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By Garrett M. Higgins, CPA, Partner and Eva Mruk, CPA, EA, Partner
The National Emergency Declaration has been in effect since early 2020. The declaration invoked the Robert T. Stafford Disaster Relief and Emergency Assistance Act (Declaration) in response to COVID-19 and provided a way for employers to provide tax-free financial assistance to employees who were impacted, directly or indirectly, by the coronavirus for the past three years.
On January 30, 2023, the Biden Administration announced its intent to end the National Emergency Declaration on May 11, 2023.
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