On March 27th, Congress passed the Coronavirus Aid, Relief and Economic Security Act (CARES Act) that provides over $2 Trillion to help the US economy during this pandemic. The CARES Act splits the funds between five major categories: Individuals, Large Corporations, Small Businesses, State/Local Governments, and Public Services. Instead of trying to recap all 880 pages of the law in an email, we wanted to provide key links if you would like to know more.
A summary of the CARES Act including an infographic of where the money is allocated.
A detailed analysis of the CARES Act with summaries of each main provision.
Assistance for Small Businesses (including detail documents on the Paycheck Protection Program).
We have spent a good amount of time analyzing each feature of the CARES Act. If you have any detailed questions regarding your personal situation, please let us know.