Coronavirus Aid, Relief, and Economic Security Act: Impact Summary
March 29, 2020
On Friday, March 27th, the President signed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act” or “Act”) into law. This sweeping legislation is the most significant stimulus package in our nation’s history and it has far-reaching impacts.
Our partner, Lou Vlahos, has prepared a comprehensive summary of the Act’s key provisions. Of course, the implementation of many of the initiatives included in the Act will require rule making and regulation.
The summary presented in this special report is intended to be just that — a summary of this very complex legislation. We hope that it will be a useful resource to you, but it is not meant to be legal advice. If you have specific questions regarding the Act, please consult with your professional advisors. Of course, we will continue to monitor developments and we are here to assist you in understanding the Act’s impact on you and your business.
To access this special report, find the PDF here: Coronavirus Aid, Relief, and Economic Security Act Impact Summary
If you would like to discuss how the $2 trillion CARES Act affects you and your business, please do not hesitate to contact Lou Vlahos, Tax Partner at Farrell Fritz or your Farrell Fritz Relationship Partner.
For additional resources, please visit our COVID-19 Crisis Response and Help page.
View the PDF