Apr 3, 2020 | COVID-19 Response, Firm Updates
On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law by President Trump in an effort to provide economic relief in the wake of the COVID-19 (Coronavirus) pandemic. Below, we outline the changes to bonus...
Apr 3, 2020 | COVID-19 Response, Firm Updates
UPDATED September 29, 2020 – New guidance has changed the handling of Net Operating Losses following the CARES Act of 2020. Read our blog update here. ORIGINAL POST – On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act...
Apr 3, 2020 | COVID-19 Response, Firm Updates
The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law by President Trump on March 27th, 2020 enacted numerous changes to unemployment benefit assistance in the United States. In this blog, we detail some of the main changes to the program....
Apr 1, 2020 | COVID-19 Response, Firm Updates
The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law by President Trump on March 27th, 2020 established a deferral program of certain payroll taxes for employers affected by the COVID-19 (Coronavirus) pandemic. Deferral Basics Payment of...
Apr 1, 2020 | COVID-19 Response, Firm Updates
The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law by President Trump on March 27th, 2020 established a refundable credit against an employer’s payroll and railroad taxes for employers who were affected by COVID-19 (Coronavirus) but...
