CARES Act and Federal Tax Changes

CARES Act: Covid-19 Stimulus Summary

On March 27th, the President signed into law the “Coronavirus Aid, Relief, and Economic Security Act” (the CARES Act), the largest economic relief act in our country’s history.   The bill authorizes $367 billion in Small Business Administrations Loans

WineAmerica has provided a basic summary of the CARES Act and benefits for the wine industry here

The US Travel Association has provided a list of relief resources through new or existing federal programs as a result of this legislation. You can find those specific programs here 

Federal Tax Changes

For updates of federal tax changes, please view the PDF file below

Moss Adams Covid-19 – WA WINE