May 15, 2020

Finally! Much Anticipated COVID-19 Guidance Provides Flexibility for Cafeteria Plan Elections, Additional Changes

Since the beginning of the COVID-19 pandemic, employers and employees have faced unprecedented financial strain, and employers have been looking for ways to provide flexibility with respect to cafeteria plan elections. This week, the IRS issued guidance designed to provide flexibility for employees with respect to cafeteria plan elections and...

Read More

May 18, 2020

U.S. Department of Education Releases Updated Guidance for COVID-19 Interruptions

Late on Friday, May 15, the U.S. Department of Education (“Department”) released updated guidance on a host of issues arising from interruptions in institutional operations related to the COVID-19 national emergency. This new 11-page document, along with an accompanying Q&A, provides important information to supplement and extend earlier guidance that...

Read More

May 27, 2020

SECURE Act and CARES Act – Implications for Estate Planning and Business Planning Clients

The Setting Every Community Up for Retirement Enhancement Act of 2019 (“SECURE Act”) implements several changes to existing laws that could have a significant effect on estate planning for retirement assets. The Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act") is intended to provide individuals and businesses with...

Read More