Tuesday, August 11, 2020
Recently Enacted Employment Tax Credits
With the Payroll Protection Program dominating the headlines, businesses may not be paying as much attention to some other provisions of the recently passed tax acts. Here is a quick highlight of the employment tax credits recently enacted. Families First Coronavirus Response Act: The Families First Coronavirus Response Act went into effect on April 1 and continues until December 31, 2020 for employers with less than 500 employees. There are two main provisions in the act: The first provision expands
