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Sweeping Tax Relief Provided to American Families and Businesses under the CARES Act

Sweeping Tax Relief Provided to American Families and Businesses under the CARES Act

On March 27, 2020, President Trump signed a $2 trillion stimulus package known as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act” or the “Act”) in response to the economic crisis caused by the coronavirus pandemic (“COVID-19”). The Act provides tax relief on multiple fronts to American families and businesses impacted by … Read more

CARES Act Greatly Expands Eligibility for Small Business Reorganization

By: Ryan E. Davis, Bradley M. Saxton and C. Andrew Roy The CARES Act greatly expands the availability of businesses to use new bankruptcy law that makes it easier to reorganize. Among other things, the CARES Act also provides for direct stimulus to individuals, limited temporary relief for student loan borrowers, and greatly expands SBA … Read more