Dear Clients –
As many of you are aware, the President signed the Consolidated Appropriations Act 2021 which includes COVID-related Tax Relief Act of 2020. You can read the entire act here. We are going to focus on the COVID-related portion. We attended a webinar on the new Act and are using some of their presentation slides to provide information. This is a summary list of the changes.
BUSINESS – Highlights. You can read a more detailed summary here