Congress Passes COVID-Related Tax Relief
By EsqSocial Corporation 04/01/21
On December 27, 2020, the President signed the Consolidated Appropriations Act, 2021 (“Act”). Within the Act’s 5,593 pages are two separate Acts that provide credits and other tax relief to taxpayers affected by the coronavirus: the “COVID-related Tax Relief Act of 2020” and “Taxpayer Certainty and Disaster Tax Relief Act of 2020.” While a full summary of the Act is beyond the scope of this alert, the following is a brief summary of some provisions of the Act directly relating to COVID tax...
By: Roetzel & Andress