The CARES Act and Your Taxes
As you may have heard the Coronavirus Aid, Relief, and Economic Security Act (commonly known as the CARES Act) was signed into law on March 27, 2020. The CARES Act will provide some necessary relief to America’s families and businesses as we all manage the COVID-19 health crisis and economic turmoil. In addition, the CARES Act has given extended time for the filing and payment of income taxes and has changed some other important dates.