Pursuant to the Federal Trade Commission’s (“FTC”) Identity Theft Prevention Red Flags Rule (16 .C.F.R. § 681.2) which went into effect on January 1, 2008, all financial institutions and creditors must prepare and implement a written “Red Flags” Program by May 1, 2009. The determination of whether a business or organization is covered by the Red Flags Rule is not based on a particular industry or sector, but rather on whether the activities of the business or organization fall within the relevant definitions.
Continue Reading WILL YOU HAVE YOUR IDENTITY THEFT PREVENTION PROGRAM (aka “RED FLAGS” PROGRAM) PREPARED AND IMPLEMENTED BY THE MAY 1, 2009 DEADLINE?
April 2009
THE IRS PROVIDES GUIDANCE ON THE NEW 65% COBRA SUBSIDY OBLIGATIONS
By Labor & Employment on
Posted in New Legislation and Regulations
The IRS has issued Notice 2009-27 which provides a thorough interpretation of Section 2001 of the American Recovery and Reinvestment Act of 2009 (“ARRA”) relating to premium assistance for COBRA continuation coverage.
Continue Reading THE IRS PROVIDES GUIDANCE ON THE NEW 65% COBRA SUBSIDY OBLIGATIONS