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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