The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020. It includes provisions that are helpful to individuals who find themselves laid off by their employers during this unprecedented time. The law adds an additional $600 in weekly unemployment benefits from the federal government…
In the wake of the COVID-19 pandemic, the U.S. federal government passed the CARES Act, a $2 trillion stimulus package aimed at softening the economic distress suffered by American businesses and individuals. The massive stimulus package authorizes up to $349 billion in forgivable loans through the Paycheck Protection Program to…
Due to the COVID-19 pandemic, many non-essential businesses have been shut down, resulting in an unprecedented economic downfall for many employers. In efforts to provide relief for employers, the government has passed the CARES Act, which will allow employers to save costs by deferring their Social Security payroll tax (6.2%)…