CARES Act includes tax relief for individuals and businesses

Massive coronavirus (COVID-19) relief/stimulus legislation addresses retirement plans, charitable giving, payroll taxes, business losses and more.

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New tax credit for certain
COVID-19-related paid leave

The Families First act requires covered employers to provide paid leave in certain situations. A corresponding tax credit is available to help employers fund the additional cost.

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April 15 deadline postponed
to July 15

You now have more time to file your 2019 federal income tax return and pay taxes due.

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"Extenders" and the SECURE Act change tax and retirement planning

The Further Consolidated Appropriations Act, 2020,
extends certain tax provisions and introduces the
Setting Every Community Up for Retirement
Enhancement (SECURE) Act.

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