Many aspects of business changed over the last three months. Between shelter in place orders, a slowing economy, and regulatory changes under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), we will feel the effects for months. At first glance, certain areas of tax law, such as the R&D Tax Credit, do not change considerably with these regulations. On Episode 17 of McGuire on the Wire, Dave provides insight on the Paycheck Protection Program (PPP) and how the R&D Tax Credit could be affected.
Don’t have time to listen? Check out McGuire on the Wire Episode 17 blog here