Apr 9, 2020
Have you heard about the CARES Act? How does it impact individuals and small businesses? Let's go through the important provisions and what they mean for you.
Read more and get additional resources here: https://financialplanningva.com/understanding-the-cares-act/
Today's rundown:
0:17 - This is a scary world we’re embarking on--how can you best prepare financially?
1:45 - How will small business owners be impacted by the CARES Act?
3:50 - The CARES Act will help businesses with payroll in a loan.
5:23 - Where should small businesses begin?
8:36 - How does the CARES Act impact individuals?
10:17 - Individuals can take distributions now for coronavirus related needs.
11:49 - There’s a greater deduction for charitable donations.