How will Pandemic-Generated Tax Programs Impact Small Businesses in 2022?
Two major pieces of tax legislation passed in the years 2020 and 2021, during the height of the Covid-19 pandemic – the Coronavirus Aid, Relief, and Economic Security Act (CARES) and its offspring, the Paycheck Protection Program (PPP). Also gaining congressional approval was the Coronavirus Response and Consolidated Appropriations Act. All were intended to provide…