H&A, CPAs Covid-19 office update

March 31, 2020

Dear Valued Client

We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (commonly referred to as the 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 Small Business Provisions and 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. We anticipate further guidance from Congress on all new tax provision in the future. The information is ever-changing and we will do our best to keep you up to date.  The following information is provided to help you make financial decisions for your business, and personal welfare.

If you need assistance understanding the data, please give us a call at 562-495-3331. We are here to help!