REDPATH INSIGHTS

• Individual Tax Provisions of the CARES Act
  The recently passed CARES Act, which you can see a broad overview of by clicking here, provides emergency assistance to individuals and businesses impacted by the coronavirus pandemic. Provisions of the CARES Act that affect individual taxpayers include recovery rebates, an adjustment to the availability of retirement funds, a change to charitable contribution deductions, and […]
• CARES Act Key Changes to Tax Provisions
  On Friday, March 27th, President Trump signed the CARES Act into law providing emergency assistance to individuals and businesses impacted by the coronavirus pandemic. In addition to emergency aid provisions, the $2 trillion bill contains both tax and non-tax provisions designed to stimulate the economy and increase liquidity.
• CARES Act Employee Retention Credit
  The CARES Act approved by the Senate late Wednesday provides broad relief to many businesses and individuals—and you can see a summary of the Act by clicking here. Two major provisions that will impact businesses and their operational decisions immediately are the employee retention credit and the ability to delay payment of employer payroll taxes.