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Tax & Compliance

The CARES Act – a Comparison of the Paycheck Protection Program & the Economic Injury Disaster Loan

On Friday, March 27th, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act, (CARES Act), a $2 trillion stimulus package to mitigate the impact of the Coronavirus pandemic. For small business owners (defined as less than 500 employees) the CARES Act created the Paycheck Protection Program (PPP), a $349 billion loan … Continue reading The CARES Act – a Comparison of the Paycheck Protection Program & the Economic Injury Disaster Loan

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Tax & Compliance

Can you benefit from the CARES Act recently signed into law?

On Friday, March 27th, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act, (CARES Act), a $2 trillion stimulus package to mitigate the impact of the Coronavirus pandemic. For individuals and families, the CARES Act includes stimulus payments of $1,200 for each individual and $500 for each dependent child (defined by … Continue reading Can you benefit from the CARES Act recently signed into law?

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