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Search OptionsInsightsCoronavirus Relief Fund Program: Reimbursement Eligibility Guidelines for Counties, Cities, and Towns
Under the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), the State of Indiana received a distribution of Coronavirus Relief Funds to be used for certain limited purposes. Three Hundred Million Dollars of these funds are being… 
Exceptions to Indiana's Open Door Law and Access to Public Records Act Set to Expire on May 23, 2020
Beginning March 16, 2020, Indiana Governor Eric Holcomb issued a number of Executive Orders (“Orders”) easing statutory requirements concerning Indiana’s Open Door Law (“ODL”) and Access to Public Records Act (“APRA”) in light of the COVID-19… 
IRS Guidance Increases FSA Carryover Limit, Clarifies Reimbursement of Individual Health Coverage Premiums
Overview On May 12, 2020, the IRS issued Notice 2020-33, which (i) increases the carryover limit for flexible spending arrangements (“FSAs”) to $550, and (ii) clarifies the timing for reimbursement of individual health coverage premiums under certain… 
IRS Provides Flexibility for Cafeteria Plans to Permit Mid-Year Election Changes, Extend FSA and DCAP Claims Periods
Overview On May 12, 2020, the IRS issued guidance in response to the COVID-19 pandemic which provides flexibility during calendar year 2020 for employer-sponsored health coverage, health flexible spending arrangements (“FSAs”), and dependent care… PPP Safe Harbor for Loans Under $2M and Helpful Guidance for Loans $2M+
[UPDATE MAY 13, 2020] - Welcome guidance was issued today by the Small Business Administration (SBA) in the form of FAQ #46 regarding a borrower’s certification of the necessity of a loan under the Paycheck Protection Program (PPP). The guidance… 
DOL and IRS Pandemic Relief for Group Health Plans and Retirement Plans
Overview On April 29, 2020, the U.S. DOL, Treasury Department and the IRS issued deadline relief and other guidance to aid employee benefit plans and plan participants impacted by the COVID-19 pandemic. The guidance extends certain timeframes… 
IRS Releases FAQs on Tax Treatment of Higher Education Emergency Relief Fund and Emergency Financial Aid Grants under CARES Act
On May 8, 2020, the IRS released two new FAQs related to relief provided under the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) designed to allow higher education institutions to use certain funds allocated by the Department of… 
Commercial Collection Issues in a COVID-19 Economy
The daily news reminds us of the growing grim economic toll wrought by the COVID-19 pandemic. As discussed in some of our prior Alerts, federal, state and local governments have adopted various measures to moderate some of these effects, including… 
If Our Company Gets Sued Because of COVID-19, Will We be Covered by Insurance?
There has been a steady stream of commentary about insurance coverage issues and COVID-19. Most of the commentary has appropriately focused on first-party coverages, in particular Business Interruption or Business Income coverages. First-party… 
Title IX Regulations Issued By The U.S. Department Of Education: Implications for Educational Institutions
On May 6, 2020, the U.S. Department of Education issued its long-awaited Title IX regulations (hereinafter referred to as “the Final Rule”), impacting the potential liability of educational institutions in terms of their response to allegations of… 
UPDATED - Paycheck Protection Program: Confirm the Necessity or Return the Funds
UPDATED - The Small Business Administration issued guidance on May 5th that extends until May 14, 2020 the safe harbor for returning the PPP loan proceeds. Our alert first published on April 30, 2020 has been updated to reflect this and to add some… 
IRS Issues Tax-Exempt Bond Guidance in Response to COVID-19 Pandemic
On May 4, 2020, the IRS provided notice of forthcoming guidance to be published in Internal Revenue Bulletin 2020-22, dated May 26, 2020. Exception for Public Hearing Requirement Revenue Procedure 2020-21 (“RP 20-21”) provides temporary guidance… 
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