The Families First Relief Act and CARES Act have been approved and businesses, like yours, are scrambling to figure out what it all means. The information is coming fast and furious so it can be hard to make sense of what is right for your business. Below is a current assessment of the landscape as compiled by Ascend Consulting
, Fogged In Bookkeeping, and Prix Fixe Accounting
. This should not be taken as individual tax advice but rather as a guide. Always consult with your individual tax advisor to see how such programs may apply to your individual situation.