The Senate Committee of Small Business & Entrepreneurship has released information on the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress.
Businesses with fewer than 500 employees may be eligible for payroll, debt, and disaster relief loans from the Small Business Administration. The Act will also offer resources such as counseling and contracting, as well as tax provisions.
You can find additional information at optimahealth.com/covid-19/brokers.
Note: Optima Health is providing this to brokers and employers for informational purposes only. The information in this email and posted on our website is not intended to provide compliance, tax, or legal advice, or to be relied upon for these purposes. Brokers and employers should be advised to consult with legal and tax experts to understand how the Act will affect their individual or business circumstances.
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