On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide financial assistance to individuals and businesses was signed into law. The CARES Act expands earlier versions of two pieces of legislation to help individuals and businesses harmed by the COVID-19 pandemic.
Below you will find articles and resources to help navigate this legislation.
We have provided initial frequently asked questions and answers to various provisions under the Act, including Using the Employee Retention Credit, Employment-Related Provisions, Paycheck Protection Program, Healthcare related changes, Nonprofit-related Stimulus Provisions, and Expanded Unemployment Benefits. We will continue to update as additional guidance is released or as specific questions arise.
We offer clients a focused consultation on these and other issues, for a flat fee. Read more about our COVID-19/CARES Act Relief Advice Program.
In addition, Michael Best is helping our clients re-envision how to operate in this new reality. Visit our Return to Work page to learn more.
We will continue to keep you informed on the latest updates, and we encourage you to reach out to your Michael Best contact and/or any of the members of our CARES Act core team with questions.
External Resources Links
Congressional Research Service Reports:
Core Members of the Team include: