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The Paycheck Protection Program ( PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations, and tribal businesses continue paying their workers.
The American Institute of Certified Public Accountants ( AICPA) is the national professional organization of Certified Public Accountants (CPAs) in the United States, with more than 428,000 members in 130 countries.
American Taxpayer Relief Act of 2012. An act to extend certain tax relief provisions enacted in 2001 and 2003, and to provide for expedited consideration of a bill providing for comprehensive tax reform, and for other purposes. The American Taxpayer Relief Act of 2012 ( ATRA) was enacted and passed by the United States Congress on January 1 ...
Trump said his administration will ask Congress to pass payroll tax relief and other measures as a public health and economic maelstrom drew closer.
PPP caps payroll costs at $100,000 on an annualized basis per employee.
Payroll tax; Internal Revenue Service (IRS) ... the General Accounting Office prepared a report critical of ... The Independent Office of Appeals is an independent ...
In the United States, payroll taxes are assessed by the federal government, many states, the District of Columbia, and numerous cities. These taxes are imposed on employers and employees and on various compensation bases.
Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their employees. [1] By law, some payroll taxes are the responsibility of the employee and others fall on the employer, but almost all economists agree that the true economic incidence of a payroll tax is ...
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