRS released FAQs regarding COBRA and state continuation premium subsidies. As a reminder, these subsidies required to be paid 100% for assistance eligible individuals (AEIs) under the American Rescue Plan Act of 2021 (ARPA).ARPA gives an enrollment opportunity for..
On April 29, 2021, the IRS issued guidance that gives clarifying information regarding employer tax credits available for voluntary paid sick and family leave made available under ARPA. ARPA extends tax credits to eligible employers for providing paid sick and family leave from April 1, 2021..
On March 11, 2021, the President signed into law the American Rescue Plan Act (ARPA) H.R.1319.
In April 2020, the U.S. Department of Labor (DOL) released Disaster Relief Notice 2020-01, which provided an extension from certain deadlines for employee benefit plans, retro-active back to March 1, 2020. Under the extension, the applicable timelines were essentially paused until the earlier of..