By Sidney Kess
The CPA Journal
April 2020
The Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748), signed into law on March 27, 2020, is a $2.2 trillion package enacted to help individuals and businesses get through the health and economic crisis triggered by the coronavirus pandemic. The act is extensive and affects not only taxes in 2020, but those in prior years as well. Because of the huge scope of the act, this article covers only tax rules.
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Published with permission from The CPA Journal.
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