April 07, 2021

More Employees Will Be 162(m) Covered Employees under the American Rescue Plan Act

Spotlight on Benefits

The American Rescue Plan Act (ARPA), passed by Congress and signed into law on March 11, 2021, expands the definition of “covered employee” under Internal Revenue Code Section 162(m), requiring the inclusion of an additional top five highest paid employees (beyond those officers already counted).

Services and Industries

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