New COVID-19-Related Payroll Tax Credits

Employee Retention Credit under CARES Act
https://www.irs.gov/newsroom/faqs-employee-retention-credit-under-the-cares-act

FFCRA tax credit
https://www.irs.gov/newsroom/covid-19-related-tax-credits-for-required-paid-leave-provided-by-small-and-midsize-businesses-faqs#specific

Qualified employer no need apply from any bank or IRS but deduct directly from the payroll tax deposit. Immediately improve the cash flow starting second-quarter 2020!


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