SECURE Act 2.0: IRS Issues Final Regulations on Catch-Up Contributions
Recent IRS regulations under the SECURE 2.0 Act significantly affect retirement plan catch-up contributions. Learn about the new Roth rules, “super” catch-up limits and key compliance deadlines for plan sponsors.
Last week, the IRS issued additional guidance on the employee retention tax credit, including information regarding the expansion of the credit to certain wages paid during the third and fourth calendar quarters of 2021 and additional information on miscellaneous issues that apply to the credit for qualified wages paid in 2020 and 2021.
As we discussed in a previous article, the renewable energy industry is experiencing record growth. President Biden’s current initiatives are also expected to provide an additional boost to accelerate future growth in clean energy industries.
Infectious disease experts have a saying: Vaccines don’t save lives, vaccinations do. As vaccinations are now widely available, and with the Biden Administration’s goal of 70% of adults at least initially vaccinated by July 4 in reach, employers eager to get back to the way things were pre-pandemic may want to mandate vaccinations.
David
Michael
Managing Partner
Chair, Human Resources and Employment Law Practice
Back in March 2020 we advised that — for employees working remotely — the Department of Homeland Security (DHS) was deferring the physical presence requirement of the Employment Eligibility Verification (Form I-9).
With society’s increased reliance on working remotely, vis a vis through “the cloud” and need for unfettered amounts of storage and processing power, data centers seem to be popping up almost everywhere you turn.