Recent coronavirus-related guidance from the IRS (Notice 2020-29, issued on May 12) aims to give Code Section 125 cafeteria plan (“cafeteria plan”) participants some relief from irrevocable group health benefit and health and dependent care flexible spending account (“FSA”) elections made prior to the pandemic.

Under Notice 2020-29, an employer who offers group health benefits

In Announcement 2020(7) the Department of Revenue Services (“DRS”) announced that it was extending the time that a taxpayer has to file certain administrative protests with the DRS’s Appellate Division in response to a notice of assessment or a proposed disallowance of a claim for refund.  In addition, the DRS has extended the time that

Under the new CARES Act, Congress has authorized the Paycheck Protection Program (“PPP”), pursuant to which forgivable loans can be made to certain qualified businesses in order to provide economic support during the COVID-19 pandemic.  A detailed discussion of the PPP program can be found here. One of the benefits of the PPP loan

On April 1, 2020, Governor Ned Lamont signed Executive Order No. 7S, which, among other things, provides property tax relief to certain taxpayers impacted by COVID-19.

Under the “Deferment Program,” from March 10, 2020 through July 1, 2020 each municipality will have the right to allow eligible taxpayers the ability to defer payments of tax

In response to the COVID-19 pandemic, the Connecticut Department of Revenue Services announced on April 2, 2020 that it is extending the filing and payment deadline for gift tax return until July 15, 2020.  Without the extension, returns reporting gifts made during 2019 would otherwise be due on April 15, 2020.  The Department noted in

In response to the COVID-19 pandemic, the Department of Revenue Services announced on March 30, 2020 that the March and April due date (and associated payment) for sales and use tax returns or room occupancy tax returns to be filed by taxpayers with $150,000 or less of annual tax liability has been extended to May

On Friday, March 27, 2020, the President signed into law the Bipartisan Proposal for Coronavirus Aid, Relief, and Economic Security Act (also known as the “CARES Act”).  The Cares Act is a massive 2.2 trillion dollar package that contains a number of provisions to assist the United States economy combat the impact of COVID-19.  This

On March 18, 2020, President Trump signed into law H.R. 6201, the Families First Coronavirus Response Act (“FFCRA”).  Among other things, the FFCRA requires employers with less than 500 employees to (i) provide up to 12 weeks of partially-paid leave to parent caregivers of minor children home as a result of COVID-19 related school