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Compensation and employee benefit provisions under CARES Act

March 2020

Overview

Senate passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The Act provides tax credits and other liquidity to employers and employees. Businesses consider the opportunities provided under the Act in response to COVID-19.

The takeaway

The CARES Act provides important tax credits and other liquidity to employers and employees. Employers should carefully consider the opportunities provided under the Act.

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Craig O’Donnell

Partner, Workforce Transformation Leader, PwC US

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