Tax,
Government
Mar. 31, 2020
Coronavirus relief package provides good news for taxpayers
A summary of the Coronavirus Aid, Relief and Economic Security Act’s tax provisions.
Phil Jelsma
Partner and Chair of the Tax Practice Team
Crosbie Gliner Schiffman Southard & Swanson LLC (CGS3)
Email: pjelsma@cgs3.com
Phil is chair of the tax practice team at CGS3. He is recognized as a leading joint venture and tax attorney, with a 30-year background in real estate exchange transactions, syndications, nonprofit corporations and international tax planning.
Congress has approved the far-reaching $2.2 trillion Coronavirus Aid, Relief and Economic Security Act, or CARES Act -- the largest emergency aid package in U.S. history -- which has also been signed into effect by President Donald Trump.
This unprecedented economic stimulus package provides $1,200 to most Americans along with funds for small businesses -- and also contains key tax provisions designed to help businesses recover from ...
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