C2 Resources

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) issued an alert providing steps that employers may follow to implement social distancing in the workplace; helping to protect their workers from exposure to the...

Per a Department of Health and Human Services (HHS) memorandum released May 14, 2020, the Department of Labor (DOL), in coordination with the Internal Revenue Service (IRS) and the Treasury Department, issued new rules extending key deadlines for health,...

On May 7, 2020, Maryland joined states such as Connecticut, Louisiana, New Jersey, Oklahoma, and Wisconsin, to enact an elective pass-through entity tax to circumvent the $10,000 state and local tax (SALT) cap. While the IRS rendered other state and local...

The Internal Revenue Service (IRS) announced the following on May 20, 2020, applicable for the tax year 2021:The annual maximum has increased for the Individual and Family Health Savings Accounts (HSA).The HSA Individual level contribution limit will be...

One of the most confusing aspects of the COVID-19 outbreak has been the emphasis on “contact tracing.” In essence, contact tracing involves identifying those people with whom an infected person has recently come in contact to determine those individuals...

The Small Business Administration (SBA) has announced the release of the Paycheck Protection Program (PPP) Loan Forgiveness Application. The Treasury Department and SBA released the 11-page application form and instructions which is designed to help...

On Tuesday, May 12, 2020, the IRS issued guidance permitting temporary increased flexibility to § 125 cafeteria plans. The IRS is will allow the following: Health Flexible Spending Account (HFSA): Allow employees to revoke decrease or increase an existing election due...

Background On April 23, 2020, the Treasury issued a warning to all borrowers noting that businesses are required to “assess their economic need for a PPP loan” before submitting a PPP loan application” and must take “into account their current business activity and...

On March 30, 2020, a U.S. District Court Judge ruled in ESI/Employee Solutions LP vs. City of Dallas that the city’s paid sick leave ordinance “runs afoul of both the federal and state constitution and is unenforceable.” This ruling, following prior similar rulings in...

On May 7, 2020, the state of Maryland enacted mandatory “WARN Act” obligations that will be effective in the fall.  Amendments were enacted to the Maryland Economic Stabilization Act.  These new amendments take effect on October 1, 2020.  These amendments require that...