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FAQ: Employee Retention Credit For Employers Under CARES Act

Eligible employers may take an immediate and refundable credit against the employer portion of their Social Security payroll tax equal to 50% of qualified wages. Below, we have summarized key information business owners need...more

IRS Issues Press Release Regarding Tax Credit and Related Issues On Families First Coronavirus Response Act

The joint press release on March 20, 2020 from the IRS and the DOL foreshadows several important pieces of guidance that the agencies intend to release this week. The following summarizes what the agencies intend to include...more

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