Employee retention credits (ERCs) have been a critical financial lifeline for businesses dealing with the effects of COVID-19. Designed to incentivize businesses to retain employees during the economic downturn caused by...more
On February 14, 2024, in Schaad v. Alder, the Supreme Court of Ohio upheld the constitutionality of a temporary Ohio law allowing municipalities where a principal place of business was located to collect income tax from...more
3/8/2024
/ Constitutional Challenges ,
Coronavirus/COVID-19 ,
Due Process ,
Home Rule States ,
Income Taxes ,
Municipalities ,
Non-Residents ,
OH Supreme Court ,
Payroll Taxes ,
Principal Place of Business ,
Remote Working ,
State Constitutions ,
Tax Refunds
On August 8, 2020, President Trump issued a memorandum with the stated purpose of providing “further temporary relief...to support working Americans” by enabling the deferral of employee Social Security taxes for specific...more
Following the enactment of the Paycheck Protection Program Flexibility Act of 2020, the Internal Revenue Service (IRS) updated its frequently asked questions (FAQs) to state that employers whose Paycheck Protection Program...more
On April 29, 2020, the Internal Revenue Service (IRS) provided additional guidance on the employee retention credit (ERC) available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act via new frequently asked...more
On March 18, 2020, the U.S. Senate passed the second in a series of bills in response to the COVID-19 outbreak within the United States. President Donald Trump signed the bill (H.R. 6201) into law later that evening....more