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Qualified Disaster Relief Payments Charitable Donations

Holland & Hart - Employers' Lawyers

Providing Disaster Relief Payments or Charitable Assistance to Employees During COVID-19

Employers may provide disaster relief payments and/or charitable assistance to employees in several ways. The following includes brief descriptions of each scenario in the context of the COVID-19 pandemic and corresponding...more

Foley & Lardner LLP

Employer Sponsored Foundation for Coronavirus Disaster Relief and Implications for Tax Planning

Foley & Lardner LLP on

As the COVID-19 pandemic continues, businesses may consider having their affiliated company foundations take the lead on providing assistance to affected employees and their families. This is permitted, but companies must...more

Fox Rothschild LLP

How To Help Your Employees With Tax Advantageous Hardship And Disaster Grants

Fox Rothschild LLP on

During this unprecedented crisis, for-profit corporations have strategic options to assist their workers by providing deductible hardship and disaster grants that are tax-free to employees. Hardship and disaster grants...more

Nutter McClennen & Fish LLP

Providing Charitable Hardship Payments to Employees During COVID-19

COVID-19 is presenting novel challenges for employers across the globe. Last week, we issued a general advisory that provides guidance to employers on how to navigate these challenges. One issue facing employers is how to...more

Foley & Lardner LLP

When Disaster Strikes: IRS Guidance Gives Employers Additional Options for Assisting Employees Hit by Hurricanes Harvey and Irma

Foley & Lardner LLP on

When Hurricanes Harvey and Irma made landfall in Texas and Florida, they gave rise not only to widespread property damage, but to a humanitarian disaster as well. The massive storms have left scores dead and thousands...more

Morgan Lewis

Hurricane Harvey Client Alert: How Employers and Employees Can Help Those in Need

Morgan Lewis on

A variety of tax-favored vehicles exist for employers and their employees to donate cash or even accrued leave to assist those impacted by Hurricane Harvey’s devastation....more

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