On March 27th, 2020 President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. With a $2.2 TRILLION price tag, the bill is the most expensive piece of legislation ever passed! The bill looks to make a significant impact on the economy by providing loan forgiveness, supporting small businesses, enhancing unemployment insurance, and providing federal loans to industries severely impacted by the pandemic. In addition, it provides tax relief and tax incentives for individuals and businesses alike! Click below to read more on the CARES Act.
The COVID-19 crisis is continuously changing every aspect of life as we know it. As the Government continues to work around the clock to provide aid we will continue to keep you updated on any changes! As always if you have any questions we are here to help!
Mike, Katie & Marc