What the CARES Act means for employers has been saved
What the CARES Act means for employers
Part of the Tax News & Views podcast series
Jonathan Traub discusses some of the areas of interest to recovery planning tax departments found in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). This includes a focus on the temporary provision allowing companies to delay the deposit of payroll taxes to the government.
- Tax podcast: CARES Act tax implications for employers
- Subscribe to Tax News & Views
- Get in touch
- Join the conversation
Tax podcast: CARES Act tax implications for employers
April 4, 2020
On this episode of our tax podcast, we take a look at areas in the CARES Act important to taxpayers, from the temporary provision allowing companies to delay the deposit of payroll taxes to the government to the Paycheck Protection Program. Deloitte Tax Policy group leader Jonathan Traub talks about what employers need to know about them.
We also discuss the importance of focusing on guidance for implementation and what additional legislation might be on the way.
The law as written is one thing. The law as implemented is something else entirely. And we are seeing federal agencies now try to put the CARES Act into regulatory language and into guidance and applications for loans, etc. And those details really matter a lot.
Subscribe to Tax News & Views
There are plenty of tax-related policy and regulatory updates these days. Clear-eyed analysis of it is more difficult to come by. Deloitte Tax News & Views is a tax podcast committed to making sure you understand the latest tax developments and opportunities and their potential impact on your business.
Listen as Deloitte Tax specialists provide key highlights of tax legislation, regulation, and more.