LFC blog is a blog about small business accounting along with Quickbooks software and tax preparation. It will include commentary on important tax legislation as well as tax information resources. Liberty Financial is located in Roseville, Minnesota.
March 30, 2020
Data on the recently passed CARES ACT
Congress has recent acted to provide financial support for businesses and individuals impacted by the shutdown of the economy due to the Coronavirus outbreak. Below you find the details of the CARES Act that the president signed into law. Also provided is the IRS most recent information on the checks that will be going out as a result of this law.
https://www.congress.gov/bill/116th-congress/senate-bill/3548/text
https://www.irs.gov/coronavirus