What can the CARES Act’s tax provisions do for your business?

Description

Abstract: Tax breaks, including many provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, are one set of tools that can help businesses rebuild their financial health after the economic downturn resulting from the coronavirus (COVID-19) pandemic. This article looks at several provisions designed to aid businesses, including a new refundable credit against payroll tax and increased business interest deductions.