The new COVID-19 law provides businesses with more relief

(CARES ACT), COVID-19, Employees, Payroll Tax, Small Business, Social Security & Medicare (FICA) taxes, Tax Cuts and Job Acts (TCJA) /

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 […]

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