2020 Tax Planning Opportunities – CARES Act

Since the March 27, 2020 release of The Coronavirus, Aid, Relief and Economic Security Act (CARES Act), many tax provisions that are intended to put cash flow in the hands of individuals and businesses have been released.

The CICPAC Tax Thought Leadership Committee has compiled a summary of those changes potentially impacting our construction clients for consideration.

In the interest of timing, this document only provides an overview for further consideration for planning in 2020 and beyond.  This is a follow-up to the 2020 Tax Planning Opportunities for the Construction Industry that was posted last week.

We hope you find Tax Planning Opportunities – CARES Act  helpful.

Santora CPA Group
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