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Business Tax Relief Provided By The CARES Act

BenefitsPRO | April 16, 2020
By John Eagan and L. Stephen Bowers

The Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, contains several business relief provisions, including an employer payroll tax deferral and a companion provision allowing an employee retention credit.

Tax and Estates Partner John Eagan and Counsel Stephen Bowers provide guidance on what these deferrals and credits mean, and how businesses can use them to get relief during the COVID-19 pandemic here.

This correspondence should not be construed as legal advice or legal opinion on any specific facts or circumstances. The contents are intended for general informational purposes only, and you are urged to consult a lawyer concerning your own situation and legal questions.
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