Recent Stimulus Laws Provide Tax Benefits for Employers That Pay Employees’ Student Loans
Two recently-enacted stimulus laws, the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Consolidated Appropriations Act (CAA), provide that an employer may be eligible for tax benefits if the employer makes payments toward its employees’ student loans in certain circumstances. Employers and employees can avoid paying federal payroll taxes on an employee’s student […]
