CARES Act Unveils New and Lucrative Tax Code Changes for Businesses

Jace T McDonald, the best-selling author, entrepreneur and a qualified estate planner is pleased to share the new guidelines of the CARES Act passed by Congress on March 27th 2020. CARES or Coronavirus Aid, Relief and Economic Security Act was passed by the US Congress in response to the unfortunate economic fallout due to the ongoing pandemic. CARES Act was formed with an aim to offer financial relief to employees and businesses facing economic hardship because of the outbreak. Business owners hire professional who can handle their CPA and tax works. These professionals were hit with over 3000 changes from the last government to the current administration. More and more change have occurred such as tax code changes in JOBS act and the current CARES Act.