K·Coe Insights: Posts from category

Tax & Accounting

CARES Act: 4 New Provisions for Employer Benefit Plans

By K·Coe Editorial | March 31, 2020
, ,

Reading Time: < 1 minute In an effort to further help individuals and employers, the CARES Act has enacted provisions that create temporary relief through employer benefit plan changes for 2020. Employer Benefit Plan Provisions for 2020 will: Defer employer contribution minimums Defers 2020 minimum required contributions (including quarterly contributions) for single-employer plans to January …

Read moreCARES Act: 4 New Provisions for Employer Benefit Plans

COVID-19 Disaster Plan Relief: Tax Opportunities for Employers and Employees

By K·Coe Editorial | March 27, 2020
, , ,

Reading Time: 2 minutes Tax experts are dusting off a little-used tax law (enacted in 2002 following September 11th attacks) that is coming in handy for businesses dealing with COVID-19 today.  Section 139 allows employers to make “qualified disaster relief payments” to employees to assist in managing their expenses during the COVID-19 pandemic.  The …

Read moreCOVID-19 Disaster Plan Relief: Tax Opportunities for Employers and Employees

DOL Guidance for Employers: Action Needed for April 1

By K·Coe Editorial | March 27, 2020
, , ,

Reading Time: 2 minutes While we patiently await more information and clarifications from the Department of Labor (DOL) on the Families First Coronavirus Response Act (FFCRA), there were some important pieces of guidance released by the DOL this week related to the paid leave due to COVID-19 issues. Here is some of the latest …

Read moreDOL Guidance for Employers: Action Needed for April 1

Washington DC

Stimulus Package: At First Glance

By K·Coe Editorial | March 25, 2020
,

Reading Time: 2 minutes The Stimulus package, released early today, will inject approximately $2 trillion into the economy, providing tax rebates, four months of expanded unemployment benefits, and business tax-relief provisions aimed at shoring up individual, family and business finances. The full Stimulus Bill’s language (with over 1,000 pages of details anticipated) is expected …

Read moreStimulus Package: At First Glance

How Employers Can Adjust to New 2020 Form W-4

By K·Coe Editorial | February 4, 2020

Reading Time: 3 minutes  Yes, after years of talking about doing it, the IRS has officially overhauled the Form W-4 for 2020.  The reality is, while many of us are accustomed to its former format and calculations (set back in 1987), there was often complexity and misunderstanding.     The redesign reflects changes to the federal tax code from the 2017 Tax Cuts and Jobs …

Read moreHow Employers Can Adjust to New 2020 Form W-4

Categories