CARES ACT 2020

Last Friday congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act which is a massive stimulus package to provide relief for families, individuals, small businesses, and other parts of our economy affected by the COVID-19 outbreak. The CARES Act has various benefits from direct payments for individuals and families, loans and tax breaks for small businesses, and emergency lending to big businesses and governments (local & state). Below we have highlighted several aspects of the Act which we thought may be a benefit to you and your family during these difficult times.