The impact of the COVID-19 outbreak resulted in a declared nationwide disaster. The Internal Revenue Code (Section 139) may present a relief option that can ease some of the work-from-home strain on employee well-being and increase productivity. It may also reduce liability for employers as well.
Our team hosted a webinar explaining how qualifying employers can help mitigate the effects on their business and employees through tax-free qualified disaster payments. Lurie advisors Kevin Besikof, Chris Van Schooneveld and Mike Mondelli explained:
- Why Qualified Disaster Relief Exists & Why It Makes Sense Now
- What Is Section 139 & What Qualifies?
- As an Employer, How Do I Plan & Track? Documentation & Best Practices
- Putting Your Qualified Disaster Relief Plan into Action
Click the link button at the top to access an on-demand version of this webinar.