Join us Monday March 30th for a FREE two-hour webinar to update you on the business, economic and tax impact of the CARES Act:
Preserving Businesses During the COVID-19 Recession: Understanding the Business and Tax Impact of the CARES Act
You can register for FREE here: https://gs-lawfirm.com/program-20200330-preserving-business-during-covid-19-recession/
On March 25th, the Senate passed HR 478, The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). This $2.2 trillion package is the largest ever peace time expenditure in U.S. history. Its aim is to provide fiscal stimulus to save the American economy on account of the forced shut-down of many industries due to the novel coronavirus (COVID-19). In addition, all levels of government from municipalities to the IRS, as well as industry (financial institutions, landlords, etc.) are providing guidance on how to handle the unprecedented economic destruction. This program will provide business owners and their advisors, including accountant, lawyers, and financial advisors, with key information during this difficult and rapidly changing time, including: (a) an explanation of how the CARES Act will assist businesses, (b) discussion of relevant tax business tax provisions, (c) an update concerning insurance coverage for COVID-19 related claims, (d) the effect of COVID-19 on contract and lease provisions, (e) IRS Enforcement changes and programs, and (f) discussion of relevant succession planning and related tax issues.
Look forward to seeing you on Monday!
Eric L. Green, Esq
Green & Sklarz LLC
One Audubon Street, 3rd Floor
New Haven, CT 06511