COVID-19 Tax Credits and Look-back Period Extension
For a limited time, employers have a "second chance" to receive Work Opportunity Tax Credits (WOTC) Due to the Coronavirus pandemic, there are new tax credits available to some employers. Both the Families First Coronavirus Response Act (FFCRA), signed March 18, 2020, and the Coronavirus Aid, Relief, and Economic Security Act (CARES), enacted March 27, 2020, can provide payroll-related credit to help some business. Employee [...]