The coronavirus is impacting your business and it is important to understand the multiple opportunities available to ease your tax burden. Congress recently passed both the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Combined, these two acts provide multiple relief programs designed to alleviate employee expenses and help businesses weather the economic storm created by the coronavirus. While each benefit has its pros and cons, many are mutually exclusive, and organizations will need to determine what makes the most sense for them.
View the on-demand webinar to find out more about the programs’ tax opportunities available for your business:
For more information on this topic, or to learn how Baker Tilly’s Value Architects™ can help, contact our team.