brainerdcpa.com - Accountant in Brainerd | Minnesota CPA Firm | B. Johnson & Assoc., Ltd.

Description: CPA firm servicing Brainerd and north central Minnesota for auditing, accounting, bookkeeping, and income tax for businesses and individuals

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Dear Client,

We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (Coronavirus). Along with those paramount health concerns, you may be wondering about some of the recent tax changes meant to help everyone coping with the Coronavirus fallout. We want to update you on the tax-related provisions in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Congress’s gigantic economic stimulus package that the President signed into law on March 27, 2020.

The following are brief summaries of each item in the CARES Act – for more detailed information, please visit https://www.congress.gov/bill/116th-congress/senate-bill/3548/text or the IRS information site at www.irs.gov/coronavirus .

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