The U.S. Joint Committee on Taxation has published the Description of the Tax Provisions of Public Law 116-136, The Coronavirus Aid, Relief, And Economic Security (CARES) Act, which was signed and enacted on 27 March 2020. For each provision of the Act, the report includes a description of present law, a description of the provision, and the effective date. With respect to business provisions, this includes the following provisions: Employee Retention Credit for Employers Subject to Closure due to COVID-19, which is effective on the date of enactment. Delay of Payment of Employer Payroll Taxes, which is effective on the...