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.
Lurie advisors Kevin Besikof, Chris Van Schooneveld and Mike Mondelli will explain how qualifying employers can help mitigate the effects on their business and employees through tax-free qualified disaster payments:
- 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
At the conclusion of the webinar, our team will also present a turn-key solution that provides you with everything you need to get started: (1) Communication template for employees / FAQs, (2) Internal document of policy & procedures template, and (3) a tracking tool for expenses. Click the button below to register and learn more.