Last week the IRS announced that the due date for 2020 tax returns was postponed to May 17, 2021. Today they announced in IR 2021-67 that the due date for 2020 contributions to an HSA is also May 17, 2021.
DOL Releases EBSA Disaster Relief Notice 2021-01 February 26, 2021 On Friday, the Department of Labor released EBSA Disaster Relief Notice 2021-01, which provides guidance on the duration of the COVID-19-related relief provided by the Timeline Extension Rule. The past relief, provided in 2020, continues until sixty (60) days after the announced end of the COVID-19 National Emergency or such other date announced by the relevant Agency or Agencies in a future notification (the “Outbreak Period”). This notice provides that under Section 518 of ERISA and Section 7508A(b) of the Code, the disregarded period for individual actions “required or permitted” is expressly limited… Read More