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