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Coronavirus Economic Response Update: COVID-19 Negotiations Still Stalled

This weekly newsletter outlines the latest developments in Washington, including major tax, small business and financial services developments in the negotiations on Phase Four legislation and regulatory guidance from various...more

Coronavirus Economic Response Update: White House Acts as Negotiations Stall

What to Expect—the Next Economic Recovery Package - Hear Ye, Here Ye! On Saturday, President Trump took executive action to defer payroll taxes, set up an assistance program for lost wages to supplement unemployment...more

Coronavirus Economic Response Update: Phase Four Pushed to July

Congress continues to debate legislative proposals related to the next COVID-19 package, though a final package is not expected until late July. This weekly newsletter outlines the latest developments in Washington, including...more

Coronavirus Economic Response Update: Competing Priorities Cloud Phase Four

Last week, House Democrats unveiled and passed the Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES) Act, a $3 trillion stimulus package to address the effects of COVID-19 on businesses, state and local...more

Analysis of Economic Provisions in HEROES Act

On May 12, House Democrats unveiled the Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES) Act. Democratic leadership intends to bring the legislation to the floor for a vote on Friday. The bill is the...more

CARES Act Employee Retention Tax Credit Guide for Employers

The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides access to a tax credit for employers whose businesses have been impacted by COVID-19. Referred to as the Employee Retention Tax Credit (ERTC), the credit...more

Analysis of Senate-Passed CARES Act

On March 25, the Senate approved a $2 trillion stimulus package, the Coronavirus Aid, Relief, and Economic Security Act, to address the economic and health impacts of the COVID-19 pandemic. The bill now moves to the House for...more

Coronavirus Economic Update - March 2020 #3

As the U.S. economy grinds to a halt, the Senate’s Phase Three negotiations have continued past the Republicans’ self-imposed deadline. In the meantime, House Democrats have unveiled Phase Three legislation of their own,...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

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