Section 139 – How to provide your employees with tax-free COVID-19 relief

Description

Abstract: The COVID-19 pandemic has led to a surge in unemployment. And while people who have been furloughed or lost their jobs are among the hardest hit by the pandemic, those who remain employed have also experienced financial hardships. This article explains how Section 139 provides incentives for employers who wish to provide their employees with assistance. A sidebar details what qualifies as a “disaster.”