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  • April 2021

Archive for April, 2021

DOL Releases Model Notices and Guidance for the COBRA Subsidy

April 7, 2021     Today, the IRS released the following:     COBRA Premium Assistance under the American Rescue Plan Act of 2021 FAQs General COBRA FAQs for Workers   Model Notices Model General Notice and COBRA Continuation Coverage Election Notice: MS Word | PDF Model Notice in Connection with Extended Election Period: MS Word | PDF Model Alternative Notice: MS Word | PDF Model Notice of Expiration of Premium Assistance: MS Word | PDF Summary of COBRA Premium Assistance Provisions under the American Rescue Plan Act of 2021: MS Word | PDF  

IRS Treats Face Masks, Hand Sanitizers, and Sanitizing Wipes as Qualified Medical Expenses

The IRS released Announcement 2021-7 that provides that amounts paid for personal protective equipment for the primary purpose of preventing the spread of COVID-19, such as masks, hand sanitizer and sanitizing wipes for use by the taxpayer, the taxpayer’s spouse, or the taxpayer’s dependent(s) are treated as amounts paid for medical care under § 213(d) of the Internal Revenue Code (Code). As such, these amounts can be reimbursed by a health flexible spending arrangement, a health reimbursement arrangement or a health savings account.