CARES Act Summary: What You Need To Know About the $2.2 Trillion Stimulus
Articles by: Richey May, Mar 27, 2020
The economic impact of COVID-19 has pushed the federal government to act to curb the negative effects on individuals and businesses.
The Coronavirus Aid, Relief and Economic Security (CARES) Act represents the most expensive piece of legislation ever enacted and is likely to affect every American citizen and business in some way, with provisions for loan forgiveness, supporting small businesses, enhancements to unemployment insurance and tax deferral.
For your convenience, we have included a link to a three page summary of this lengthy legislation with helpful call outs on key points of significant impacts.
Download the summary below and contact us with comments or questions. We are focused on helping our clients understand the impacts of this bill as it applies to their business and future.