As the COVID-19 pandemic has affected life in ways we couldn’t imagine, the deadly virus and efforts to contain the spread have prompted a significant government response. The CARES Act is intended to combat the economic risks associated with a slowdown in individual spending, and helps businesses of all sizes avoid closures and employee layoffs. It also provides necessary funds to help support states and municipalities. Some of the notable provisions include:
For more detailed information, view the .PDF below.
Looking for the more information on the CARES Act regarding businesses? Find it here.