At a Glance: Tax Provisions in New Federal COVID-19 Relief Bill
The new federal COVID-19 bill contains several tax-related provisions for businesses. They include:
- An enhanced employee retention credit;
- An extension for employers to repay their share of any deferred Social Security tax;
- Credits for paid sick and family leave; and
- Several tax extenders.
Read more in this summary from OMA Connections Partner CliftonLarsonAllen. 12/23/2020