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Client Alert: How Employers May Defer Social Security Tax Payments Under Section 2302 of the CARES Act

On April 10, 2020, the IRS issued a set of frequently asked questions (“FAQ”) with more detailed guidance on how employers may defer Social Security tax payments under Section 2302 of the Coronavirus Aid, Relief and Economic...more

Client Alert: IRS Provides Guidance on Claiming Payroll Tax Credits

The IRS has now provided employers with detailed guidance on how to take advantage of the refundable tax credits for qualified sick and family leave wages and the employee retention credits created by the Families First...more

CARES Act: Shumaker Legal & Legislative Summary

SBA LOANS - PAYCHECK PROTECTION PROGRAM - SBA LOAN PROGRAM - The Coronavirus Aid, Relief, and Economic Security (“CARES”) Act has passed the Senate, the House, and has been signed into law by the President on March 27,...more

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