The Coronavirus Aid, Relief and Economic Security Act (CARES Act) includes a provision that allows employers to make tax-free payments of up to $5,250 toward their employees’ student loans. This provision was extended, through 2025, by the Consolidated Appropriations Act (CAA). This Compliance Bulletin provides more information.
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220 West 20th Avenue
San Mateo, CA 94403
(650)-573-1111
(650)-378-4361 – FAX
Contact: Mike Colzani