Democrats are considering bringing back a tax benefit meant to help smaller businesses, nonprofits and their employees weather the COVID-19 pandemic.
Senate Small Business Chair Benjamin L. Cardin, D-Md., said senators are considering putting the employee retention tax credit back in place after retroactively cutting it off at the end of September. While key Democrats are interested, critical Republican backing remains uncertain.
Attention to the program comes as the omicron variant has triggered a surge in cases and as small businesses and nonprofits are lobbying to get the aid back.
