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CARES Act – Massive Coronavirus Stimulus Bill Passed By Senate

CARES Act – Massive Coronavirus Stimulus Bill Passed By Senate

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March 2020

On March 25, 2020, the U.S. Senate passed the Coronavirus Aid, Relief and Economic Security Act (CARES Act), a massive $2 trillion bill with an array of significant tax-saving provisions that impact both individuals and businesses and hopefully create needed cash flow. The CARES Act also could affect prior tax years.

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