Summary of CARES Act Stimulus Bill

On Friday, March 27th, President Trump signed into law the historic $2 trillion stimulus bill (aka The CARES Act – Coronavirus Aid, Relief, and Economic Security Act). Below are highlights of this bill and how it affects everyone, including small business owners and retirees. 1. STIMULUS PAYMENTS: Individuals whose adjusted gross income (AGI) in 2019 (2018 numbers …

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