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Keeping Up With All The Changes | Sullivan & Worcester

The Latest: COBRA Subsidies and New COBRA Election Rights
COBRA subsidy – Similar to legislation adopted in 2009 in response to the Great Recession, ARPA includes provisions that provide for a 100% subsidy of COBRA group health plan premiums (including premiums for continuation coverage under state mini-COBRA statutes) for assistance eligible individuals (AEIs). AEIs are qualified beneficiaries who experience a COBRA election right in connection with an involuntary termination of employment or a reduction in hours and who are (or will be) receiving COBRA coverage at any point from April 1, 2021 through September 30, 2021 (the Subsidy Period). The premium subsidy is available for COBRA coverage during the entire Subsidy Period or, if earlier, until the AEI (i) loses COBRA coverage, (ii) becomes eligible for Medicare or (iii) becomes eligible for other group health plan coverage (but not including for this purpose excepted benefits or coverage under a qualified small emplo ....

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Key Provisions of the Consolidated Appropriations Act, 2021 for Businesses and Individuals | Sullivan & Worcester

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On December 27, 2020, the Consolidated Appropriations Act, 2021 ( CAA or the Act ) was signed into law. The 2,100+page CAA is made up of 32 Divisions. The significant business and individual taxpayer related provisions are in Division EE, known as the Taxpayer Certainty and Disaster Tax Relief Act of 2020, and Division N, which includes the COVID-related Tax Relief Act of 2020 and the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the Economic Aid Act ). This alert represents our high level summary of the items that most directly affect businesses, individuals and benefit plans. ....

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UPDATE On The Families First Coronavirus Response Act ??(FFCRA) Leave Protections Following Passage of Consolidated ?Appropriations Act, 2021 | Locke Lord LLP

Updated December 28, 2020
UPDATE: On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021 [Including Coronavirus Stimulus & Relief]. On December 27, 2020, President Trump signed this legislation into law.
This bill extends the tax credits associated with the Families First Coronavirus Response Act (FFCRA), including the Public Health Emergency Leave and Emergency Paid Sick Leave through March 31, 2021. While the tax credits aspect of the FFCRA has been amended, the actual employer mandates do not appear to have been extended beyond the December 31, 2020, expiration date. Thus, employers may continue to extend the benefits to their employees and may qualify for tax credits, though doing so would be permissive and not mandatory. ....

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Paid Sick Leave for Self-Storage Staff: Understanding COVID-19 Laws

Paid Sick Leave for Self-Storage Staff: Understanding COVID-19 Laws
insideselfstorage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideselfstorage.com Daily Mail and Mail on Sunday newspapers.

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