The CARES Act
The CARES Act, otherwise known as the Coronavirus Aid, Relief, and Economic Security Act has been put into effect to help the economy stay afloat during this crisis. Our Mid-MO CPA firm is here to go over a few of the highlights of the CARES Act with you in this week's blog. We encourage you to reach out to us if you have any questions whatsoever on this act. We are here for you during this difficult time. Our CPAs in Central MO are available via phone and all of our phone numbers can be found on our website at www.WTCPA.com . We can all get through this together! Wilson Toellner CPA is here for you! The CARES Act Contact us if you’d like to discuss these critical individual and business topics: Individual stimulus payments of $1,200 per adult and $500 per child Options to withdraw penalty-free money from your retirement plan to help cover expenses Requirements that your business pay sick leave if between 50 and 500 employees Potential for reduced or deferred payrol...