Volunteers bring a lot of value to the organizations they work with. They can help an organization achieve its mission, assisting in areas an organization may not be otherwise able to cover without them.
However, organizations may not think to check if their workers’ compensation insurance covers volunteers, or, worse still, they may wrongfully assume it does.
On May 12, 2021, the United States Department of Transportation (USDOT) announced it would provide additional help to states affected by the Colonial Pipeline cyberattack.
The White House and USDOT have determined that previous declarations of a “major disaster” issued by the President within the last 120 days allow the states covered by those declarations to use their interstate highways to transport overweight loads of gasoline and other fuels.
On May 9, 2021, the Federal Motor Carrier Safety Administration (FMCSA) issued a regional emergency declaration (the declaration) for 18 states in response to the unanticipated shutdown of the Colonial Pipeline system.
This unanticipated shutdown has caused (and is expected to continue to cause) fuel shortages in various parts of the Eastern United States.
On Feb. 18, 2020, the Agricultural Improvement Act of 2018 (Farm Bill) removed hemp from the definition of marijuana under the Controlled Substance Act (CSA).
This made any hemp-derived products containing up to .03% tetrahydrocannabinol (THC) exempt from the CSA’s Schedule 1, which is a list of drugs considered to have the highest potential for abuse and no accepted medical uses.
On May 10, 2021, the Internal Revenue Service (IRS) released guidance on the taxability of dependent care assistance programs (DCAPs) for 2021 and 2022, clarifying that amounts attributable to previously issued carryover and extended grace period relief generally are not taxable.
Specifically, if these dependent care benefits would have been excluded from income if used during taxable year 2020 (or 2021, if applicable), these benefits will remain excludible from gross income and are not considered wages of the employee for 2021 and 2022.