Article Date:
April 2020


Word Count:
1164

 

 

COVID-19: Important Tax Breaks from the CARES Act


Due to the COVID-19 pandemic, Congress wants to help you and your business survive financially.

 

And, of course, Congress decided to use the tax law to get cash in your pocket immediately.

 

Thanks to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), just passed by Congress and signed by the president, we have new tax provisions—and some are retroactive to 2018, meaning you might find tax refunds from your previously filed tax returns!

 

We’ve plucked out the important tax breaks to help you get the most cash out of this law that Congress just passed. ... Log in to view full article.

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