 Legal Briefs
October 2005
Welcome to Legal Briefs for HR!
|
Dear HR Friends and Family -
-
The U.S. Department of Labor announced 09/14/05 it is launching Katrina Recovery Job Connection, a web-based service to connect displaced workers and employers who want to hire them, including temporary jobs cleaning up and rebuilding in the affected areas. The info and web links are in the embedded message below.
-
On 9/8/05, the U.S. Department of Treasury and the IRS announced that employees may donate the cash value of their vacation, sick or personal leave to qualified tax exempt organizations (e.g., Red Cross, Salvation Army) via their employer, and the money will not constitute taxable wages. The funds must be sent to a 170(c) organization, earmarked for Katrina relief, and the payments must be made before January 1, 2007, to qualify for this special treatment. Similar treatment of donated leave was afforded after 9-11, but the response was minimal. For a copy of the press release and Notice 2005-68, go to www.treasury.gov/press/releases/js2705.htm. Thanks to Maureen Kelley of i2 Technologies for this information!
Stay tuned,
Audrey E. Mross
Labor & Employment Attorney
Davis Munck, P.C.
900 Three Galleria Tower
13155 Noel Road
Dallas, TX 75240
amross@davismunck.com
www.davismunck.com
|
