Poyner Spruill issued the following announcement on April 1.
The landscape for attorneys has been changing quickly in the wake of COVID-19. Attorneys should be heartened to learn of a form of federal relief that may be tailored to suit the needs of a diverse range of clients and client needs. Perhaps best of all, this relief – the ability for businesses to provide employees with tax-free benefits to cover certain COVID-19-related expenses under Section 139 of the Internal Revenue Code – is available immediately. In an authored article published by North Carolina Lawyers Weekly, Poyner Spruill partner Kelsey Mayo and associate Hannah Munn discuss the benefits provided (and not provided) under Section 139, and limits and implications of Section 139.
To read the full article, visit North Carolina Lawyers Weekly.
Original source can be found here.
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