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Employee Support Strategies After Natural Disasters

Employee Support Strategies After Natural Disasters

Update: 2024-10-31
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In this podcast, Mike Mahoney (shareholder, Morristown/New York City) and Stephen Kenney (associate, Dallas) discuss ways in which employers can assist employees affected by federally declared disasters in a tax-efficient manner. Mike, who is chair of the firm’s Payroll Tax and Fringe Benefits subgroup, and Stephen cover disaster relief payments for reasonable and necessary expenses incurred, such as those for medical treatment, transportation, housing, clothing, and other general living expenses for the employee and household members. They also cover leave sharing options in which employees may donate leave for use by employees adversely affected by a major disaster.

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Employee Support Strategies After Natural Disasters

Employee Support Strategies After Natural Disasters

Ogletree Deakins