What You Need to Know About Individual Taxpayer and Small Business Relief Under the CARES Act4/10/2020 Read directly from the source.
The Coronavirus Aid, Relief and Economic Security (CARES) Act recently signed into law is the largest emergency aid package in US history and will provide $2 trillion to individuals and businesses during this uncertain time. According to the Tax Policy Center, about 90% of Americans will receive money under this act.
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04/01/2020 by Sam Cozzi
The COVID-19 pandemic has created havoc for many of our businesses. Aside from the very serious and tragic health consequences, many people are also experiencing reduced or loss of their income and businesses have a drastic drop in revenue due to shut downs and restructuring. Our government has pulled a few resources that could really help many. While individuals can ask for unemployment and social assistance, there are also grants and loan programs available for businesses. Click on the link to read, directly from the U.S. Senate Committee on Small Business and Entrepreneurship, the guidelines to the CARES ACT. Here you will find important resources. |
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April 2020
CategoriesAuthorSam S. Cozzi, Jr. is a family man, for whom inspired him to be the man he is today. To provide for his family he followed his interests which led him towards his career as a tax professional. |