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It also expands the ertc and contains technical corrections.
Stimulus bill cares act extension. The relief bill also calls. The bill does allow private sector employers and self employed individuals to claim the tax credit for voluntarily providing emergency paid leave that is provided through march 31 2021. Pandemic emergency unemployment compensation from the cares act added an additional 13 weeks funded by the federal government but another stimulus bill with unemployment insurance would need to.
The package also calls for an 11 week extension of the cares act program that allowed gig workers and independent contractors to qualify for unemployment benefits. One of the hallmarks of the cares act the original covid relief bill passed back in march was the additional federal unemployment insurance that provided those who lost their jobs with 600 a. The provision extends the termination of the tdr provision of the cares act to january 1 2022.
An extension for state spending. 1 2021 and through june 30 2021 the provision does the following. The package continues a cares act program that allows contractors to keep employees on the.
Extends and expands the cares act employee retention tax credit ertc. Breaking down the 900b stimulus package and 1 4t omnibus bill. Employee retention tax credit modifications.
The bill extends the cares act employee retention tax credit ertc through june 30 2021.
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