Tax,
Labor/Employment
Apr. 24, 2020
Employment tax relief for small businesses in a COVID-19 world
Since the coronavirus pandemic hit the United States, Congress has enacted several legislative packages aimed at providing financial relief to businesses in the form of loans, increased tax deductions, and refundable tax credits.
Maureen Linch
Senior Associate
Morrison & Foerster LLP
Maureen counsels clients in matters of U.S. federal income taxation.
Since the coronavirus pandemic hit the United States, Congress has enacted several legislative packages aimed at providing financial relief to businesses in the form of loans, increased tax deductions, and refundable tax credits. Many businesses have taken advantage of the forgivable loans provided under the Paycheck Protection Program in the Coronavirus Aid, Relief, and Economic Security Act that Congress enacted at the end of March. Once the Paycheck Protection Prog...
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