Month: April 2020

On March 27, President Trump signed into law another coronavirus (COVID-19) law, which provides extensive relief for businesses and employers. Here are some of the tax-related provisions in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Employee Retention Credit The new law provides a refundable payroll tax credit for 50% of wages paid … Continue reading “CARES Act: New COVID-19 Law Providing Businesses with More Relief”