Senate Passes Updated Economic Relief Plan (CARES Act) for Individuals and Businesses

By Multiple Authors at The Tax Foundation

As many of you have seen, the Senate recently passed the CARES Act. While it is not yet final and may still undergo a few structural changes, the essence of the bill is in place and individuals and businesses can start assessing how it impacts them.

There is A LOT to digest, and we will certainly explore how this impacts each of your plans, but there will likely be something in this bill that effects everyone, even if minimally. You can read a decent summary of the bill in a piece the Tax Foundation put together yesterday…. Read More