Judy Mason offers answers to common questions surrounding the Coronavirus Aid, Relief, and Economic Security Act, enacted last month.
On March 27, 2020, President Trump signed into law the CARES Act – worth more than $2.2 Trillion – to help stimulate the economy reeling from the effects of the Coronavirus.
What are the aspects of the CARES Act that can help my business (and my employees)? Loans and payroll credits along with unemployment benefits, including the Paycheck Protection Program loans (PPP), emergency Economic Injury Disaster Loans (EIDL), refundable payroll tax credits, deferment for some payroll tax payments, and enhanced unemployment benefits