CARES Act A Quick Briefing on New Resources for Impacted Businesses
The CARES Act introduces new resources aimed at supporting businesses affected by the economic fallout of the COVID-19 pandemic. Key programs include the Paycheck Protection Program and expanded Economic Injury Disaster Loan options, which provide financial assistance to keep employees working and cover operational costs. These measures, along with tax changes and credits, are essential for organizations navigating the challenges posed by the ongoing crisis.