IR-2020-57, March 20, 2020 WASHINGTON — Today the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees. This relief to employees and small and midsize businesses is provided under t

High Deductible Health Plans - COVID 19

Cross References • Notice 2020-17 On March 13, 2020, the President issued an emergency declaration in response to the ongoing Coronavirus Disease 2019 (COVID-19) pandemic. The emergency declaration instructed the IRS to provide relief from certain tax deadlines. As a result, the IRS has extended the deadline to pay a federal income tax balance due. Effective for federal income tax payments that are due by April 15, 2020, the new extended payment deadline is July 15, 2020. Thi

As part of the response, the House passed H.R. 6201, Families First Coronavirus Response Act. Here are some of the highlights in the bill: 1. Funding for nutrition assistance programs. Specifically, funds are designated for the Special Supplemental Nutrition Program for Women Infants and Children (WIC) and the Emergency Food Assistance Program (TEFAP). Also, there is a provision to allow state plans to provide food assistance to households with children who would otherwise r