COVID-19: Tax Issues Addressing Pandemic Relief and Extenders Feature Prominently in Year-End Legislation

After several months of halting negotiations, Congress passed the Consolidated Appropriations Act, 2021 (the Act) late in the evening on December 21, 2020. The Act includes omnibus appropriations language to fund the government through September 30, 2021, COVID-19 relief, and a variety of other legislative priorities. This alert provides a high-level summary of the Act’s many tax provisions affecting corporations, organizations, and individuals....
By: K&L Gates LLP

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