News

The Arkansas Hospitality Association hosted a webinar to educate their members on potential loans available through the Paycheck Protection Program. Friday, Eldredge & Clark Attorneys Robert T. Smith and Madeline O. McElhanon addressed recent updates to the program and discussed its application to the travel and tourism industry.

The Treasury Department and Internal Revenue Service issued the following press release yesterday announcing the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming days.

The American Rescue Plan Act of 2021 (ARPA) was signed by President Biden on March 11, 2021. The ARPA follows previous laws applicable to the minimum funding contribution requirements for defined benefit plans, and this article discusses the impacts of the ARPA on Single Employer Plans (as opposed to Multi-Employer Plans).

The extended Paycheck Protection Program (PPP) is of particular interest to those in the tourism industry because it addresses specific issues businesses like hotels, restaurants and bars are facing and have faced during the pandemic. Below is a summary of two recent articles that explain the loan program in more detail.

Attorneys Mike Moore and Katherine Campbell discuss the most pressing COVID-issues in the workplace and give an update on new legislation that includes unemployment rates. The webinar is part of the firm's monthly Lunch and Learn Webinar Series. (March 4, 2021)

Friday, Eldredge & Clark, LLP is proud to announce the Women’s Foundation of Arkansas (WFA) has named the firm the recipient of the 2021 Olivia Farrell Gender Equity Leadership Award. The award was announced Wednesday, March 3 at the 33rd Annual Arkansas Business of the Year Awards Celebration in Little Rock.

Employers who sponsor group health, dental and/or vision plans should be aware that the Department of Labor (DOL) just issued EBSA Disaster Relief Notice 2021-01 which provides specific guidance and recommendations to employers in connection with Outbreak Period relief previously issued by the DOL and Internal Revenue Service (IRS) in joint guidance issued last year in EBSA Disaster Relief Notice 2020-01 (Joint Notice).