The Coronavirus Aid, Relief, and Economic Security Act

President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) into law on March 27, 2020. The CARES Act allocates $2.2 trillion for assistance to individuals, business, and hospitals economically impacted by the Coronavirus (COVID-19) pandemic.


What does that mean for you individually? Answers to many of the most commonly asked questions regarding 

the stimulus credit, unemployment benefits, student loans, retirement accounts and more are provided below.


Do you have a small business that is now struggling or has been forced to close its doors? There are financial aid provisions designed 

with you in mind as well. Loan and payroll credit options will help qualifying businesses meet payroll, pay the rent and more. 

  

To further help people facing the challenges of COVID-19 issues, the Internal Revenue Service has announced 

the People First Initiative . This program provides relief to taxpayers on a variety of issues ranging from easing 

payment guidelines to postponing compliance actions. 

 

CARES Act for Individuals (pdf)

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Small Business Loans (pdf)

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IRS People First Initiative (pdf)

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