Smith Anderson (North Carolina): Tax Provisions in the CARES Act

On March 27, 2020 President Trump signed  the Coronavirus Aid, Relief, and Economic Security Act (HR 748) (“CARES Act”) shortly after the bill cleared the House. The Senate had passed the measure the day before.

The CARES Act is the third phase of Congress’s response to the coronavirus (COVID-19) emergency. The most significant business and individual tax provisions of the CARES Act are summarized below. MORE.

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