News & Analysis as of

U.S. Treasury Tax Credits Relief Measures

Skadden, Arps, Slate, Meagher & Flom LLP

Observations on Notice 2023-80: The Treasury Department and IRS’ Preliminary Guidance on the Interaction of Foreign Tax Credit and...

On December 11, 2023, the Department of the Treasury (the Treasury Department) and the Internal Revenue Service (IRS) released much-anticipated guidance in Notice 2023-80 (Notice) announcing their intention to issue proposed...more

Lowenstein Sandler LLP

Paycheck Protection Program: FAQs For Microbusinesses - UPDATED March 2021 #3

On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more

Schwabe, Williamson & Wyatt PC

CARES Act Questions for the Real Estate and Construction Industry - Update #5

Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act1”), the Paycheck Protection Program and Health Care Enhancement Act (“PPPHCE Act”),...more

Schwabe, Williamson & Wyatt PC

CARES Act Questions for the Agricultural Industry - Update #3

Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act1”), the Paycheck Protection Program and Health Care Enhancement Act (“PPPHCE Act”),...more

Lowenstein Sandler LLP

FAQs on Pandemic-Related Issues for Small Businesses and Nonprofits

Lowenstein Sandler LLP on

This resource was prepared by Lowenstein Sandler for informational purposes only. It is not intended to give, and should not be relied upon for, legal advice in any particular circumstance or fact situation. Use of this...more

Vinson & Elkins LLP

Treasury Agrees To Extend Tax Credit Safe Harbor For Wind And Solar Projects But Is Silent On Specifics

Vinson & Elkins LLP on

In a letter dated May 7, 2020 to a bipartisan group of senators, the Treasury Department has indicated that it plans to modify the continuity safe harbor for tax credits on wind and solar projects currently under...more

Polsinelli

Whitepaper On The Federal Reserve’s Main Street Business Lending Program As of April 3, 2020

Polsinelli on

On March 23, the Federal Reserve announced new measures it would be taking to support the credit markets and the broader economy in the face of the economic and credit disruption caused by the COVID-19 pandemic and related...more

Fox Rothschild LLP

IRS Issues Guidance On Tax Credits For Required Paid Leave Under FFCRA

Fox Rothschild LLP on

The IRS has posted 66 detailed FAQs regarding the COVID-19-related tax credits for small and midsize businesses under the Families First Coronavirus Response Act (FFCRA). The FFCRA provides new employee leave benefits,...more

Mintz - ML Strategies

What You Need to Know: State and Federal Updates Related to COVID-19

Mintz - ML Strategies on

...On Monday, House Speaker Nancy Pelosi, Majority Whip James Clyburn, Transportation & Infrastructure Committee Chairman Peter DeFazio, and Energy & Commerce Committee Chairman Frank Pallone held a press conference on a...more

Brownstein Hyatt Farber Schreck

Five Big Things to Watch in CARES Act Implementation

The CARES Act, which appropriated approximately $2 trillion to save the American economy, was written in just under a week, reflecting Congress’s bipartisan urgency in mitigating COVID-19’s economic toll on workers and...more

ArentFox Schiff

Treasury and IRS Release FAQs On Paid Sick and Family Leave Tax Credits for Small and Mid-Size Employers

ArentFox Schiff on

The U.S. Department of the Treasury and the Internal Revenue Service have published more information on refundable tax credits that reimburse small and mid-size employers, on a dollar-for-dollar basis, for the cost of...more

Constangy, Brooks, Smith & Prophete, LLP

Good News From The Government About Families First Coronavirus Response Act

The U.S. Department of the Treasury, the Internal Revenue Service, and the U.S. Department of Labor issued a joint communication on Friday about the Families First Coronavirus Response Act. For the first 30 days after the...more

Locke Lord LLP

Federal and State Governments Begin to Provide Economic Assistance via Tax Relief in the Face of COVID-19 Economy Disruptions

Locke Lord LLP on

Updated on March 20, 2020, 9:00 PM CDT - U.S. Treasury and States Tax Authorities Extend Due Dates - On March 20, 2020, the U.S. Treasury expanded taxpayer relief by extending the filing date by 90 days for Federal income...more

Katten Muchin Rosenman LLP

COVID-19: Families First Coronavirus Response Act

Key Points - In the wake of the rapidly escalating coronavirus (COVID-19) pandemic, President Trump signed into law the Families First Coronavirus Response Act (H.R.6201). The wide-ranging legislation enacts a number of...more

Foley Hoag LLP

Swift 100% Reimbursement to Employers for Emergency Paid Sick and Family Leave

Foley Hoag LLP on

Now that the devastating scope of the COVID-19 pandemic has become clear, the United States government is responding rapidly to address both its health care and economic impacts. Two emergency supplemental appropriations...more

Stinson LLP

IRS and Other Federal Agencies Provide New Guidance on Paid Leave Tax Credits

Stinson LLP on

The U.S. Treasury Department, Internal Revenue Service (IRS) and the U.S. Department of Labor (DOL) collectively, the "agencies," issued a press release Friday, March 20 updating employers required to provide paid leave to...more

16 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide