Tax Law Insights

Among the many employee benefit deadlines extended due to the pandemic by joint action of the Department of Labor and the Internal Revenue Service are the deadlines for making a Cobra election and paying the Cobra premiums.  For purposes of these deadlines, the COVID-19 “outbreak period” is disregarded.  President Trump declared COVID-19 as a national emergency as of March 1, 2020, which is the beginning of the “outbreak period.”  The national emergency will end when the President declares it ended.  The end of the “outbreak period” is 60 days after the end of the national ...