Q: What are the key tax provisions in the CARES Act?

A. Along with financial assistance for individuals, the health care system, state and local governments, businesses, and other entities, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) provides significant tax relief to individuals, businesses and other employers to help them weather the coronavirus (COVID-19) pandemic.

A quick look

Here’s a quick look at some of the tax-related CARES Act provisions that may affect you:


Businesses and other employers

Help during a challenging time

This is just a brief overview of the tax-related provisions of the CARES Act. Contact your tax advisor for more details on these provisions and how they might help you during this challenging time.

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