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The CARES Act brings help for both individuals and businesses amid coronavirus pandemic

The recently passed Coronavirus Aid, Relief and Economic Security (CARES) Act [1] builds upon earlier versions of the CARES Act and is intended to be a third round of federal government support in the wake of the coronavirus public health crisis, succeeding the $8.3 billion [2] in public health support passed two weeks ago and the Families First Coronavirus Response Act [3].  The CARES Act provides support to both individuals and businesses, including changes to tax policy. The bill includes::

For more information on how you or your business can take advantage of the benefits offered by the CARES Act, contact your ShindelRock tax professional.