NEBRASKA SOCIETY OF CPAs
NEWS UPDATE
CARES Act Summary
The Senate this week passed its $2.2 trillion coronavirus emergency stimulus package, known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act. T he House is set to do the same on Friday, March 27, paving the way for the President to sign the bill into law. While the focus of the legislation is not tax, a large number of tax provisions are included in the 600-plus-page bill.


Below are links from various Senate committees that provide additional section-by-section summaries, courtesy of Sen. Ben Sasse's office.





More Resources for You & Your Clients
Many questions will arise in the coming days, weeks, and months. We will do our best to find you answers.