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Blog posts tagged with "payroll tax"

Status of Federal Stimulus Bill - Coronavirus Aid, Relief, and Economic Security (CARES) Act

By Jacob Dean   |  March 26, 2020

On March 25, 2020, the U.S. Senate unanimously passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act, often referred to colloquially as the stimulus bill or package, is a record-setting $2 trillion deal. The Federal government has been promising assistance over the last couple weeks, and now that passage of the CARES Act seems to be imminent, many are starting to ask, “how will this help my family?” and “how will this help my business?” A few of the major features of the Act are covered here.

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