March 30, 2020

How Does the CARES Act Apply to You?

On March 27, 2020, the President signed the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) into law to provide relief to those impacted by the coronavirus and the economic downturn. This $2 trillion stimulus bill is the largest government bailout since World War II. It includes direct cash payments to individuals, loans to small businesses, extended unemployment benefits and help for distressed industries. The bill will have a significant impact on every aspect of the U.S. economy.


Alan Weissberger, Hirtle Callaghan’s Senior Tax and Estate Planning Specialist, explains the key provisions of this bill and what we think you should know about. Read “Highlights from the CARES Act” to learn more.


Highlights from the CARES Act