COVID-19 Payroll Tax Credit & Incentive Guide

Comparing the options

The Familes First Coronavirus Response Act (FFRCA) and the Coronavirus Aid Relief, and Economic Security Act (CARES) carry their own opportunities for payroll tax credits and incentives.

The Hertzbach Tax Department has designed the COVID-19 Payroll Tax Credit & Incentive Guide to help you compare the available tax credits and determine which option may be best for your business. Within each opportunity lies unique instructions and limitations. Our goal was to lay this out for you in a useful format that will help you compare the available COVID-19 tax credit options.

This chart was last updated on 4/14/20 after the IRS issued additional information on the delay of employer payroll tax.

Please note: This guide is for hypothetical purposes only. We encourage you to speak to a trusted professional prior to making any decisions.

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