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Click here to go backThe Coronavirus Aid, Relief, and Economic Security Act,
“The CARES Act” provides tax relief to individuals and businesses
After days of furious negotiations, Congress has passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The $2.2 trillion price tag for tax relief and incentives for individuals and businesses makes it the most expensive piece of legislation ever passed. It includes the greatly anticipated provision for recovery rebate credits to individuals. Here are some of the major aspects of The CARES Act.
You may have many questions about how this will affect you and your taxes.
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Anderson, Spector and Co PC