New IRS Requirements for Documenting FFCRA Paid Leave Requests

By Randall Sutton, Partner – Employment Law & Litigation Practice Group The Department of Labor (DOL) and IRS provided additional guidance for employers last week regarding paid leave requests under the Families First Coronavirus Response Act (FFCRA). Employers who grant paid leave under the FFCRA are eligible to have 100% of the wages paid offset

3.8 Medicare Tax Update

By Employee Benefits and Executive Compensation Practice Group In an article published earlier this year, we discussed the new 3.8% Medicare tax, or Net Investment Income Tax (“NIIT”), and recommended taxpayers evaluate the need to amend lease agreements and make the grouping election under IRC section 469. We have received a number of inquiries regarding