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Coronavirus Economic Response Update: The Road to Recovery

As an increasing number of governors plan to reopen state economies, Congress is under pressure to pass a fourth stimulus package to help businesses and individuals navigate economic recovery. This weekly newsletter outlines...more

Opportunities for Small Business in the CARES Act of 2020 - Update April 2020

The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides assistance to small businesses impacted by COVID-19. Congress did not, however, provide a one-size-fits-all solution. Instead, small businesses must...more

IRS FAQs Allow Taxes Withheld from Employees’ Wages to Fund Leave and Wage Payments

The Internal Revenue Service (IRS) recently provided guidance, in the form of frequently asked questions (FAQs) related to the refundable payroll tax credits for the paid family and sick leave required to be provided by...more

The Coronavirus Aid, Relief and Economic Security (CARES) Act

On Thursday, March 19, Senate Republicans unveiled the Coronavirus Aid, Relief and Economic Security (CARES) Act (S.5348), their opening bid for Phase Three relief negotiations. This memo provides a summary and analysis of...more

Mnuchin Announces Further Administration Steps to Combat Coronavirus

At today’s White House Coronavirus Task Force press briefing, Treasury Secretary Steven Mnuchin announced that earlier in the day, President Trump approved a 90-day extension of the tax filing deadline, subject to the...more

Coronavirus Economic Stimulus Package

Lawmakers are now negotiating two legislative packages—the Families First Coronavirus Response Act (H.R.6201) and a third stimulus bill that remains in the drafting phase—aimed at spurring the U.S. economy and helping...more

Coronavirus Economic Update - March 2020

As lawmakers continue negotiating the Phase Two and Phase Three economic stimulus packages, the Trump administration has further refined its own plan, which now includes extending the tax payment deadline and providing checks...more

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