IRS Publishes Detailed Guidance Relating to ARPA COBRA Premium Assistance
By EsqSocial Corporation 07/06/21
On May 18, 2021, the Internal Revenue Service (“IRS”) published Notice 2021-31 (the “IRS Notice”) containing detailed guidance relating to premium assistance for COBRA benefits under the American Rescue Plan Act of 2021 (“ARPA”). The guidance provides much needed clarification on a number of practical questions for employers that arise in implementation of ARPA COBRA subsidies, which may be applicable the period from April 1, 2021 to September 30, 2021. Please see full Alert below for more...
By: Patterson Belknap Webb & Tyler LLP