As we have previously discussed, the CARES Act created the Paycheck Protection Program, pursuant to which employers may be able to obtain loans (“PPP loans”) to help cover business expenses during the COVID-19 pandemic. Under...more
On April 10, 2020, the Internal Revenue Service (“IRS”) released frequently asked questions (FAQs) to address specific issues relating to the deferral of the employer portion of Social Security taxes under the Coronavirus...more
On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), the third and by far the largest stimulus package passed by Congress to respond to the COVID-19 outbreak. As discussed...more
4/2/2020
/ CARES Act ,
Employee Benefits ,
Financial Stimulus ,
Healthcare ,
Lenders ,
Net Operating Losses ,
Payroll Taxes ,
Pensions ,
Relief Measures ,
Small Business ,
Tax Relief