DOL Final Regulations on Independent Contractor Status
Final Independent Contractor Status Under the Fair Labor Standards Act regulations issued by the DOL have been received by the OMB.
Spending Bill Contains Coronavirus Relief
On December 21, 2020, Congress passed additional measures to provide economic relief from the effects of the coronavirus pandemic. On December 27, 2020, it was signed into law.
COVID Relief and Government Funding Legislation Delayed
Legislation for a new round of economic relief for victims of the COVID-19 pandemic and extend funding for federal government agencies remains in pending status.
IRS Extends Temporary Relief for Remote Notarization
The IRS has extended temporary relief from the physical presence requirements for certain elections made by participants and beneficiaries.
Investment Advice Fiduciary Class Exemption Published
Investment Advice Fiduciary Class Exemption Published, Effective Date Set
Final Regulations for Group Health Plan Grandfathered Status
Final regulations expand flexibility of grandfathered group health plans and grandfathered group health insurance coverage.
Congress Approves Additional COVID Relief
Agreement reached on a new round of economic relief for victims of the COVID-19 pandemic.
IRS Announces Deadline Relief for Alabama Hurricane Zeta Victims
The IRS announced the postponement of certain tax-related deadlines for Alabama victims of Hurricane Zeta.
Terminating Custodial 403(b) Plans Get Distribution Relief
The IRS has issued Revenue Ruling 2020-23 to address how employers may terminate 403(b) plans that contain custodial accounts.
DOL Issues Investment Advice Fiduciary Class Exemption
The EBSA has issued the long-awaited Prohibited Transaction Exemption providing guidance to investment advisors who counsel retirement and other investors.
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