Taylor Financial Group, LLC.
Addressing The CARES Act
and How it Effects You!
Good Afternoon,
On Friday, March 27th, the President signed into law the
CARES Act
, a $2 Trillion stimulus package intended to combat the severe economic damage caused by the coronavirus pandemic.
The CARES Act includes provisions intended to help individuals and small businesses.
The following resources are intended to provide general information to you about the main programs for individuals and small businesses.
As we continue to review the CARES Act and as more information is provided by the Small Business Administration and other sources, we will continue to update you.
Resources
For Individuals:
Our partners at Carson released a free guide to help you understand how the CARES Act impacts you – and how it’s shaped to help the overall economy, including:
- How the cash payment to individual Americans will work
- The new programs aimed at helping small businesses
- The opportunities introduced for retirement planning
- The pause on payments for federal student loans
- And more!
Watch Jamie Hopkins discuss how the CARES Act can affect you in a short video
here
.
For Small Businesses:
Many of our clients are small business owners who may need help deciphering some of the CARES Act provisions. It’s important that we help you be proactive to get ahead on the applications.
Click here for more information.
In case you missed it, the U.S. Chamber of Commerce released a small business guide and checklist for business owners. This resource will answer many of your questions on the CARES Act and how to move forward as a small business owner. If you would like a copy of this guide and checklist please
click here
to view the document.
Watch Jamie Hopkins discuss how the CARES Act can affect you as a small business owner in a short video
here.
As always, we are here to help you and your families. Please reach out to us if you have any questions.
This information has been derived from sources believed to be accurate. Please note - investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or oth
er professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.
