What You Should Know About the CARES Act

We’ve unpacked the information for you.

 

In response to the coronavirus pandemic, the CARES Act was signed into law on Friday, March 27, 2020.  The Spiegel team has compiled the necessary information within two separate documents regarding:

 

  • postponed dates for tax filings, payments and program contributions; and
  • resources for financial relief and assistance for individuals and businesses

 

There are time limits in which to take advantage of certain benefits.

 

We encourage you to review both of the attached information sources (links below) and contact us if you have any questions.

CARES Act Information
CARES ACT Overview of PPP and EIDL

 

 

Any accounting, business or tax advice contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties.