X
19Nov

IRS Clarifies Interaction Between Paycheck Protection Program and Employee Retention Tax Credit in M&A Deals

Under the CARES Act, an employer otherwise eligible for employee retention credits (“ERC”) is denied such credits if it participates in a Paycheck Protection Program (“PPP”) loan....
By: Hodgson Russ LLP
Source Url: https://www.jdsupra.com/legalnews/irs-clarifies-interaction-between-51591/

Related

The USDOL Issues a Proposed Rule to Clarify and Amend the Fluctuating Workweek Method of Overtime Compensation

On November 5, the U.S. Department of Labor published a proposed rule in the Federal Register to pro...

Read More >

New York Employers Should Prepare Now for Upcoming Increases to Minimum Wage and Exemption Thresholds

As the year end is quickly coming, employers are reminded of minimum wage increase and exemption thr...

Read More >

Try To Restrain Yourself: California Is Temporarily Restrained From Enforcing Arbitration Ban

Remember California’s new ban on mandatory workplace arbitration agreements? The Eastern District o...

Read More >

Board Invokes Sensibility When Determining When An Employer Can Withdraw Recognition From A Union Upon Expiration Of A CBA

Seyfarth Synopsis: In a 3-1 decision, the National Labor Relations Board (“Board”) in Johnson Cont...

Read More >

Avoiding Pitfalls When Trying to Offer Benefits That Exceed the FMLA’s Mandate

On March 14, 2019 the Department of Labor issued an opinion letter considering whether employers vio...

Read More >

H-1B Hurdles Blocking the Pathway to the US

Changes to the H-1B program threaten the efficacy of the system, as well as the path to the U.S. for...

Read More >