With two devastating hurricanes impacting the U.S since August, many employers are considering polices for providing disaster relief to their employees. Questions naturally arise as to the tax impact of disaster relief to businesses and employees and how best to leverage special IRS rules that may apply. To assist payroll, human resources and tax professionals with their disaster relief planning and implementation, we have brought together a team of Ernst & Young LLP professionals to share their insights.
This is part of our webcast series on disaster relief and recovery.
Sign up now to learn about:
- How FEMA declarations affect the tax treatment of disaster benefits
- Special tax relief available for Hurricanes Harvey and Irma
- Wage advances and loans
- Disaster benefits provided directly by employers to employees
- Leave sharing and leave cash-out donations
- Hardship distributions and loans from qualified retirement plans
- Employer foundations and other charities
- Considerations for human resources
Register today and earn up to 1.0 RCH or CPE credits.
Catherine Creech, Ernst & Young LLP, Compensation and Benefits
Rachel Everaard, Ernst & Young LLP, People Advisory Services
Debera Salam, Ernst & Young LLP, Employment Tax Services
Deborah Spyker, Ernst & Young LLP, Employment Tax Services
Michael Vecchioni, Ernst & Young LLP, Exempt Organizations