The IRS and Department of Labor have complex rules relating to when employers need to be combined for certain purposes, including pension, 401k, health and welfare and certain tax credit purposes, like the Employee Retention Tax Credit.

Unfortunately, the critical controlled group rules were last updated many years ago, leaving open questions when it comes to modern-day corporate forms.

In an article for the Employee Relations Law Journal’s Spring 2024 edition, “The Need for Employers to Get ‘Control’ of IRS Controlled Group Rules,” we elaborate on the controlled group rules and the importance for an employer to engage with legal counsel to review and periodically update the analysis as their corporate structure changes.

Key Question:

  • Has your business structure changed lately?

If so, a call to ERISA counsel is in order to review your controlled group.

To read this article, please visit: ERLJ-Spring-2024_The-Need-for-Employers-to-Get-Control-of-IRS-Controlled-Group-Rules.pdf