WYCOTAX Presents: 5 IRS Emergency Business Funds under the CARES Act
Two COVID-19 legislations gave generous tax incentives for employers through payroll tax and business losses. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed on March 27, 2020, it was a supplement to Families First Coronavirus Response Act (FFCRA), signed March 18, 2020. The following emergency funds include:
The August 5, 2020 Seminar will cover Payroll Credit for Sick Leave
Two weeks (up to 80 hours) of paid sick leave at the employee's regular rate of pay where the employee is unable to work because the employee is quarantined.