Qualified Disaster Relief Payments

As more businesses begin to re-open their doors and consider ways to provide a safe environment for their employees in light of the COVID-19 pandemic, employers may find that many of their employees are facing new and unprecedented challenges.  These challenges frequently come at a cost.  In order to provide employees with assistance, and encourage them to return to work despite these additional costs, employers may want to consider offering tax-free “qualified disaster relief payments” to employees.
Continue Reading A Win-Win for Employers and Employees: The Benefits of Tax-Free Qualified Disaster Relief Payments in Connection with COVID-19