On Friday March 27, 2020, the President signed into law the bipartisan proposal for Coronavirus Aid, Relief, and Economic Security Act (known as the "CARES Act"). The CARES Act is a massive $2.2 trillion dollar stimulus package that contains a number of provisions to assist the United States economy combat the impact of COVID-19. Our alert will summarize some of the relief provisions contained in the CARES Act.
>> Click here to download and read our comprehensive summary. Included in the PDF, you can navigate easily to any of the sections below:
- Relief for Employers
- Relief for Property Owners
- Bankruptcy Relief for Small Businesses
- Relief for Health Care Providers
- Relief for Schools and Educational Institutions
- Corporate and General Business Tax Relief
- Retirement Plan Relief
- Health and Welfare Plan Relief
- Relief for Nonprofit Organizations
- Relief for Individuals
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.